Here are some recommendations to improve employee benefits and motivation at Nishat Textiles:
1. Expand the bonus and incentive program to include all employees, not just production staff. This will motivate head office employees.
2. Provide medical facilities for all employees and their families, not just those working in the mills. This will improve satisfaction.
3. Offer regular training programs to help all employees improve their skills and advance their careers. Training is important for retention and motivation.
4. Expand transportation benefits to cover all employees, not just females. This will make commuting more convenient.
5. Monitor workloads carefully to ensure employees are not overwhelmed. Addressing work-life balance issues can boost motivation.
Research report of Kohinoor Textile MillsHamza Zuberi
This report is written on The Kohinoor Textile Mills Ltd(KTML) which is a part of The Kohinoor Mills Ltd (KML). From a cotton export house, the KML has grown into a premier business group of Pakistan with 5 listed companies, concentrating on 3 core businesses; Textiles, Cement and Power Generation.
Business Project Report on Nishat Textile Mills PakistanMuhammad Shahid
This is a complete Business Project Report of the Nishat Textile Mills Pakistan including Organization Introduction, Industry Introduction, Industry Analysis, Market Analysis, Pest Analysis, Environmental Analysis, SWOT Analysis.
Research report of Kohinoor Textile MillsHamza Zuberi
This report is written on The Kohinoor Textile Mills Ltd(KTML) which is a part of The Kohinoor Mills Ltd (KML). From a cotton export house, the KML has grown into a premier business group of Pakistan with 5 listed companies, concentrating on 3 core businesses; Textiles, Cement and Power Generation.
Business Project Report on Nishat Textile Mills PakistanMuhammad Shahid
This is a complete Business Project Report of the Nishat Textile Mills Pakistan including Organization Introduction, Industry Introduction, Industry Analysis, Market Analysis, Pest Analysis, Environmental Analysis, SWOT Analysis.
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A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
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Implicitly or explicitly all competing businesses employ a strategy to select a mix
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[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
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Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
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Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
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Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
1. M Tahir Ayoob Joyo (143-14-0008)
Tanzeela Shamsher (143-14-0017)
M Usman Haider (143-14-0021)
Ahmad Awais Karam (143-14-0018)
Inzamam Ul Hassan (143-14-0001)
3. Industry Overview
Nishat Mills Limited is the flagship company of Nishat Group. It was
established in 1951.
It is one of the most modern, largest vertically integrated textile
companies in Pakistan. Nishat Mills Limited has 227,640 spindles,
789 Toyota air jet looms.
The Company also has the most modern textile dyeing and
processing units, 2 stitching units for home textile, Two stitching
units for garments and Power Generation facilities with a capacity
of 120 MW. The Company’s total export for the year 2015 was Rs.
39.868 billion (US$ 393.683 million).
Due to the application of prudent management policies,
consolidation of operations, a strong balance sheet and an
effective marketing strategy, the growth trend is expected to
continue in the years to come.
The Company's production facilities comprise of spinning, weaving,
processing, stitching and power generation.
The group has a remarkable position in the market as good as any
MNC operating locally in terms of its quality of products, services
and management skills.
4. Vision Statement
To transform the Company into a modern and
dynamic yarn, cloth and processed cloth and finished
product manufacturing Company that is fully equipped
to play a meaningful role on sustainable basis in the
economy of Pakistan. To transform the Company into a
modern and dynamic power generating Company that
is fully equipped to play a meaningful role on
sustainable basis in the economy of Pakistan.
5. Mission Statement
To provide quality products to customers and explore
new markets to promote/expand sales of the Company
through good governance and foster a sound and
dynamic team, so as to achieve optimum prices of
products of the Company for sustainable and equitable
growth and prosperity of the Company.
6. Company Profile
Key People, Financial, Products
Market share, Units
Competitors
Internal Factor Evaluation
Major Areas To be covered
External Factor Evaluation
Poter’s Five Forces
Competitive Profile Matrix
Recommendations
Conclusion
7. Business Profile
Products
1. Textile
2. Power Generation
3. Banking
4. Cement
Location
Head Office
7 Main Boulevard Gulberg,
Main Gulberg, Lahore,
Punjab
Financial Facts
Revenue ▲PKR 76321.51
Total assets ▲PKR 136567.68
Board of Directors
Mia Umer Mansha (CEO)
Mia Hassan Mansha (Ch)
Khalid Qadeer (Director)
Sayed Zahid Hussain
8. Business Profile
Branch Network
Domestic network
(4 production units
Faisalabad, Chunia, Feroz
Pur Wattowa, Lahore)
Market Share
18% of Total Market
share in Pakistan,
Including Government
Entities
Competitiveness
Kohe noor Textiles
Gul Ahmad Textiles
Din Textile
Sitara Textile
Saphire Textile
Personnel
Permanent 5
Total Staff Strength 16429
11. Top Competitors of Nishat Textile Mills Ltd
Sapphire Textile Mills Limited is a Pakistan-based company engaged in
manufacturing and sale of yarn, fabrics, home textile products, finishing
and printing of fabrics. The Company's segments include Spinning;
Weaving; Processing, Printing and Home textile products, and Power
generation. Its products are marketed in Asia, Europe, Australia and North
America. Its subsidiaries include Sapphire Retail Limited, Sapphire Wind
Power Company Limited, Tricon Boston Consulting Corporation (Private)
Limited and Sapphire Tech (Pvt.) Limited. Sapphire Retail Limited operates
Sapphire brand retail outlets for sale of textile and other products.
Sapphire Wind Power Company Limited has set up wind power station of
52.80 megawatts (MW) at Jhimpir. Tricon Boston Consulting Corporation
(Private) Limited has wind energy projects in Jamphir Sindh. Sapphire Tech
(Pvt.) Limited is engaged in setting up electric power generation project
and sells electric power.
12. Din Textile Mills Limited is a Pakistan-based company engaged in the
manufacture and sale of yarn. The Company's product range includes
Combed Compact Yarn, Core Spun Yarn, Slub Lycra Yarn, Slub Yarn, Dyed
Yarn, Melange Yarn, Ply Yarn and Gassed Yarn. The Company offers reactive
dyes for cotton; vat dyes for cellulosic and regenerated cellulosic fibers and
their blend; cotton yarn, and cotton fibers and their blends; surgical yarn
and cotton, and bleach yarn (for towels), among others. It offers a range of
carded and combed spun yarn for use in denim, and woven and knitted
fabrics, among others. It offers Melange Yarn for both knitting and weaving
with applications, including sweaters, fleece fabric, socks, apparel and
curtains. The Company's manufacturing units are located at Pattoki and
Raiwind in the province of Punjab. The Company has approximately four
spinning units and a dyeing unit.
13. Gul Ahmed Textile Mills Limited is engaged in trading of textiles. The
Company's manufacturing activities include spinning, weaving, yarn dyeing,
processing, design, stitching and quality control. The Company's segments
include spinning, weaving, and processing, home textile and apparel. The
spinning segment is engaged in production of various qualities of yarn using
both natural and artificial fibers. The weaving segment includes a method of
fabric production in which over two distinct sets of yarn or threads are
interlaced at right angles to form a fabric. The processing, home textile and
apparel segment is engaged in production of greig fabric, and processing
into various types of fabrics for sale, as well as manufacture and sale of
made-ups and home textile products. The Company's products include
yarns, fabrics and made-ups. The Company is a subsidiary of Gul Ahmed
Holdings (Private) Limited. The Company's subsidiary is Gul Ahmed
International Limited (FZC).
14. Kohinoor Mills Limited is a Pakistan-based holding company. The Company is
engaged in the business of textile manufacturing covering weaving,
bleaching, dyeing, buying, selling and otherwise dealing in yarn, cloth and
other goods and fabrics made from raw cotton and synthetic fiber. The
Company is also engaged in generating and supplying electricity. The
Company operates in three segment Weaving, which is engaged in
producing different quality of greige fabric using yarn; Dyeing, which is
engaged in converting greige into dyed fabric, and Power Generation, which
is engaged in generating and distributing power. The Company's
manufacturing facility is spread over an area of approximately 100 acres,
and is located near provincial capital city Lahore. Q Mart Corporation
(Private) Limited is a subsidiary of the Company.
16. Internal Constraints
Location of Manufacturing
Lack Of Skilled Labor Force
Problem in buying the Raw Material and Machinery
Financial Problems
Management Practices, Maintenance and Marketing
17. Internal
Factor Evaluation
IFE
Strengths:
Strong Security System
Latest mechanized machinery
Tremendous market
positioning
Highly Motivated Workforce
Competitive advantage
Own power generation plant
Strong financial position
Professional management
Weaknesses:
High cost of production
Centralized decision making
Small international market share
Less promotional activities
Lack of benefits and rewards for
the employees
Non availability of 100 % polyester
processing
18. Internal Factor Evaluation - IFE Excel
Key Internal Factors Weight Rate Weighted Score
Strengths
ISO 9001 and IKO-TEX 100 Certified. 0.11 3 0.33
Biggest composite unit in Pakistan. 0.10 4 0.44
Highest credit rating by PACRA. 0.13 4 0.52
Self owned power plant. 0.15 4 0.60
Largest dyeing facility in South East Asia. 0.12 4 0.48
Weaknesses
Relying on international market only. 0.10 2 0.20
High cost of production 0.12 2 0.24
High employee’s turnover 0.06 2 0.12
Transit time is more as compare to
foreign competitor
0.11 1 0.11
Total 1 3
29. 2017
Total Assets
Total Revenue
Gross Profit
Operating Income
Net Income
Total Liabilities
Total Equity
Cash of Operating Act
Cash of Investing Act
Cash of Financing Act
Net Change in Cash
136567.68
76321.51
12267.9
7674.07
6170.14
48420.52
88147.16
-1313.08
-4052.42
2871.09
-2494.41
2016
124236.87
69645.65
12454.56
8344.87
6089.79
41320.85
82916.01
10419.75
-986.39
-6683.5
2749.85
2015
124170.16
79460.56
13063.93
9378.83
6745.25
42295.89
81874.27
8752.23
-3088.14
-9440.13
-3776.04
Financial Highlights
Rupees in Million
Total Assets
Total Revenue
Gross Profit
Operating Income
Net Income
Total Liabilities
Total Equity
Cash of Operating Act
Cash of Investing Act
Cash of Financing Act
Net Change in Cash
37. Matching Key Factors to Formulate Alternative
Strategies
Internal External Resultant strategy
Larger Area of production unit + International Market
Focused
= Should enter into national market.
43% growth in advances in
2015
+
Production and Exports
business
= Entry in local business market
Lack of technology + Exit of competitors =
Pursue horizontal and vertical
integration by buying competitors
facilities
Huge Investment +
New marketing strategies
for new products
= invest money in new projects
Employee benefits +
One man show in
branches =
Developing new employee
benefits packages to decrease
union threats
38.
39. • At present facility of bonus is given only to production staff but such incentives
should also be given to Head office Staff.
• Medical facilities are given in mill but such facilities should also be given to
management.
• Different training courses should be arranged for the up lifting and improving the
quality of work for employees
• They provide transportation facility to only female employees I think male should
also be provided with conveyance convenience. This will create the easiness for
workers and reduce the wastage of time.
• There is also a problem of work overload for the employees and it should be
control properly so that the employees are motivated.
• Employees should be paid extra for the work which they done after working
hours.
40. • There is also a need of proper recruitment and selection program.
• New young talent should be introduced to inject the new ideas.