PRAN is the largest food and beverage processing company in Bangladesh. It has strong planning, organizing, leading, and controlling functions in its management. PRAN plans thoroughly with goals, strategies, and short-term targets. It involves employees in planning and allows flexibility. PRAN organizes its production system efficiently with standard processes. It has a clear organizational structure and leadership styles that vary based on employees and situations. PRAN motivates employees through rewards, promotions, and setting examples. It communicates changes well and increases productivity through target-oriented tasks.
Here is my report on PRAN-RFL group
// TEAM STARK //
- American International University Bangladesh -
Take Idea from this report but do not copy from this ...
Core competencies & business level strategy of pran rfl group.Rizwan Khan
A core competency is a concept in management theory introduced by, C. K. Prahalad and Gary Hamel. It can be defined as "a harmonized combination of multiple resources and skills that distinguish a firm in the marketplace". Core competencies fulfill three criteria: Provides potential access to a wide variety of markets.This is done through Business-level strategies. Business level strategies detail actions taken to provide value to customers and gain a competitive advantage by exploiting core competencies in specific, individual product or service markets.
Here is my report on PRAN-RFL group
// TEAM STARK //
- American International University Bangladesh -
Take Idea from this report but do not copy from this ...
Core competencies & business level strategy of pran rfl group.Rizwan Khan
A core competency is a concept in management theory introduced by, C. K. Prahalad and Gary Hamel. It can be defined as "a harmonized combination of multiple resources and skills that distinguish a firm in the marketplace". Core competencies fulfill three criteria: Provides potential access to a wide variety of markets.This is done through Business-level strategies. Business level strategies detail actions taken to provide value to customers and gain a competitive advantage by exploiting core competencies in specific, individual product or service markets.
This is a basic report of BEXIMCO pharma industry. Only basic tools and topics of management were used to prepare this report. This report might help the students who are doing MGT 210 COURSE in North South University of BANGLADESH.
An example of Inventory sheets that can be used to plan and track your food storage. One list is provided for shelf storage and another list for freezer storage.
while persuing my BBA(H), i have done project on financial research of Ranbaxy Laboratories Limited, the main subject of my project is to show the effects of leverage in deceision making.
while persuing my BBA(H), i have done project on financial research of Ranbaxy Laboratories Limited, the main subject of my project is to show the effects of leverage in deceision making.
Pharmaceutical is a booming sector in the country today. Foreign investments have flowed into the country over the past few years in huge amounts. Bangladesh, with a population base of 160m provides a very prospective environment for foreign Pharmaceutical to invest. Who are increasingly becoming more capable of purchasing consumer goods, and this class is growing says a study by World Bank.
The Company started its operations as Pfizer (Bangladesh) Limited in 1972. For the next two decades it continued as a highly successful subsidiary of Pfizer Corporation. However, by the late 1990s the focus of Pfizer had shifted from formulations to research. In accordance with this transformation, Pfizer divested its interests in many countries, including Bangladesh. Specifically, in 1993 Pfizer transferred the ownership of its Bangladesh operations to local shareholders, and the name of the company was changed to Renata Limited.
In this report, we have tried to find out how Renata Limited maintains its Financial Accounting policies and develops its businesses in this one of the most competitive Pharmaceutical markets in the world. ACI Ltd, Beximco Pharmaceuticals Ltd, Essential Drugs Company Ltd, Square Pharmaceuticals Ltd etc are competitors of Pharmaceutical markets. The objective of this assignment is to begin to integrate the many concepts we have studied and to give an opportunity to apply our financial accounting in a real-world setting. Renata Limited performs this hard job through applying our studied strategies. Renata Limited is earning Goodwill and Customer Satisfaction through providing quality services and maintaining up-to-date business strategies. And after analyzing the reports and studying the market it is quite clear that they are fairing quite well according to their company objectives.
Many organisations include reputational management as part of their daily operations, integrating its principles and tools into corporate management to a greater or lesser extent. Yet few introduce the vision of reputation into the very heart of their business strategy, making it their main asset when taking business decisions
Tetra Pak is one of the few examples that can be made in this sense, which is a truly remarkable feat for an organisation whose aim, however paradoxical this may sound, is somehow to go unnoticed, at least for its own users: all those people who 460 million times a day use their recycled containers or cartons of milk, juice, shakes or tea for breakfast, lunch or dinner.
This document has been prepared by Corporate Excellence – Centre for Reputation Leadership. It has cited, from among other sources, the speeches by Nicolas Georges Trad, Executive Partner of Reputation Institute, and Khaled Ismail, Corporate Brand Director at Tetra Pak, delivered at the 16th Global Conference “Going Global in the Reputation Economy”, organised by the Reputation Institute in Milan from 30 May to 1 June, 2012.
This APM event was co-organised by the ProgM and Governance SIGs in conjunction with our good friends at PWC. [Full write up: http://bit.ly/apmpwcsurvey]
As Miles Dixon and I introduced the evening, I knew that we were in for some fun as Karl Reilly @karl_reilly_pwc, our host, speaker for the evening and veteran of programme management, let it be known that he would ‘ask the audience’ to send in their votes using software called Poll Everywhere. [You only have to look at the website of this tool to realise just how engaging this can be for a live audience!]
As part of my introduction I threw out a couple of challenges. Firstly with the well-known saying ‘lies, damned lies and statistics’ - why should we trust what this survey from PWC says?
Also, “Isn’t it rather shocking that out of more than 3,000 respondents from more than 100 countries, only half [50%] agreed that ‘an appropriate baseline exists to measure all benefits for their organisation [projects and programmes]’
If this really is the case how can change commissioners possibly know whether they have got what they wanted in the first place?
The 4th PwC Global PPM Survey, conducted in 2014 looked at; trends, challenges, opportunities and opinions relating to the management of portfolios, programmes and projects.
During the evening we were invited to vote by text and web on our smartphones [one of those rare ‘don’t switch your phones off’ evenings] on various survey questions. The results and opinions of ‘we happy few’ were compared to those of the much larger global population.
So for example. On the question of “Where benefits are set, are they realised?” [Slide 12] illustrates the fact that audience opinion [yellow] is broadly similar with the global view [orange] this certainly wasn’t the same in every case and led to some interesting debate.
Sandie Grimshaw, who led the survey team, joined us part way through the session - after a long day at work. She says “The results are both interesting and enlightening, especially when considered with the findings of previous surveys, and also with the results that we find when PWC undertakes maturity assessments around the world on client programmes.
I believe our survey findings have provided a fresh perspective for executive teams, as well as giving PPM professionals evidence from which to re-evaluate their priorities and approach to delivering successful change programmes.”
Not being one to miss an opportunity, Alan Macklin, ProgM committee member and Deputy Chair of APM Board, stated APM’s desire to be involved in the next survey round 2015/16 as he sees it as an opportunity to extend our own work on Conditions for Project Success.
In addition, in a short infomercial, the audience were invited to attend our inaugural APM Benefits Summit [23-25 June] - partially in response to the survey’s findings on Benefits Management uptake!
Merv Wyeth
The Covid-19 pandemic has ushered in a new age in the world. We are still grappling with the implications in various areas of our everyday lives. The impulsive buying habits of consumers, the supply chain, and the whole industry are not exceptions. Consumers and supply chains were both unprepared during the early stages of the novel corona virus pandemic. The procurement of utilitarian products was referred to as panic buying. The study examined using exploratory studies on several individuals in the eight selected Islamic countries who have been panic buying in corona virus-affected areas and have faced regional constraints. The data apply on exploratory factor analysis (EFA) in eight selected Islamic countries, three hundred samples finally selected, and a good number of volunteers supported this study. The results have shown that a drastic financial effect on the economy where purchasing power and remittance inflow declined, inflation goes up and precaution for lockdown, whereas impulsive buying goods tendency increased due to misinformation, and panic buying immensely impact in the economy. The decision-making process has shifted, preventing financial burdening, rising saving patterns, and unwelcoming unhealthy consumption. Moreover, visible psychological distress, depression, anxiety, and posttraumatic stress. These studies concluded with a policy recommendation providing the results.
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APA Citation: Mukit, M. M. H., Nabila, N. J., Abdel-Razzaq, A. I., & Shaznin, K. F. (2021). The economic influence on consumers buying behavior in Islamic countries: Evidence from the covid-19 economic crisis. ECONOMICS, 9(1), 179–204. Retrieved at https://doi.org/10.2478/eoik-2021-0003
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Research gate: https://cutt.ly/xnThjBh
This proposal is intended for obtaining the approval of carrying out the marketing term paper on
The topic -
“FACTORS INFLUENCING CONSUMERS’ BUYING PATTERN TOWARDs WIMAX MODEM IN BANGLADESH- a study on BANGLALION WiMax Modem.”
In order to fulfill the requirements of conducting the practical marketing term paper for the course of “Marketing management (MKT201)”.
WiMax internet is a new wireless internet technology to the Bangladeshi internet users, which has been emerging during the last two years and replacing the broadband services at a fairly quick pace. Though previously there have been some wireless internet service providers operating in the industry, due to various reasons like high prices and low coverage, the concept of wireless internet service couldn’t make its place in the crowd.
However, Banglalion Communication Ltd. promised to remove these shortcomings two years back and quite successfully have started their operations. The significance and objectives of the term paper, design of the research methods and schedule of the report submission are clarified throughout the upcoming sections.
* May Be There have some mistake please avoid and check it again...Thanks.
**I love and like to Help and if anybody be grateful to my job please don't forget to mail me.... :P
Best Regards,
Mushfiqul Haque Mukit
East West University
I'm always prefer to spread the education tolls world wide, whatever i know well i think may be another couldn't able to realize it.If my ability help them i will be very much happy for them,those who are something learn from me....
If you are happy and helpful by sharing my tools please email me...
Mushfiqul Haque Mukit
East West University
Bangladesh...
mushfiq.mukit@gmail.com
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Normal Labour/ Stages of Labour/ Mechanism of LabourWasim Ak
Normal labor is also termed spontaneous labor, defined as the natural physiological process through which the fetus, placenta, and membranes are expelled from the uterus through the birth canal at term (37 to 42 weeks
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
2. Submitted To:
Silvia Akter
Faculty of Business Administration
East West University
Submitted By:
1. Md.Mushfiqul Haque Mukit
ID: 2010-2-18-010
2. Arafa Ferdous
ID: 2011-1-10-360
3. Mahfuz Ahmed
ID: 2011-2-10-194
Section-07
Date of Submission: 08/04/2012
EAST WEST UNIVERSITY
2
3. LETTER OF TRANSMITTAL
Date: 08/04/2012
To
Silvia Akter
Faculty of Business Administration
East West University.
Subject: Submission of report on “Management Function of PRAN”.
Madam,
This is our great pleasure to have the opportunity to submit the report on the “ ” as part of
our course studies.
The report is prepared based on visiting company, published reports, websites and other related
documents and the documents collected from library. Through our best sincerity we have tried
to uptake all the related issues in the report within several limitations. We sincerely hope and
believe that these findings will be able to meet the requirements of the course.
Therefore we would like to place this report for your kind judgment and valuable suggestion.
Thanking you.
Sincerely yours
Md. Mushfiqul Haque Mukit
ID: 2010-2-18-010
Arafa Ferdous
ID: 2011-1-10-360
Mahfuz Ahmed
ID: 2011-2-10-194
3
4. ACKNOWLEDGEMENT
At first we are very grateful and thankful to the Almighty Allah.
For the completion of this report visiting the company, searching for websites, articles and
related documents were required. However, it was our instructor, Silvia Akter who played the
important role by giving us an insight about the report. We express our profound indebtedness
and gratitude to her, for her valuable advice that helped immensely in preparing this report.
In addition we would also like to thank all employees of PRAN who spent their valuable time to
provide us information about their company.
We are also thankful to our fellow students, who helped us a lot to prepare this report.
4
5. Table of Content
History of PRAN Page-1-2
Planning Page-2-6
Organizing Page-6-7
Leading Page-8-10
Controlling Page-10-13
Conclusion Page-13
Reference Page-14
Introduction:
PRAN stands for Program for Rural Advancement Nationally.
5
6. The largest fruit and vegetable processing industry in Bangladesh with countrywide distribution
network AMCL’s PRAN is an established brand of Bangladesh with an extensive sales force all
over the country. PRAN have a well-developed infrastructure for production, sales and
distribution. PRAN has proven itself as – Local product but of international standard.
AMCL was launched in 1985 as an agri-business venture to:
Serve small farmers with inputs.
Marketing farm produce for profits.
Organizing contract growers to grow specific crops.
Exports of agricultural products.
Soon it was apparent that a processing facility was imperative for a sustainable venture. AMCL
therefore set up a factory on 8 acres in Ghorasal with machinery for bottling and canning in May
1991. The factory has expanded substantially over the last 9 years in all spheres of food
processing e.g. bottling, canning, pulping, pickling, concentrating as well as installation of
Bangladesh’s first Tetra-Pack facility and a modern Extrusion plant for snack food. Machinery
for all these lines are being installed, expanded, modified and fabricated continuously.
AMCL are very keen to adopt a new technology as it is discovered because of being in such a
competitive market. PRAN’s R & D are always working hard for a better technology of
production. All departments’ administrative works are done through connected computers using
the best software and hardware.
Being a major exporter PRAN has to communicate a lot with outside suppliers, retailers or
consumers. Therefore this section is very important for AMCL. PRAN has taken this
communication issue very seriously. They often have to do meetings by doing teleconferences,
internet shopping, video conference etc.
AMCL provides with good quality products conforming to local tastes, health and hygienic
standards which are of affordable price and within the reach of target consumers. This is the first
and largest ISO 9001 certified food processing industry in Bangladesh.
6
7. Mission:
To generate employment and earn dignity and self-respect for our compatriots through
profitable enterprises.
Vision:
Improving Livelihood
Objectives:
AMCL and its Brand name “PRAN” have twin objectives – “achieving social values with
sustainable pecuniary advantage for all our stakeholders.”
Goals:
To remain as the market leader with consumer items in food & beverage sector in the
country & to be the market leader in same sector in abroad with minimum NP level of
10%.
Quality maintenance and improvement.
Satisfied customers.
Hold on to the current customers and again gain customer loyalty.
Gain competitive advantage over all the competitors.
To double sales and expand production capacity every 7-8 years.
To become one of the biggest names in international fruit and vegetable processing
industry
“PRAN” is currently one of the most admired food & beverages brand among the millions of
people of Bangladesh and other 82 countries of the world where PRAN Products are regularly
being exported.
7
8. The company hasn’t reached this position without a great management function.
Planning:
One of the most common sets of activities in the management is planning. It is a preparatory
step. It is a systematic activity which determines when, how and who is going to perform a
specific job. It involves defining the organization’s goals ,establishing strategies for achieving
those goals and developing plans to integrate and coordinate activities Planning is a detailed
program regarding future courses of action. It is rightly said “Well plan is half done”. Therefore
planning takes into consideration available & prospective human and physical resources of the
organization so as to get effective co-ordination, contribution & perfect adjustment. It is the basic
management function which includes formulation of one or more detailed plans to achieve
optimum balance of needs or demands with the available resources.
There is no mystery about how PRAN reached it today’s position. All it took was great planning
involved turning ideas into actua1ities by a series of logical steps.
PRAN followed some general and logical steps and they are:
1. By defining the major objective.
The major objective is the total job, the final result. There can be only one major
objective, and this must be clearly visualized before any planning can be attempted. The
major objective for PRAN is to remain as the market leader with consumer items in food
& beverage sector in the country & to be the market leader in same sector in abroad with
minimum NP level of 10%. They thoroughly communicate this to the entire organization.
2. By choosing alternative course of action
8
9. When forecast are available and premises are established, a number of alternative course
of actions have to be considered. For this purpose, each and every alternative will be
evaluated by weighing its pros and cons in the light of resources available and
requirements of the organization. The merits, demerits as well as the consequences of
each alternative must be examined before the choice is being made. After objective and
scientific evaluation, the best alternative is chosen. Managers of PRAN always surf the
market to avoid vacuum in Market in aspect of existing product availability & in aspect
of new product.
The planners take help of various quantitative techniques to judge the stability of an
alternative.
3. By formulating short term plans
People fail because they try to achieve major objectives in one swoop. The task should be
broken down into contributory minor objectives, each clearly defined and each capable of
detailed planning. These plans include policies, procedures, rules, programmes, budgets,
schedules, etc. As PRAN main objective is to remain the market leader, short term plans
will include sales maximization, production maximization, and cost minimization. The
company’s short term objective is to avail the target that been set before the year starts.
These targets are also a part of the long term objective as well.
Derivative plans indicate time schedule and sequence of accomplishing various tasks
4. By involving more organizational member.
Organization should involve more members in the planning process. This doesn’t mean
plans are handed down from one level to the next but instead are developed by
organizational members at various level. PRAN uses this strategy very well, they help
their employee grow. They give them proper training and development and encourage
employees to ask questions and make suggestions that they think better.
9
10. 5. By working out detailed plans for minor objectives and allowing flexibility.
With the overall plan broken down and correctly phased, it becomes possible to work out
details for the accomplishment of each minor objective.
At this stage the decisions which PRAN make are:
What is to be done?
How is it to be done - resources, methods and means?
Who is going to do the job?
When is the job to be done - starting and finishing times
Where is the job to be done?
All the facts may not be known when plans are first made. Later on, new data may
become available. For this reason, minor plans of PRAN are flexible enough to cater for
unforeseen events or emergencies.
Having considered the steps involved in planning PRAN turn their attention to the way in which
they should be applied. In PRAN planning is applied downward, with the active co-operation of
subordinate staff all down the line. It follows that every level understand the planning approach
outlined and is able to allocate priorities and work out precise details. Only in this way PRAN
break down a really major objective into the mass of detailed activities which become necessary
for its accomplishment. In the end, a proper job of planning by the entire supervisory staff of
PRAN ensure unified and successful action. PRAN is very effective in doing so as they treat
their employees as core resources and family member and encourage their participation in
decision making and in implementing plans those are formed by the top level management thus
they implement their plans easily and efficiently with the help of subordinates and staffs.
After the plans are implemented monitoring the plans are equally important to ensure that
objectives are achieved. It is also important to appraise its effectiveness. PRAN does this on the
basis of feedback or information received from departments or persons concerned. This enables
the management to correct deviations or modify the plan. This step establishes a link between
planning and controlling function. The follow up go side by side the implementation of plans
in the light of observations made, and thus help PRAN to make more realistic future plans.
10
11. In PRAN managers frequently check all the works that are to be maintained and take any
corrective actions that are needed. PRAN is one amongst the fewest in Bangladesh who has a
culture of profit sharing management as an appraisal for performing the jobs correctly.
Organizing:
Production system:
The practical expression of PRAN’s people and customer-oriented philosophy is known as the
PRAN production system. This is not a inflexible company-imposed procedure but a set of
principles that have been proven in day –to-day practice over many years. Many of these ideas
have been adopted and imitated all over the world.
PRAN production system has three desired outcomes:
To provide the customer with the highest quality product, at lowest possible cost, in a
timely manner with the shortest possible lead times.
To provide members with work satisfaction, job security and fair treatment.
It gives the company flexibility to respond to the market, achieve profit through cost
reduction activities and long-term prosperity.
PRAN production system strives for the absolute elimination of waste, overburden and
unevenness in all areas to allow members to work smoothly and efficiently. The foundations of
PRAN production system are built on standardization to ensure a safe method of operation and
a consistent approach to quality. PRAN members seek to continually improve their standard
processes and procedures in order to ensure maximum quality, improve efficiency and eliminate
waste.
Manufacturing Process:
PRAN control and monitor every aspect of the manufacturing process. PRAN ensure the
integrity of the enterprise and to maintain quality assurance, the implementation of standards.
This means installing efficiently designed processes throughout the operation from product
development, to supply chain and shipping. By adopting a strong, process-centric culture, your
company can smoothly transition from chaotic and ad hoc management systems to a smooth
running operation that increases profits.
11
12. PRAN Company gains the accountability and consistency that will give them a cutting edge. All
the tools ensure that all processes are properly understood, allowing you to increase the safety as
well as the efficiency of the operation.
Managing
Director
CFO
Retail (Chief Financial HR
Marketin Officer) Manage
g r
Manager
Retail Wholesale Merchandisin Costing & MIS Export Plant
Services g Manage Manage
Manager Efficiency r r
Manag
Manage
Manager Manager er
r
Area Wholesale Merchandising Costing Program Exp. Dept.
Manager Services
Officer Supervis Manager
Manager Officer Officer or
Shop Area Distribut
MLeading: Manage
anag or
er r
12
13. PRAN is the largest processors of fruits and vegetables in Bangladesh. The management of this
GROUP is modern adapted to our environment and culture. PRAN has some enthusiastic leaders
who are always lead the company very well.
The most gifted athletes rarely make good coaches. The best violinist will not necessarily make
the best conductor. The company higher managers will seek out the scope from how they their
employers. Nor will the all the managers take effective decision for the company so they
cooperate with all employers and they also distinguish between the skill of performance and
achieving task performance. PRAN’s management group also determines whether a person is
capable to finish his task or not.
As the PRAN is a huge organization it leading style varies with the employee and environment
of the company. Whenever they fall in a tough situation they will find the way to overcome the
situation with effective leadership style.
Leadership Style in the Organization
Leadership differs or varies man to man. Leadership works best when employee and employer
are works towards organizational goal. PRAN has its clear vision and planning overall the
organization and they go ahead with their goal to achieving this. As it’s a huge organization
comprises 10 companies so it tough to organize the whole work activity and maintain the worker.
The company’s largest asset is its competent team of hands-on-managers and their dedicated
employees. The manager of the organization treats their subordinates with very friendly way and
also plays very important role to leading them effective way. The organization differentiates
manager leadership power in different sector. The entire organizational strategies are worked
with to achieve the company’s goal.
13
14. Democratic leadership: The Company wants to share their views and ideas with worker and
from them the company also expects some valuable ideas whenever take any decision. So the
company believes in democratic leadership which gives importance to all the employer.
Transactional leadership: Sometimes Company offer reward for some specific task they did it
to motivate employee. PRAN has some expertise those make strategy for long-term motivating
work environment and they used it towards the workers.
Motivating Employee
Motivation is the process that account for an individual’s willingness to exert high levels of
effort to reach organizational goals, conditioned by the effort’s ability to satisfy some individual
need. Motivation mostly needed when the workers are low in their effort or performance. The
simplest and most intuitive approach to motivation is to satisfy an employee’s need. The
management leader of the company motivates their employers giving reward, special offer,
promotion and many others ways like:
They make most workers motivated as they always try to make the best result out of their
employees.
They set a personal example to follow by their subordinates.
The company shows the employee’s future basing on their job regarding their
achievements and other staffs.
Sometimes they offer outing beyond the job.
Sometimes they give employee’s different incentive offer like- performance based
reward, task based reward etc.
For motivating the employer they set the right job and well environment for the
employer.
They also give the right to make effective decision for organization.
How changes affect workers productivity
PRAN has different sector and all the sector strategy are not same so they set different strategy
for the entire sector to increasing company’s productivity. Whenever any changes are made the
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15. team manager let all know about the changes and make them training what will be done at the
forefront. This change also is not tough to the employer because seniors are come to
communicate with the employer and make them understand about the changes. They also make
them know about the productivity of their work performance and give some target oriented task
which may increase the productivity.
Right Time of Stimulate Conflict
Stimulate confliction happened for some unusual reason which could be very complicated for the
company to solve this problem. As PRAN is a huge company some work could not be done time
to time when a gap created between management and employee and for this confliction occur.
Another problem for the company is when the employee leave from company. As the Company
build their planning with a clear vision so PRAN overcome this.
Controlling:
What is controlling?
In today’s competitive global marketplace, managers want their organizations to achieve high
levels of performance, and one way they can do that is by searching out the best practices
successful organizations are using. By comparing themselves against the best, managers look for
specific performance gaps and areas for improvement where better controls over the work being
done are needed.
So Control is the process of monitoring activities to ensure that they are being accomplished as
planned, and correcting any significant Deviation.
Importance of control for PRAN-RFL group:
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16. In an organization planning can be done, an organizational structure can be created to efficiently
facilitate the achievement of goals and employees can be motivated through effective leadership,
still there’s no assurance that activities are going as planned and that the goals managers of
PRAN-RFL group are seeking are, in fact being attained. Therefore control is important because
it’s the final link in the management function.
The value of control lies in the relation to:
Planning
Employee Empowerment
Protecting the Workplace
The Control Process of PRAN-RFL group:
2. Comparing
1. Measuring Actual
Actual Performance
Performance against
Standard
3. Taking
Managerial
Action
Common sources of information for measuring performance:
Personal observations:
Managers of PRAN-RFL group get firsthand knowledge. They emphasis on Intensive coverage
of work activities
Statistical reports:
Managers of PRAN-RFL group can easily visualize the performances of employees. They can
build relationship through this source.
Oral Reports:
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17. This is the fastest way to get information for the Managers of PRAN-RFL group. They allow
both verbal &nonverbal feedback
Written Reports:
This is comprehensive & the formal way for the company. This is easy to file & retrieve
Comparing:
The comparing step determines the degree of Variation between actual performance and the
standard. Although some variation in performance can be expected in all activities, it’s critical to
determine the acceptable range of Variation. PRAN-RFL group offers themselves the standard
in the Bangladeshi Food and beverage sector.
Taking Managerial action:
The third & final step in the control process is taking managerial action.
Correct actual performance of the organization
Revise the Standard of productivity
Marginal Decisions in the control process:
The standards evolve out of goals which are developed during the planning process. These goals
then provide the basis for the control process which essentially a continuous flow between
measuring, Comparing and taking managerial action.
Controlling for Organizational performance:
They Measure organizational Performance through:
Productivity of PRAN-RFL group
Effectiveness of PRAN-RFL group
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18. Management Information System:
Management information system should be IT based. PRAN-RFL
group majorly focus on IT based MIS.
More automation wills easy your life more with better control.
Tools for controlling organizational performance:
Tools for
Controlling
Feedforward
Control
Concurrent
Control
Feedback
Control
Controls Measures for reducing workplace violence:
The organization is very much concerned about the workplace violence for maintain the
organizational productivity and organizational effectiveness.
Conclusion
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19. No ideology, no ism, no political theory can win a greater output with less effort from a given
complex of human and material resources, without sound management. Although this firm is in a
very good position in the market, we would just make a suggestion that, they should offer more
and more differentiated products through segmentation of the current market in more details. Of
course, the economic capability of target customers must be carefully analysed. Managers can
communicate more and make survey to reach closer to the customers and create market offerings
which are both for the betterment for the firm as well as for the society. This practical experience
gathered from observing these established company of Bangladesh has just helped us to reach to
a conclusion that – What nurtured the success of PRAN-RFL group?
References:
I. MD: Shahan Shah Azad
II. COO, PRAN-RFL Group
III. WWW.pranrflgroup.com
IV. www.Google.com
V. http://www.pranfoods.net/employee_care.php
VI. Management by Stephen P. Robbins
VII. EWU library.
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