MODESTY SPORTS
INTERNSHIP REPORT
Subject:
Internship program for 4th semester
Company:
Modesty sports
Class:
MBA
MODESTY SPORTS
Internship Report
Modesty sports
Sialkot
MODESTY SPORTS
MODESTY SPORTS
Acknowledgement:All the praise is for Allah, the most merciful and beneficent, who
blessed me with the knowledge, gave me the courage and
allowed me to accomplish this difficult task.
I am much thankful to the Allah who gives me patience and power to
complete my internship and he gave me opportunity to learn much
through my University.
I am heartedly thankful to my all teachers for giving me enough
knowledge to be able to carry myself efficiently during my internship.
I would like to be thankful to our Course instructor who helped me to
complete this project. I am also much thankful for my respectable
teachers as well because, they provided me opportunity to have such
nice experience.
My period of internship in this organization was about six weeks and
it was a very good experience. I would like to thanks Mr.Muhammad
Jamil(General Manager sports Industry) Sialkot, who helped me a lot
in internship and I gained much more than otherwise I would.
I am also especially thankful to Miss.Abeera Tahir (Office Assistant
and Inventory Operator) for her valuable guidance throughout the
Internship period.
MODESTY SPORTS
Executive Summery
Modesty sports Industry (Pvt) Ltd needs no introduction in Pakistan because of
its famous brands in sports goods and garments. Modesty group is situated in
Sialkot. The Modesty factory is producing the famous brands in sports goods and
garments,
these
may
include
football,basket
ball,rugby
ball,hand
ball,soccer,jokgu,futsal,volley ball.
The departments which I have visited for my internship are main departments of
this setup. This report covers their structure, working, functions, strategies and
connection with other departments for the completion of their day to day
activities. The Modesty group is involved in some other kinds of business but our
focus remains to sports goods as it may exceed our scope otherwise. The
organization holds good name into local market but it is also emerging in the Gulf
market. Their Slogan is seen on different documents as The innovative edge.
They have captured the most of the countries some of them may include
England,Germany,Japan,Korea,France. It is to be note that they are exporting
the goods with the name of their clients.
MODESTY SPORTS
Table of contents:PART ONE:-
10
1.1. Purpose
10
1.2. Scope
11
1.3. Objective
11
12
13
13
14
14
14
14
2.7. Competitors
15
16
3. Organizational structure
17
18
18
19
19
19
19
20
20
21
22
3.2.5 Accounts
24
3.3. IT department
24
24
25
7
MODESTY SPORTS
3.3.3.Sales department
25
PART TWO
4.Training programme
26
27
27
28
28
29
31
4.7. Development
31
32
32
34
35
PART THREE
5. Critical analysis
38
38
40
41
5.3.1. Strengths
41
5.3.2. Weakness
42
5.3.3. Opportunities
42
5.3.4Threats
43
43
44
5. TOWS method
47
50
51
51
54
8. Ansoff matrix
56
8
MODESTY SPORTS
8.1. Market penetration
57
57
57
8.4. Diversifications
57
PART FOUR
9. Conclusion
58
9.1.Recommendation
60
9.2. Suggestions
61
10. References
62
MODESTY SPORTS
PART ONE
1.Report introduction and internee work
In MBA program under University Of Gujrat require six weeks internship in any
recognized organization. The objective is to provide the students an opportunity
to gain experience to work in the environment of that organization.
For this regard, when I had to choose an organization, I visited some companies.
The reason to choose a Company is that, I have a wish to do job in Company.
Among so many companies, I choose MODESTY Industry Limited at malky kalan
road sialkot.
The wonderful building, fully equipped, and have 300 employees. Here I learned
a lot, and gain experience to work in the manufacturing environment. I worked
there in IT Department and Production department. My internship report consists
on introduction of MOdesty Industry Ltd. and its IT System's team.
The success of this effort of course goes to all staff members of the Company
who cooperate with me fully, share insights, and convey me the knowledge
regarding their work. Thanks to all.
1.1. Purpose:
The purpose to do the internship report was to explore the learning of my
practical field. The main purposes are:
10
MODESTY SPORTS
1.2.Scope:
As an internee in Modesty industry the main focus of my study research
was on basic concepts and procedures of running any business. These concepts
include internal and external environment of business. Internally business
activities were related to employees and management staff of Modesty industry.
So this study from the relevant department will help me in my practical and
professional life.
1.3.Objectives:
The object of this report is to know the maximum working of the Modesty
industry which includes:
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MODESTY SPORTS
The Modesty industry limited is a manufacturing entity. It is manufacturing sports
and garments. It is producing football of many kinds and garments as a raw
material for track suit,trouser.
The nature of products of Modesty is consumer durables and interiors. It is a
private limited company.
Starting Year:
1994
Managing Director:
General Manager:
Mr.Muhammad Jamil
IT Manager:
Finance Manager:
Malik Usman
Monthly Production:
Mr.Muhammad Sarwar
Managing Director:
Director:
General Manager:
Mr.Muhammad Jamil
Factory Management:
12
MODESTY SPORTS
(General Manager)
2.3.Product Lines:
The Modesty industry is running the following products:
13
MODESTY SPORTS
Soccer
Handball
Futsal
Volleyball
Rugby
Jokgu
MODESTY SPORTS
b) Export
a) LOCAL:
The local customers are as follows:
Mehmood sports
Al razi sports
Shahid sports
Aslam sports
b) EXPORT:
Export clients are:
Frank (Paris)
Shemsy (germany)
Ogay (Ireland)
Fitnay (England)
Alpas (Germany)
Korea
2.7. Competitors:
Modesty sports is well organized industry in Sialkot.Sialkot is considered as the
exporting city of Pakistan so it can develop many innovative ideas about sport
goods. It has captured most of the market in Pakistan and it is working to go
abroad with its local brands. It has numbers of the brands which are well
recognized in the country. There are many competitors of sport goods in Sialkot
but it maintain its quality to satisfy the customer needs and wants.There are
many competitors in Pakistan of sports goods,some are given below
However we can include the following in our list:
A.D.I Traders
15
MODESTY SPORTS
Awan sports
Azlan sports
Albro industries
Abdullah industry
Absa international
Al hanan international
Abid sports
Modesty
sports
industry
is
SA
8000:2008(Social
accountability
MODESTY SPORTS
Electrical boiler
Gas boiler
Cutting press
Sewing machine
Punching machine
Hand stich
3. Organizational Structure:
There are two structure of organization that is hierarchal and flat structure. The
Modesty industry limited Sialkot has hierarchal structure. It has large number of
departments, each has good force and jobs are allocated to each department
and independent and separately, headed by separate department head. There
are very few cases at Modesty sports Industry Sialkot where two or more
departments are being headed by a single person.
There is a long chain of command, each chain member having one or more subordinates there are large number of level like resident director, general manager,
managers, Assistant managers, staff/supervisor/foreman, and workers. A very
short spans of control each member having.
17
MODESTY SPORTS
General/ Production
Manger
Manager
Accounts
Manager
Costing
Manager
Purchase
Manager
Inventory
Technical
Manager
Assistant
Manager
Assistant
Manager
Assistant
Manager
Assistant
Manager
Assistant
Manager
Assistant
Manager
Assistant
Accounts
Assistant
Costing
Foreman /
Supervisor
Assistant
Purchase
Assistant
Inventory
Assistant
Technical
Workers
MODESTY SPORTS
Cell no: 92.52.3559604,3551881
E mail: modesty@modesty.com.pk
Website:modesty@gjr.paknet.com.pk
3.1.4Marketing Department:
To generate the demand through different tools and to analyze the market trends
and pass all the information to the related departments for the manufacturing of
the final product according to the market demand is the responsibility of the
Marketing department.
19
MODESTY SPORTS
Model Room:
To develop the sample of the goods is the responsibility of the model room. The
customer asks for the sample of its order before bulk supply. It then develops the
sample according to the specification given by the customer for his approval. In
case he needs some modification he then sends back the sample and asks for
that modification. Model room then redevelops the sample according to his
instructions. If the sample is approved it develop the pattern of the materials used
in the sample and sends to the production planning department for the bulk
production.
3.2.1Costing:
To allocate the materials and their quantities to be required for the bulk
production and the cost of each football role is the responsibility of the costing
department. This department receives the number of the sports goods to be
manufactured from the planning department and the material that are required in
the production from model room which is called specification. Form these figures
they come up with the nature and quantity of the materials required for bulk
production.
Then they raise material estimate sheet which includes the material required it
quantity and date when it is required. This estimate is handed over to the
purchase department to purchase that material form the market.
3.2.2.Purchase department:
This department is furthered divided in two sections first is local purchase and
other is foreign purchase.
This department receives estimate sheets from costing department and work on
it. If the items are regular which are being purchased already it simply raise
purchase order to the already settled vendor at settled rate. If there is new thing
to be purchased, it asks the costing department to provide sample along with
demand. Purchase department sends this sample to the relevant supplier and
20
MODESTY SPORTS
asks them to quote prices. Then they negotiate with the suitable supplier on
settlement of the price and other term they raise purchase order to that supplier.
Receiving Room:
All the materials or other things which comes in the factory go to receiving room
first. All the vendors unload their material at receiving room except bulk material
which is unloaded at their relevant stores.
The receiving rooms inspect the material to make insure that the material is
according to documents enclosed which is called delivery challan. It only ensure
the quantity but not quality.
3.2.3.Production Department:
The largest and the far most important department in any factory is always is
production department. This department is divided according to their functions
and they are in alien in such a way that output of the one is the input of the other.
Following are the sub production departments:
The first step in the production process is to issue bladder,chemicals and primary
from the stores, the issued material is sent to machinery controllers and main
production unit where it is made by different kinds of machineries and convert to
football,basket ball,rugby ball etc.This process contains rubber sheet which is
printed by different dyes and design.Then these sheets should provide a shape
21
MODESTY SPORTS
whick is used to made goods like football.After making raw material for good,
these football goes to sewing
MODESTY SPORTS
Security:
The security department is responsible to keep the law and order inside the
factory.
This department is being run by the professional security guards in a much
arranged manners. The security staff is appointed at gates and other important
places inside the factory. There are also Hidden security cameras fixed in
different locations of the factory, which cover all the activities and views inside the
factory and these are monitored by the authorities in their offices.
3.2.5.Accounts:
One manger along with the assistant manger is leading the accounts department.
This department is dealing with salaries issues. This department performs the
activities, which includes wages and salaries, provident fund, budgets, bill
23
MODESTY SPORTS
verification, payments to suppliers, accounts management, pensions, loans and
different expenditures.
3.3.IT Department:
IT department is responsible to manage all the activities relating to computer
systems and database. This department works as the system support
department for all the other departments so that they can perform their activities
in a better way.
They generate different reports in database on the requests of employees from
different departments. This department holds the strength of nine employees
which includes three programmers, three assistants and two hardware
supervisors and one manger.
Laboratory:
There is a huge laboratory at MODESTY SPORTS being headed by the chief
technical manager and there are number of qualified technician are sporting him.
The laboratory inspects the incoming material which required lab test that
chemical and recording to their specification.
They also undertake any other test recommended by the quality department to
check the material they also investigate the material during the process of
production to know any effect of process on the sports goods during
manufacturing.
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MODESTY SPORTS
3.3.2.Drawing Office:
Drawing office or department is responsible for the design of the footballs
required or demanded by the client. It checks the feasibilities and possibilities of
any of the design, which can be drawn on goods and garments.
This department also suggests the material and machinery for the design
required.
3.3.3.Sales Department:
As a sale department is situated at Modesty sports Display so this reports
includes only those findings which were collected from different employees at
Modesty factory. The sales department is headed by the country sales manager,
who is answer able to the chief operating officer.
Organizational
Management
Analysis
is
an essential
element
of
MODESTY SPORTS
have a view to divide some of the authorities to subordinates to make them
confident and to get good results.
PART TWO
4. TRAINING PROGRAM:
a- Plan of Internship program:
Plan of internship program is given below in tabular form:
Sr. No.
Starting Date
Ending Date
Name of
Duration
15/7/2013
20/08/2013
Department
finance
(In days)
38
26
MODESTY SPORTS
The experience has taught me responsibility, teamwork and how to handle
problems occurring. Even though the nature of work was quite basic as an
internee, nevertheless I got to see what practical life is.
This internship overall has been a great experience. This report gives a profile
of Modesty sports and garments Industry and an insight into the IT department
where I was assigned to work.
This report also reflects my learning and experiences at Modesty along with
my responsibilities and the tasks that I performed. Last part of the report consists
of some recommendations and suggestions that I have given.
MODESTY SPORTS
4.3. Structure of the MIS/IT department:
Short for Management Information System and pronounced as separate letters,
MIS refers broadly to a computer-based system that provides managers with the
tools for organizing, evaluating and efficiently running their departments. In order
to provide past, present and prediction information, an MIS can include software
that helps in decision making, data resources such as databases, the hardware
resources of a system, decision support systems, people management and
project management applications, and any computerized processes that enable
the department to run efficiently.
Within companies and large organizations, the department responsible for
computer systems is sometimes called the MIS department. Other names for
MIS include IS (Information Services) and IT (Information Technology).
IT
Manager
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MODESTY SPORTS
Programme
rs
Programme
rs
Programme
rs
Assistant
Assistant
Assistant
Hardware
supervisors
Hardware
supervisors
b. Number of employee:
The IT department has nine employees, responsible for different duties assigned
to them which include three programmers, three assistants and two hardware
supervisors and one manger named as Mr.Haroon ul Islam..
29
MODESTY SPORTS
Keep
abreast
of
new
developments
and
trends
and
make
MODESTY SPORTS
These services encompass personal computers, networks, printers, servers, and
more. The IT Department is an innovator in the field of information technology
management, using a combination of management solutions that maximize
effectiveness and minimize cost. The IT Department also consults with other
departments to analyze and select proper IT solutions for specific applications,
provides internet access, computer training and support, and mobile computing
solutions for other departments.
4.7Development:
Provides design, development, implementation services and continued support of
special data, and databases
Web Development:
The IT Department designs, develops, implements and maintains the Modesty's
Key website.
Information technology changes rapidly and new systems and technology are
continually being implemented and installed. The IT Department strives to
translate this technology into higher productivity for departments, and higher
quality output for reduced costs of operations.
MODESTY SPORTS
2. B. Structure of Tufted Department:
Modesty sports is the manufacturer of sports goods in Pakistan and many other
countries. It has the widest range of machinery to manufacture most of the
products liked by the customers worldwide The group is manufacturing in sports
goods and garments like track suit,trousers,jackets,footballs,basket balls,rugby
ball,hand ball,soccer.
a. Department Hierarchy:
Manager
Foreman
Assistant
Day
Assistant
Night
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MODESTY SPORTS
Technician
Worker
Technician
Worker
b. Number of employee:
In tufted department more than 100 employees working here. This department is
directly under the control and management of general manager. Mr. Muhammad
Jamil is the incharge of this department as a foreman, under his there are two
assistants with two technicians and five workers. These assistants do their job in
different timings but both have to answer Mr.Muhammad Jamil.
MODESTY SPORTS
custom design is simple Cromojet design professionals can guide you through an
un complicated process in which you'll work with a state-of-the-art Cromojet
design computer system to create and visualize your design
a. Department Hierarchy:
Manager
Assistant
Technician
Assistant
Worker
Technician
Worker
b. Number of employee:
In cromojet department 50 employees are working here. Mr. Muhammad Boota
Tahir is the manager of this department as a foreman, under his there are two
assistants with two technicians and seven workers. This department does their
task with the coordination of Laboratory workers and expertise.
MODESTY SPORTS
this output to cromojet department which process on it to convert it into final
goods. Cromojet department is responsible to make the cutting of rubber
sheets,stiching of footballs and garments designed. It is the main responsibility of
the department to design the sports goods and garments as according to the
demand. Expertise from the laboratory is consistently with coordination of this
department because of the color mixing and designs.
a. Department Hierarchy:
Foreman
Assistant
Day
Chemist
Worker
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MODESTY SPORTS
b. Number of employee:
In back coating department 40 employees are working here. Mr. AMJAD is the
incharge of this department as a foreman, under his there is one assistant with
one chemist and ten workers.
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MODESTY SPORTS
a. Hardware and software requirements:
To continue the production process in a very mannered and symmetric way, we
can use the computer base technology.
Hardware Requirements of the system is not much as it needs maximum of 256
MB of ram with around 1GB of free disk space, having a 32 bit Processor.
b. System design:
The design of the system must not be complex, so that further editing in it can be
easily done. The software must be flexible for other technical development.
Software Requirements
For the development of the proposed system we need visual basic 6.0 or
VB.NET and MS Access or Oracle for development and database. Visual basic is
easy to use and oracle gives high flexibility and security to the database.
d. Evaluation process:
The purpose of the feasibility is to examine how the original system compares
with the new one. This report will also help to conclude whether it is necessary to
computerize or improve the present system.
PART THREE
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MODESTY SPORTS
5.1. Critical analysis:
a. Comparison and evaluation of current strategies with mission
and vision statement.
Our vision statement is our inspiration, the framework for all your strategic
planning.
The vision statement answers the question, Where do we want to go?
Whereas, a mission statement is a brief description of a company's fundamental
purpose. A mission statement answers the question, "Why do we exist?"
Our Vision:
To ensure the future of the company and the employees through customer
satisfaction by producing quality sports goods, providing a reliable, durable and
affordable goods for operating the organization safely, efficiently, and profitably
through continuous improvement.
Mission Statement:
Our mission is to provide high product quality. Understanding our customers
requirements and delivering it continuously. Encourage innovation/creativity to
expand and continually improve utilizing quality practices for the production of
goods industry, both in the domestic and international markets.
Current Strategies:
Strategy is the field that deals with the major intended and emergent initiatives
taken by general managers on behalf of owners, involving utilization of
resources, to enhance the performance of company in their external
environments. It entails specifying the organization's mission, vision and
objectives, developing policies and plans, often in terms of projects and
programs, which are designed to achieve these objectives, and then allocating
resources to implement the policies and plans, projects and programs. A
balanced scorecard is often used to evaluate the overall performance of the
business and its progress towards objectives.
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MODESTY SPORTS
Modesty Sialkot is committing its mission and vision in the sense of quality. No
doubt there is no compromise in goods quality. Modesty Sialkot is doing
successful efforts to gain its objectives, to continue its mission and to broad its
vision.
They are committing their clear view regarding quality product. They are
providing durable, reliable and affordable quality product as according to the
demand of their customers. They are satisfying the customers by fulfilling their
desired design, color, size and quality. On time product delivery is a plus point for
in local as well in international market. Modesty is industry doing their best to
utilize the sources in a best way to accomplish their goals.
According to their strategy regarding design is also very consistent. As their
mission is "To encourage the innovation" So I found them to following strictly this
point. They are doing new experiences to broad the concept of goods design.
There is a point in vision statement, "To ensure the future of the company & the
employees through customer's satisfaction" But I found that company is doing
very well and countless efforts to ensure the company's future.
MODESTY SPORTS
leading, controlling, costing, accounting producing and storing. In planning all the
strategies and long term projects are designed by the higher management,
operational or middle managers are responsible to conduct the plans and lower
level management have to complete the assigned task.
Besides it all other departments are performing their functions very well due to
qualified and skilled staff. We have studied the concepts just by words, but in real
life I experienced "The dreams come true" how the book references and
theoretical concepts are being really met to the current business conditions. In
MIS department I observed the project manager performing their tasks in very
efficient manners.
In production department there is a large amount of work, factory machines didn't
stop even after a week. They work 24 hours properly while during production
process.
As we studied different procedure of production process and costing, delivering,
storing, issuance and so many other issues of a manufacturing concern. I found
Modesty very close to that theoretical concept. Each and every calculation,
operation and different strategies are very close to facts and accuracy. Costing
department use so many formulas and spread sheets to calculate sensitive
amounts, store acquires and issue material as according to the rules mentioned.
Production department do its job success fully. Although there is always a need
to improve, and to flourish the business in a better way, but the Modesty Industry
is conducting the best policies and strategies to accomplish the production task.
Some of the departments are lacked by the most important facilities, departments
like MIS/IT have very low facilitation to do their job on computerized manners.
MODESTY SPORTS
and external factors that are favorable and unfavorable to achieve that objective.
The technique is credited to Albert Humphrey. In order to take the in depth
view of Modesty Industry we must do a SWOT Analysis.
5.3.1. Strengths:
Modesty sports goods Industry is well known and established manufacturing
entity recognized by its quality products with a large variety. By reviewing their
strengths, I analyze their "Product" as the biggest power they have with
"Leading sports" on a "Large Scale of Production" controlled by "Strong
Management", "Expertise", "Qualified Staff".
Modesty as a "Customer based" organization has a "Strong Market Position"
with a number of "Sales Channels" not only in Pakistan but also on international
level.
Modesty is a "Fasting Growing" organization with "Sound Financial
Resources", "Technological Skills" and a key factor known as "Customer's
Loyalty".
5.3.2. Weaknesses:
Weaknesses are those internal elements which cause to a deficiency in all kinds
of operations including production, planning, organizing, working and running of a
business.
All the organizations must have the weakness with the internal strength of the
organization, sometimes it happens that a factor which is considered to be
strength may also falls in the category of a weakness. Like wise in Vision, I found
its "financial resources", "staff" and "market position" as a weakness with the
entity of strength. Because there is always a possibility to decrease in financial
resources which may results in inconsistent market position. Modesty have not
arranged "training programs for the employees" to create an awareness about
the latest trends, business rules, current policies so it is also an internal
weakness of the Modesty to "loose the key staff", who have a strong hold or
grip on the organization in all departments.
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MODESTY SPORTS
5.3.3. Opportunities:
The term opportunity is usually used to have a chance to get a benefit for the
organization from external environment. Opportunities bring the positive change
which are the most beneficial and valued for the firm.
Modesty also have the external opportunities to avail for their betterment and fast
growth. They have the opportunity to "expand" their business by availing the
"funds" from the different financial institutes, by "acquiring" the other firms and
by having the "vendors" who are willing to invest their capital. The greatest
opportunity for the firm is to "sale" out its own product through "new distribution
channels" with "low personal taxes". As it is stronger and established name in
the production of sports goods, it is also an external opportunity for the business
that it's "competitors have low power to compete".
5.3.4. Threats:
External threats make a firm weak in decision making process. It is most risky to
make decision in uncertain and threatening environment. Threats are most
harmful for business even sometimes firms came to shut down conditions due to
these threats.
Modesty industry is also facing so many external threats. In Pakistan it is much
harder to establish a strong business entity in such a "fluctuating economy".
Inconsistent economy makes the market so risky for investment so it is also a
hard task to avail "external source of finance".
"Negative cash flow" is also a threat for the business which results in low
amount of liquid assets. "New technologies" with day to day changes are not
easy to acquire and implement. As today the world is so fast and more
competitive so the threat of "more competition" is also faced by the Modesty
and this completion can make the volume of sales lower and "low sales volume"
means "low profit".
Political instability results in new "governmental regulations and policies" in
trade are also threatening. It can also provide a possibility to "close a
geographic market". The most biggest and recent threat is "power supply". A
42
MODESTY SPORTS
manufacturing firm which has a number of machinery and plants can be badly
affected by this threat.
Weight
3%
2%
7%
5%
4%
6%
5%
7%
5%
8%
2%
4%
8%
Rating
3
3
3
3
3
4
3
4
4
4
3
4
4
Weighted Score
0.09
0.06
0.21
0.15
0.12
0.24
0.15
0.28
0.2
0.32
0.06
0.16
0.32
2%
5%
2%
7%
4%
3%
5%
1
1
2
2
2
1
2
0.02
0.05
0.04
0.14
0.08
0.03
0.1
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MODESTY SPORTS
8. Training of Staff
6%
2
0.12
Major Weakness (1), Minor Weakness (2), Minor Strength (3), Major Strength (4)
Total Weighted Score
100%
2.94
Weights are Industry based, and Ratings are Company based.
In IFE Matrix average score is 2.5, so if total weighted scores will below average
point then it will show the company is weak internally. But here weighted points
are more than average point so it is showing that company is internally strong.
*Note:
When a key internal factor is both strength and a weakness, then it must
include twice in the IFE Matrix. The same factor is treated as two independent
factors in this case. It has to assign weight and also rating to both factors.
Weight
Rating
Weighted Score
44
MODESTY SPORTS
1. Strategic Alliances
3%
3
0.09
2. Funding
5%
4
0.2
3. Sales Product
6%
4
0.24
4. Acquisition
4%
3
0.12
5. Lower Personal Taxes
6%
4
0.24
6. New Distribution Channels
3%
3
0.09
7. Market Poised for Growth
2%
3
0.06
8. Competition Weaknesses
7%
4
0.28
9. Vendors
3%
4
0.12
10. Expansion
6%
4
0.24
External Threats
1. Economy
6%
2
0.12
2. Lose of key staff
2%
1
0.02
3. Lack of financial resources
3%
2
0.06
4. Cash Flow
3%
2
0.06
5. New Technology
4%
2
0.08
6. Increased Competition
4%
1
0.04
7. New Government Regulation
5%
1
0.05
8. Decreasing Profit
2%
2
0.04
9. Failing sales
2%
2
0.04
10. Closing of Geographic Market
4%
2
0.08
11. Tax Increases
9%
1
0.09
12. Power supply
11%
1
0.11
Major Threats (1), Minor Threats (2), Minor Opportunities (3), Major Opportunities (4)
Total Weighted Score
100%
2.47
Weights are Industry based, and Ratings are Company based.
In EFE Matrix average score is 2.5, so if total weighted scores will below average
point then it will show the company has external threats. But here weighted
points are more than average point so it is showing that company has external
opportunities more than threats.
MODESTY SPORTS
The concept of determining strengths, weaknesses, threats, and opportunities is
the fundamental idea behind the SWOT model. To present the model in a more
understandable way, scholars came up with so-called SWOT matrix. SWOT
matrix is only a graphical representation of the SWOT framework.
MODESTY SPORTS
Capitalize on our opportunities?
Manage our threats?
External Threats
1. Expansion
1. Power supply
2. Vendors
2. Tax Increases
3. Competition
3. Closing of Geographic
Weaknesses
Market
4. Decreasing Profit
Growth
5. Failing sales
5. New Distribution
6. New Government
Channels
Regulation
7. Increased
7. Acquisition
Competition
8. Sales Product
8. New Technology
9. Funding
9. Cash Flow
Internal Strengths
1. Staff
strengths to maximize
strengths to minimize
2. Customer base
opportunities.
threats.
3. Market Position
1. Through Financial
4. Financial Sources
5. Sales Channels
6. Product
2. New distribution
7. Growing
threats. (S4,S9,T1,T9)
8. Expertise with
2. Through Sales
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MODESTY SPORTS
Authentication
grow. (S7,O5,O7)
Channels it is possible to
9. Technological skills
Geographic Market.
competition tougher.
(S5,T3)
(S12,S10,O3)
13. Management
4. Product is strength
Decrease in Profit.
(S6,O8)
(S12,T4)
4. Strong Market
Lack of financial
resources. (S3,T10)
5. Expertise with
Authentication and Good
Management can stop
Losing of key staff.
(S8,S13,T11)
6. Quality Product can
make Competition
tough. (S6,T7)
Internal Weaknesses
1. Staff
minimize weaknesses by
minimize weaknesses
2. Financial Resources
taking advantage of
3. Market Position
opportunities.
5. Low customer
unstable Economy
Retention
(W2,O9)
(W3,T12)
6. Customer
2. Through Expansion of
Dissatisfaction with
Design
MODESTY SPORTS
7. Dependence on central
can be eliminate.
Server
(W4,O1)
8. Training of staff
3. Market Position is
helpful to avail Market
Poised for Growth.
(W3,O4)
4. To Sale the Product on
a large scale can be
cause to decrease the
weakness of Low
customer Retention.
(W5,O8)
MODESTY SPORTS
show that firm strategy is doing well to support this critical success factors and
lower rating means firm strategy is lacking to support the factor.
Rating in CPM represents the response of firm toward the critical success
factors. Highest the rating better the response of the firm towards the critical
success factor, rating range from 1.0 to 4.0 and can be applied to any factor.
Modesty
Awan sports
Ali trading
sports goods
Weigh Ratin Weight
Ratin
Weight
Ratin
Weight
ts
ed
ed
Scores
0.06
ed
Scores
0.09
Advertising
3%
Scores
0.09
Product Quality
15%
0.60
0.45
0.45
Price
8%
0.16
0.16
0.16
Competitivenes
10%
0.30
0.20
0.20
15%
0.60
0.45
0.45
Management
10%
0.30
0.20
0.20
Financial
18%
0.54
0.36
0.36
Position
15%
0.45
0.45
0.30
Customer
6%
0.12
0.12
0.12
Loyalty
Total
100%
3.16
2.48
2.30
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MODESTY SPORTS
7. BCG Growth-Share Matrix
The BCG Growth-Share Matrix is a portfolio planning
model developed by Bruce Henderson of the Boston
Consulting Group in the early 1970's. It is based on the
observation that a company's business units can be
classified into four categories based on combinations of
market growth and market share relative to the largest
competitor, hence the name "growth-share". Market
growth serves as a proxy for industry attractiveness, and relative market share
serves as a proxy for competitive advantage. The growth-share matrix thus maps
the business unit positions within these two important determinants of
profitability.
Since, year 2012 has been closed and all financial data have
been consolidated.
Following is the information about the 4 Divisions and I categorize and identify
each Division into BCG Matrix
Division
Revenues
%Reven
Profits
% Profits
ue
Market
Growth
Share
Rate
Rs.
1
300000
70
39000
60
0.80
12.3
10000
23
16400
25
0.65
9.6
2110
7600
12
0.27
-6.2
890
160
0.11
-17.5
Total
BCG Matrix of Modesty Industry Sialkot:
51
(Percentage)
MODESTY SPORTS
52
MODESTY SPORTS
High
Medium
Low
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MODESTY SPORTS
almost monopoly in the market so; there is no threat of competition. There are
more chances of betterment and higher profit.
Growth rate is 12.3 and relative market share is 0.8
SBU # 1: The SBU has acquired the highest market share and growth rate but to
maintain the position is a difficult task because there is a lot of competition. So
the company should remain no stone unturned to maintain the position as it is in
the best interest of the business.
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MODESTY SPORTS
they don't get a good deal from us. On the other hand, if no-one else can
do what we do, then we can often have tremendous strength.
4) Threat of Substitution: This is affected by the ability of our customers
to find a different way of doing what we do for example, if we supply a
unique software product that automates an important process, people may
substitute by doing the process manually or by outsourcing it. If
substitution is easy and substitution is viable, then this weakens our
power.
5) Threat of New Entry: Power is also affected by the ability of people to
enter our market. If it costs little in time or money to enter our market and
compete effectively, if there are few economies of scale in place, or if we
have little protection for our key technologies, then new competitors can
quickly enter our market and weaken our position. If we have strong and
durable barriers to entry, then we can preserve a favorable position and
take fair advantage of it.
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MODESTY SPORTS
8. Ansoff Growth Matrix:
The Ansoff Growth matrix is a tool that helps
businesses decides their product and market growth
strategy.
Ansoff
product/market
growth
matrix
a. Market penetration:
Market penetration is the name given to a growth strategy where the business
focuses on selling existing products into existing markets.
Market penetration seeks to achieve four main objectives:
1) Maintain or increase the market share of current products
2) Secure dominance of growth markets
3) Restructure a mature market by driving out competitors
4) Increase usage by existing customers
b. Market development:
Market development is the name given to a growth strategy where the business
seeks to sell its existing products into new markets.
There are many possible ways of approaching this strategy, including:
1) New geographical markets
2) New product dimensions or packaging
3) New distribution channels
4) Different pricing policies to attract different customers or create new
market segments.
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MODESTY SPORTS
c. Product development:
Product development is the name given to a growth strategy where a business
aims to introduce new products into existing markets. This strategy may require
the development of new competencies and requires the business to develop
modified products which can appeal to existing markets.
d. Diversification:
Diversification is the name given to the growth strategy where a business
markets new products in new markets.
PART FOUR
9. Conclusion:
In the light of organizational analysis, during my internship I concluded the
organization doing their best. They are following their mission, vision statement,
objectives and goals. They are not only making the profit and securing the future
of the company but they are also participating in the foreign earnings.
They are providing best quality product and with good reputation in the market
they can compete their competitors. The quality should not be compromised at
any cost and payment system to the vendor should be as per agreed means
there must be no delay in the payment to the vendors. They have long term
future plans. The manager of Modesty is very hardworking, they are not only
making their present secure but also doing efforts to bright up their future.
Modesty have strong chain of command on all over the firm's operations
coordination of all departments results in splendid products. Working of all
departments is appreciable on individual levels. Groups and peers make their
work easier by creating a healthy environment. The higher management is quite
satisfied with this but there is always need to improve. Some of the workers on
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MODESTY SPORTS
lower level are not much qualified but they are skilled and attached with Modesty.
They know the tools and techniques of their work; they are like expertise in their
relevant fields. It was also observed that distribution of work load was no proper.
Some employees are not satisfied and they found complains regarding the
access of work while some are very relaxing and saying they have not much to
do.
Modesty have a large scale of production which fulfills the demand of their
customers at the right time and proper delivery which generate the Good will for
the company. They are providing employment to a number of people.
In respect of MIS department, I found that there is much limited number of
persons doing work over there, who have no wide knowledge about information
system. MIS provides the IT services to all the departments.
It is very appreciable for the management team of the branch that they gave their
precious time to me and teach me in best possible way. It is difficult to do both
works at the same time, to do their routine work, and to guide me. But they all did
it very well
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MODESTY SPORTS
9.1. Recommendations:
Modesty Industry Limited has best quality in the sports goods and garments in
market.
Following are the recommendations keeping in view the critical and SWOT
analyses of the organization.
1. Modesty Company
MODESTY SPORTS
7. There must be performance based reward system. Salary and rewards
must be on performance base.
8. There must be permanent job for employees, because it creates loyalty
and sense of belongingness in employees. This thing can't possible in
contract base job.
9. There must be some recreating activities for employees for refreshment.
10. The top management should bring changes in the system of all the
branches.
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MODESTY SPORTS
10.REFERENCE:
Michelet, W. (2007). Terrain de lute Womens Football and Feminism inLes
annes folles. French Cultural Studies, 18(3), 259276.
Stevenson, T. B., & Alaug, A.-K. (1997). Football in Yemen Rituals of
Resistance, Integration and Identity. International Review for the Sociology of
Sport, 32(3), 251265.
Toffoletti, K. (2012). Iranian Womens Sports Fandom: Gender, Resistance, and
Identity in the Football Movie Offside.
Elendu, I. C. (2012). Nigerias Debased Values System at the Modern Era:
Implications for Sports Development. Journal of Education and Practice, 3(3),
4853.
Parry, J. (2008). 3. Ethics in youth sport in the UK. The example of the Football
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MODESTY SPORTS
Association ethics strategy group. In Ethic and sport. Youth and manager-Etica e
sport. Giovani e manager. Proceedings of the XVI Congress of Panathlon
International (Antwerp, 22-24 November 2007) (p. 40). Retrieved from
62