Management Principles
MANAGEMENT PRINICPLES
Prepared By:
Moeed Hussain
Danial Ghulam Mohiuddin
Vijay Wadwani
Saad Ashraf
Abrar Ahmed Khan
MANAGEMENT PRINICPLES
Submitted To
Sir Fahad Zuberi
1980
The 1980s saw the establishment of the companys Factory Complex
1981
With the launch of iodized salt, NFL was no Longer just a spice company.
1990
The company experienced rapid diversification, with the launch of new products such as pickles
2000
Since 2000 till present-Expanded globally by launching its mainstream products in Australia
MANAGEMENT PRINICPLES
1970
To be a Rs.50 billion food company by the year 2020 in the convenience
food segment by launching products and services in the domestic and
international markets that enhance lifestyle and create value for our
customers through management excellence at all levels.
MANAGEMENT PRINICPLES
VISION STATEMENT
National foods must serve customer needs and serve them with quality
products at affordable prices at their doorsteps.
MANAGEMENT PRINICPLES
MISSION STATEMENT
Objectives
To deliver consistent quality to our
customers using pure ingredients,
authentic recipes and the best available
technology.
Dedicated to continuous improvement
through active alliances with international
companies to expand technological and
product horizons.
To maintain close and direct contact with
our customers through consumer insights
and dedicated service
To provide external and internal customer
service by excelling in Functional
Management
To promote professionalism at all levels
through education, training and
development, for all human resources.
To deliver annually a fair return to our
valued investors and shareholders in line
with industry and economy.
MANAGEMENT PRINICPLES
Goals
PLAIN SPICES
RECIPES RONAQ
KETCHUPS
SALTS
CURRY PASTE
SNACKS
PICKLES
JAMS
DESERTS
BASMATI RICE
SAUCES
VINEGARS
MANAGEMENT PRINICPLES
PRODUCTS
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ORGANIZATIONAL STRUCTURE
It is a common belief that the first line managers should have a say in
decision making, as they are closer to action
MANAGEMENT PRINICPLES
Decentralization
Employee Empowerment: Managers are able to make their own
decisions and are held accountable thence
CORPORATE CULTURE
It has a very open and visible culture.
It is a strong culture and has a lot of influence on its employees.
The managers here are open to suggestions from their employees and this
is encouraged
MANAGEMENT PRINICPLES
DESCRIPTION
Passion
2.
People-Centric
3.
Customer Focus
Leadership
Teamwork
Ethics
Excellence in Execution
4.
Accountability
MANAGEMENT PRINICPLES
1.
CORE VALUES
PEST- C ANALYSIS
MANAGEMENT PRINICPLES
Political/Economic Conditions
Political unrest in the country and ill economic
conditions
STRATEGIC MANAGEMENT
CORPORATE STRATEGIES
MANAGEMENT PRINICPLES
Growth strategy
Targeting every product segments market
MANAGEMENT PRINICPLES
STARS
Fruitily
MANAGEMENT PRINICPLES
Companys reputation
Customers trust
Operating in middle-eastern and Indian markets
MANAGEMENT PRINICPLES
-Adult Literacy
Urdu and Math
- Baby Food
Research is been conducted at Surjani town with the help of NAO NGO
MANAGEMENT PRINICPLES
S.W.O.T
- Diversification of products
- Strong national and international relationship
- Rs.3 Billion plus turnover
- Among 10 best Human Resource Managed companies in
Pakistan.
WEAKNESSES
- Poor internal control and monitoring when performing audit
- High employees turnover.
- Does not have a strong advertising campaign like Mitchells.
MANAGEMENT PRINICPLES
STRENGTH
Threats
i. - High oil price.
ii. - Growing global and regional competition.
iii. - Tax policies are fluctuating.
iv. - Mitchel has a strong advertising
MANAGEMENT PRINICPLES
Opportunities
HUMAN RESOURCE
MANAGEMENT
Employee Appraisal
MANAGEMENT PRINICPLES
MANAGEMENT PRINICPLES
MANAGEMENT PRINICPLES
Employee Loyalty
- An employee engagement survey was conducted in
January 2010.
- The results of the ENGAGE-HR survey showed that 76% of
the employees at NFL are completely engaged.
- 83% believe in the excellent utilization of their abilities
adjacent to 79% of the benchmark companies
- 97% of the workforce exhibit respect and support to their
managers
- 80% of the employees realized the need of helping and
building each other at NFL.
MANAGEMENT PRINICPLES
CONCLUSION