Operations Management Project Synopsis - 1941 Words

TEMPLATE FOR PROJECT SYNOPSIS (The project Synopsis should be of 1000 words and should be less than 5 pages) Name: Roll Number: OPERATIONS Specialization: Contact Number: E Mail: TITLE OF THE PROJECT: A PROJECT REPORT ON STEEL INDUSTRY OF TATA IRON AND STEEL COMPANY NAME AND DESIGNATION OF THE ORGANIZATION GUIDE: VINAYAK PHANSE, AUDIT MANAGER, TATA PROJECTS NAME AND DESIGNATION OF THE ACADEMIC GUIDE: VINAYAK PHANSE, AUDIT MANAGER, TATA PROJECTS 1. INTRODUCTION: The Indian steel industry is more than 100 years old now. The first steel ingot was rolled on16th February 1912 - a momentous day in the history of industrial India. Steel is crucial tothe development of any modern economy and is considered to be the backbone of the†¦show more content†¦This phase,among other things, saw the installation of two 130 tone LD converters, two 250 tons a dayoxygen plants, a bar forging machine, two vertical twin-shaft lime kilns and a tar-dolo brickplant. Significantly, a six-strand billet caster and a 130-tone vacuum arc refining unit wereinstalled, that too in the integrated steel plant. 2.2 COMPANY PROFILE In the 1920s and 1930s, when it was still called Tata Iron and Steel Company, TISCOs largely tribal workers fought pitched battles with the European or Parsi management. Work conditions and the right to organize were important rallying issues, and over the years, the company developed a reputation for union-busting, often by violent means.The value of Dorabji’s Expansion Programme came to be appreciated only during the phase when world was reeling under the pressure of the Great Depression. The Tatas survived the depression and supplied nearly  ¾ of the country’s steel requirements. By the Second World War, Tatas’ production capacities had expanded enough to make their prices lower than those of steel produced in England raising them to an authoritarian position. By the 1980s, the government was clearly in control of what had come to be called the commanding heights of economy. More than 45% of output in organized industry came from the public sector as well as bank and other long-lending institution. In 1981-82, eight of the largest firms in India were in the public sector, as were 24 out of the top 30 inShow MoreRelatedLateral Structures, Organic Systems, And Professional Organizations890 Words   |  4 Pages â€Æ' Table of Contents Introduction 2 Synopsis of lateral structural arrangements and utilization of lateral relationships as legitimate avenues of information for organizations. 3 Different lateral structural arrangements used within organizations that exclude project teams, matrix structures, organic systems, and professional organizations. 4 Formal and Informal Meetings 4 Committees 5 Coordinating Roles 5 Task Forces 6 Self-Managing Teams 6 Network Structures 7 Adhocracy Structure 7 Cross FunctionalRead MoreCase Study of Jones1206 Words   |  5 Pagesdue date. However, be sure to save your updates each time you enter the Checkpoint tab. Be sure to submit your answers when you are finished. Case Study Questions: 1. Provide a synopsis of the Jones and Shephard case. 2. 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Choose One Sector of the Industry That Has Experienced...

Choose one sector of the industry that has experienced rapid growth over the past decade. Discuss with examples what you consider to be the major reasons for this growth and how it has affected the industry. Over the last decade there have been significant changes in the travel and tourism industry. The cruise industry is an exciting modern and rapidly expanding global industry. During the current decade, it has continued to expand its capacity and develop new cruising opportunities for vacationers, now offering their customers a wider variety of packages at different lengths and price ranges. This has helped them to expand their market in the cruising areas such as the Caribbean, Europe and North America. There are three main†¦show more content†¦2006. Pg – 417) These stripe cards can be used to pay for anything on the ship, and they work as a pre purchased, credit card. This innovation not only makes the life of the passengers but also places a potential increase in the profits made by the cruise companies, as passengers will always have a option of payment accessible to them. Branding is another critical aspect of the cruise industry when it comes to reaching and expanding on market segmentation and â€Å"as the cruise market grows, the need for branding will become even more notable.† (Dowling, K. 2006. Pg-3) Cartwright amp; Baird suggested that, â€Å"Brand names are very important as they often carry with them considerable customer loyalty perceptions. Even when a cruise company acquires another company, they will often keep the name and ambience of the acquired company in order to retain the company base.† (Cartwright, R. amp; Baird, C. 1999. Pg – 73) Example: One of the biggest changes in the cruise industry is the number of families going on cruises. In the past, it was rare to see children on cruises. It is for that reason that cruise lines have had to adapt their packages to include younger children; one of the best examples of this is the Disney Cruise line. Disney offers many facilities and entertainment programs to their customers. On a Disney cruise you can experience many types of entertainment programs suchShow MoreRelatedLiterature Review of Training and Development of Marcantile Bank Bangladesh 5 Article14514 Words   |  59 PagesStamford University Bangladesh Sub: Submission of a Thesis Report. Sir, With due respect, it is to inform you that the thesis paper is focused on the subject of â€Å"Recruitment Selection of Human Resources: A Study on Urmi Garments Ltd.† is presented for your kind appraisal. I was assigned to Urmi Garments Ltd. by the Assistant Manager of Urmi Garments Ltd. and was approved by you as my thesis during 45 days internship program. 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Counseling Leadership Development-Free-Samples-Myassignmenthelp.com

Question: Choose four areas in Leadership for your self-analysis and justify your choice. Answer: Self-awareness is the key to leadership and most of the great leaders in the world are aware of their limitations and strong suits. This helps them to manage their organization in a better way and at the same time provides direction to the organization. According to me there are four key aspects of leadership which are instrumental in transforming an organization toward success. Organizational engagement and wellbeing of the organization is the first key aspect which help a leader to maintain high performance in the organization (Harrichand, Kimball Kirk, 2016). The internal development of an organization is very factor and a leader should possess the ability to bring growth in the people working in the organization and keep the employees engaged in activities. The employees in an organization wants to grow both professionally and personally through different measures such as coaching and training. It is the duty of the leader to promote such opportunities for overall development of the internal environment of the organization. The next important aspect is goal setting and productivity of the organization. The leadership should be aware of the short term and the immediate goals of the organization as it helps the organization to reach their long-term goals (Kirtman Fullan, 2016). Leadership should be clear about the organization goals and should convey the message to all the employees so that they can set their goals in accordance to the goals of the organization. The next important aspect is innovation through creative thinking and incessant improvement. Leaders should be creative and should be able to find new ways to reduce the operation cost of the organization (Johnston Marshall, 2016). The leaders should use innovation to ensure that the organization is making continuous improvement in the operation business model. The final key area is the overall process of operation and there should be continuous development in the operation of the company. Leader will have to make sure that the internal protocols and the processes are used in an effective way. The employees should be aware of all the organizational polices so that they are able to make execute the various processes in a more efficient manner (Northouse, 2015). The communication of the organization has to be two ways so that it all the employees are aware of the deadlines and the details of the tasks. Leader should create a process suitable for the organization and keep on improving it by making continuous monitoring. References Harrichand, J. J. S., Kimball, P., Kirk, K. (2016). Counseling Leadership Development: A Qualitative Meta-analysis and Theoretical Model. Johnston, M. W., Marshall, G. W. (2016).Sales force management: Leadership, innovation, technology. Routledge. Kirtman, L., Fullan, M. (2016).Key competencies for whole-system change. Bloomington, IN: Solution Tree Press. Northouse, P. G. (2015).Leadership: Theory and practice. Sage publications.