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A Project Report on Marketing Of

Jindal Steel & Power Limited Submitted to
The Indian Institute of Planning & Management Submitted by:Bishnu Shankar Singh Batch-SRPM-E-T3 Session: SS-211-13(ISBE-E) Mob: 9007513568
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Acknowledgement

Apart from my efforts, the success of this project depends largely on the encouragement and guidance of many others. I take this opportunity to express my gratitude to the people without whom this project would not have been a success. I wish to express my gratitude towards Mr. Praveen Kumar, GM (HR Group), Mr.Kaushik Basu, Sr.DGM (Marketing) / Regional Manager, Mr Pradip Jaiswal, Deputy Manager (Marketing) and Mr Prabhav Singh, Asst.Manager (Marketing) for providing me with an opportunity to pursue an internship at JSPL. I would like to acknowledge the efforts and support of all employee of Kolkata office (Marketing) for her guidance and support as my guide at JSPL. He was extremely cooperative and willing to share his valuable experiences with me and helping me understand the Marketing at JSPL. I am obliged to the managers who head the Stockyards (EAST, Kolkata) departments for their cooperation during the internship. Without them I would not have been able to understand the supply or delivery operation at JSPL.

Bishnu Shankar Singh
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Executive Summary

It was a great opportunity to do this project for Jindal Steel& Power Ltd, sales and marketing department, Kolkata. The basic objective of the project is how product is marketed at JSPL. Moreover, to know the current market of JSPL and its competitors. It was important to know the opinion of the end users about the quality of the product and usage. Keeping the above objective in mind, every effort was made to reach to the factual position at the ground level and was tried hard to figure out the constraints. The primary data collected thereby was of quality and has thrown up some revealing facts. Detailed analysis of the raw data depicted the trend prevailing in the market about its market share and other segments of the marketing which are of immense value. In this era of brand consciousness It should also try to provide effective discount rate and different programs to attract more customers as well as retain in the present customers .Other vital things are maintaining good customer relationship by promotional schemes, raising the credit limit that is being offered to most of the companies. In fact, the brand of the group is known for high degree of trust, loyalty, worthy price and dependability. JSPL are known by their brand and their Endeavour is for carving a niche in whatever business they are in. JSPL have maintained high standards in addressing customer grievances and I‘m sure that the outcome of this study will be taken in the right perspective and hope it will act as a tool for improving the quality of products and services.

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Content
SL.NO Part I: i. ii. iii.

Particular
Essential Company Information: Company Product-Market scope Current Product Portfolio and Position in the Market Competitive scenario-Present and potential

PAGE NO 1 - 14

Part II: The Content i. ii. iii. iv. v. vi. vii. viii. Define the live problem or topic of the project working on Objective of the topic or the study Sources of data collection Report of Data Collection and Analysis Findings and Observations Recommendations Conclusion Bibliography

15 - 26

Part III: Learning from the Internship: i. ii. iii. iv. v. vi. Organization Structure Leadership style of Top Management Decision making styles Quality and nature of teamwork Organizational culture Major strengths/Weaknesses
4

27 - 39

Ess e n t i a l C o m p a n y I n f o r m a t i o n
Shri O.PJindal was the Chairman of the Jindal Organization; He established a successful business enterprise Jindal Steel and Power under the flagship of the Jindal Organization, of which he was the chairman. In November 2004, Jindal was awarded the prestigious "Life Time Achievement Award" for his outstanding contribution to the Indian Steel Industry by the Bengal Chamber of Commerce and Industry. According to the latest Forbes' List, he was ranked 13th amongst the richest Indians and placed 548th amongst the richest persons of the world.

Late Shri O .P Jindal

Mr. Naveen Jindal is the Chairman and Managing Director of Jindal Steel & Power Limited (JSPL) which is one of the most efficiently managed steel companies in the world. The company is a part of the about US$ 15 Billion O.PJindal Group. The company has the world’s largest coal-based sponge iron capacity and has established a Rail & Universal Beam Mill, which is manufacturing the world’s longest 121 meter rails and parallel flange beams &columns in large sizes for the first time in India.

Mr. Naveen Jindal

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ORGANISATIONAL GUIDE INFORMATION
Company: Web Site: Jindal Steel & Power Ltd. (JSPL) www.jindalsteelpower.com

Human Resource Department:Name Designation : : Mr. Praveen Kumar General Manager (Group HR)

Marketing Office (Kolkata):01.Name Designation : : Mr.Kaushik Basu Sr.Deputy General Manager (Sr.DGM)

02.Name

:

Pradip Jaiswal Deputy Manager-Marketing

Designation :

03.Name

:

Prabhav Singh Asst. Manager-Marketing
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Designation :

Hierarchy of jspl at Kolkata office

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Company Product-Market scope
TYPES OF PRODUCTS marketed:1. Rails 2. Parallel Flange Beams 3. Medium & Light Structural Mill 4. Plates & Coils 5. Semi-Finished Products 6. Wire Rods 7. TMT Bars 8. Power 9. Ferro Chrome 10. Silico Manganese 11. Sponge Iron

Rails
Long Rails from JSPL
• • • • •

Normal grade typified by 710 N/mm2; Minimum UTS Wear Resistance Grade typified by 880 N/mm² minimum UTS to 1080 N/mm² UTS Crane Rails: CR 80, CR 100 sections Track Rails: UIC 54, UIC 60 and IRS 52 sections: Up to 121 m Provides 240/484 metre Flash Butt Welded Rails

JSPL is also a preferred supplier for Crane Rails which find widespread usage in EOT cranes as well as for Gantry Crane operations. Applications:a) Rail track for High speed Trains, Sliding of Power Plants , Refineries, Cement, Fertilizers and Steel Plant ,etc.
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b) Crane rails for Ports & Harbours, Factories, Mines, Launch Pad, and Shipyards etc.

Parallel Flange Beam
Product Specifications
• • • • •

Channels: 250 mm-400 mm Welded beams: 350 mm to 3000 mm (fabricated in custom made sizes) Universal Beams: 203 x 133 to 610 x 229 mm Universal Columns: 152x152 to 356 x 368 mm H-Beams as per BIS Code No.IS-12778 are available for sizes up to 900 x 300 mm

JSPL today rolls 28 different sections and over 100 different variants (unitweights) of Structural steel including beams columns and channels conferring to Indian and International series BS/UB/UC/NPB/WPB/IPE/HE

Applications:Refineries,Airports,Flyovers,Metro Rail Projects, Shopping Malls, Power Plants,Stadiums,Cement & Steel Plants & Industrial Sheds.etc

Medium & Light Structural Mill
Product Specifications EQUAL ANGLES (ISA) CHANNELS (ISMC) BEAMS - NPB / IPE BEAMS - WPB / HE FLATS RAILS
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100 – 200 mm 75 – 300 mm 100 – 300 mm 100 – 200 mm 50 – 300 mm 30 lb/yd & 24 kg/m.

Applications:Ship Building, Line Pipe, Automotive, Pressure Vessel, Boilers, Pen Stocks, General Engineering & Fabrication etc.

Plates & Coils
Product Specifications Discrete Plates Width 1500 mm - 3500 mm Thickness 7 mm - 120 mm Furnace Normalized Plates Max. Length 13 meters Thickness 40mm 80mm Cut to Length Plates Width 1500 mm to 2500 mm Thickness 7mm – 16 mm Length 6000 mm – 12500 mm Hot Rolled Plates Width 1500 mm to 2500 mm Thickness 7 mm – 25 mm Max. Weight 25 MT per coil

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Cut to Length Plates Width 1500mm to 3000mm Thickness 7mm - 16mm

Hot Rolled Coils Width 1500 mm to 2500 mm Thickness 7mm 25mm

Current production and distribution of plates and coils in various segments: General engineering & structural fabrication Pressure vessel & boilers Bridges & Flyovers Railway Wagons Oil & Gas pipelines Shipbuilding

Applications:General Engineering, Structural Fabrication, Bridges & Flyover, Shipbuilding, Boilers & Pressure Vessels, Railways Wagons, Oil & Gas Pipe Lines.etc.

Semi - finished products
Products Size Range Billets: 130 mm, 150 mm, 165 mm, 200 mm, 250 mm squares. Length - up to 13 METRES; Rhomboidity – 5 mm (max) Blooms: 285 mm x 390 mm and 280 mm x 320 mm rectangle Beam: 140 mm, 160 mm, 200 mm, 220 mm, 255 mm, 280 mm, Blanks: 305 mm, 355 mm diameter
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Rounds: 140 mm, 160 mm, 200 mm, 220 mm, 255 mm, 280 mm, 305 mm, 355 mm Diameter rounds Slabs: Width – 1500 mm to 2600 mm ; Thickness – 215 mm, 250 mm & 280 mm ; Length - 3.0metre to 8 metre Rhomboidity – 5 mm max; Bulging - 2.5 mm max; Camber – 2 mm per Metre; Normal cast surface Applications:Beams such as H-Type, I-Type, Box Sections are used mostly in Large support column, and Beams for manufacturing & Process Plant, Airports, High Rise, Buildings, Power Plants, Stadiums, Flyovers, Forging Industry, Rolling Units and Seamless Pipe Manufacturers in India as well as International market of Europe, South-East Asia, West-Asia and Middle East etc.

Wire rods
Product Specification:• • • • Plain Rod : 5.2, 5.5 – 22 mm (in 0.5 mm increments) Coil weight : 2.48 ton Coild Outside Dia : 1250 mm Coil Inside Dia : 850 mm

Dimensional Tolerance Size (mm) 5.5 – 22.0 Tolerance (mm) +/- 0.10
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Maximum Ovality (mm) 0.12

Grades Low Carbon Grades: SAE 1006/1008/1010/1012/1015/1018/1020, CAQ Medium Carbon Grades: SAE1030/1035/1038/1040/1541/EN8D High Carbon: HC36/40, HC41/45, HC51/55, HC56/60, HC61/65, HC66/70, Tb68, HC71/75, HC76/80, HC81/85, PSC116, SWR52A, SWR62A, SWR82A Cold Heading Quality: SAE1010/1015/1018/1020, SAE10B21, SAE15B25, SAE15B41, 19MnB4 Electrode Quality Grades: EQ (IS2879), JSPL Weld (MIG), EM12K Free Cutting Grades: SAE 12L14, EN 1A, EN 8M, EN 15AM Ball Bearing Grades: EN31, SAE52100 Alloy Grades: 16MnCr5, 20MnCr5, SCM 415H, SCM 420H, SAE8620, SAE4135, SAE4140

Applications:Fasteners, Bolt, Rivets & Screw, General Purpose Wires, Nails, Electrode Wires, Industrial Wires, Agricultural Wires, Chains & Upholstery Wires, Tyre Bead & Hose reinforcement Wires, Pre-Stressed Concrete Strands Wires, Spring Wires, Wire Ropes etc.

TMT Bars
Sizes (in mm) – 8,10,12,16,20,25,28, 32, 36, 40 Chemical Properties
Carbon (max.)

IS 1786 Fe 500D
0.25
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JSPL 500D (Typical Values)*%
0.25%

Sulphur (max.) Phosphorous (max.) S+P (max.) Carbon Equivalent (max.)

0.04 0.04 0.075 0.42

0.035% 0.035% 0.07% 0.42

Mechanical Properties

IS 1786 Fe 500D
500 16 565

JSPL 500D (Typical Values)
540 18 600

Yield Stress-YS (N/MM2) (min.) Elongation (min.) Ultimate Tensile Stress (UTS) (N/MM2) (min.)

Applications:They are ideal for high rises, dams, bridges, individual houses and any critical structures where high yield strength is required without compromising on the elongation properties. They are used as wide spread construction purpose.

Ferro Chrome
Specifications Characteristic % Chromium % Carbon % Silicon % Sulphur %Phosphorous Size Requirement 60 to 66 6 to 8 4 Max. 0.05 Max. 0.05 Max. 10 - 150 mm

: : : : : :

Applications:In the production of stainless steel. used in specialist applications such as engineering steels where a high Cr to Fe ratio and minimum levels of other elements such as sulphur, phosphorus and titanium are important and production
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of finished metals takes place in small electric arc furnaces compared to large scale blast furnaces.

High Carbon Silico Manganese
Specifications of High Carbon Silico Manganese (SiMn)
Characteristic Requirement % Manganese : 60 % min. % Silicon : 15 % min. % Carbon : 2 % max. % Iron : 22 % min. %Phosphorous : 0.35 % Max. 0.025 % % Sulphur : Max. Size : 10 - 80 mm (± 10 %)

Sponge Iron Specifications
Characteristic Requirement % Non: 1.0 Max. magnetic % Metallic Fe : 81 Min. % Total Fe : 91 Min. Metallization : 88 Min. %Phosphorous : 0.07 Max. % Sulphur : 0.07% % Carbon : 0.3 Max.
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% SiO2+ Al2O3 Size

: 5 Max. : A-grade lumps 3-20 mm (-3 mm 5% Max.) A-grade fines 0-6 mm (+6 mm 5% Max.)

Applications a) Sponge Iron is one of the most important and the basic raw materials required for the production of various steel/iron based products like TMT bars, D.I Pipes etc. b) Sponge Iron is a part–substitute for steel scrap used for manufacturing steel by electrical arc furnaces and induction furnaces. c) Steel melting scrap is primarily required for using as a feed material in all mini steel plant that use this scrap for melting in electric arc furnace/induction furnace to manufacture steel. d) Sponge Iron is also good suitable material for using as a coolant in LD converters of the Integrated Steel Plants.

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Current Product Portfolio and Position in the Market
Range of products which is being offered by the Jindal Steel & Power Limited to its market is mentioned below.

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JSPL

Finished Goods

Semi-Finished

1. Beam 2. Channel 3. Column 4. Rail 5. Wire Rode 6. Plate 7. Coil 8. TMT 9. Angle 10. Ferro Chrome 11. Silico Manganese

1. Beam Blank 2. Bloom 3. Billet 4. Round 5. Slab 6. Sponge Iron

Players in Market for Steel Production

1. 2. 3. 4. 5. 6. 7. 8.

Steel Authority of India (SAIL) TATA Steel ESSAR Jindal Steel & Power Limited (JSPL) Bhushan Steel JSW RINL SJK
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Marketing of Jindal steel & Power Limited (JSPL) products.

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Objectives of the project

In Jindal Steel Plant there is various section of marketing department. Since I have chosen “Marketing Strategies for the secondary products at BSP”, my main objectives are:

1. 2.

Market study of products of JSPL. To know what JSPL products is why it is necessary to sell the JSPL products.

3. 4.

To know the pricing of JSPL products. Ensuring timely dispatch of material products, scrap etc. to the potential customers.

5. 6.

To know the use of JSPL product. To know the others terms and conditions for marketing of JSPL products.

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Sources of data collection

Collection of Data: 1. Primary Data: 1. Data collected from Database of the company; 2. References

2. Secondary Data: 1. Discussions with managers 2. Referring newspaper, journals and magazines 3. Information collected from Internet

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Reports of data collection and analysis
Data Collection:In addition to the intrinsic sampling error, the actual data collection process will introduce additional errors. These errors are called non-sampling errors. Some nonsampling errors may be intentional on the part of the interviewer, who may introduce a bias by leading the respondent to provide a certain response. The interviewer also may introduce unintentional errors, for example, due to not having a clear understanding of the interview process or due to fatigue. Respondents also may introduce errors. A respondent may introduce intentional errors by lying or simply by not responding to a question. A respondent may introduce unintentional errors by not understanding the question, guessing, not paying close attention, and being fatigued or distracted. Such non-sampling errors can be reduced through quality control techniques.

Data Analysis - Preliminary Steps:Before analysis can be performed, raw data must be transformed into the right format. First, it must be edited so that errors can be corrected or omitted. The data must then be coded; this procedure converts the edited raw data into numbers or symbols. A codebook is created to document how the data was coded. Finally, the data is tabulated to count the number of samples falling into various categories. Simple tabulations count the occurrences of each variable independently of the other variables. Cross tabulations, also known as contingency tables or cross tabs, treats two or more variables simultaneously. However, since the variables are in a two-dimensional table, cross tabbing more than two variables is difficult to visualize since more than two dimensions would be required. Cross tabulation can be performed for nominal and ordinal variables. Cross tabulation is the most commonly utilized data analysis method in marketing research. Many studies take the analysis no further than cross tabulation. This technique divides the sample into sub-groups to show how the dependent variable varies from one subgroup to another. A third variable can be introduced to uncover a relationship that initially was not evident.
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Annual Production capacity of steel companies:-

Sl.NO

Company Name

Annual Production capacity in metric Tonne Per Year 26 23.3 14 10 3 2.820 2.3

1 2 3 4 5 6 7

Steel Authority of India TATA Steel ESSAR JSW Jindal steel and power RINL Bhusan Steel

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SALES FOR 2010-2011 & 2011-2012 Of Kolkata Marketing Office
MONTH APRL YEAR 2009-10 2010-11 2011-12 2009-10 2010-11 2011-12 2009-10 2010-11 2011-12 2009-10 2010-11 2011-12 2009-10 2010-11 2011-12 2009-10 2010-11 2011-12 2009-10 2010-11 2011-12 2009-10 2010-11 2011-12 2009-10 2010-11 2011-12 2009-10 2010-11 2011-12 2009-10 2010-11 2011-12 2009-10 2010-11 2011-12 2009-10 2010-11 2011-12 RUBM 2229 1,581 3,158 4,702 1,460 6,103 3,617 1,874 4,838 4,314 2,647 6,244 5,753 2,225 4,322 4,456 2,445 5,839 2,303 4,416 3,265 1,538 4,697 4,113 2,646 4,580 5,461 1,060 3,774 4,734 2,785 5,393 3,278 3,692 6,417 3,961 39,095 41,509 55,316 PLATE 3677 2,986 3,733 4,000 5,054 3,987 6,439 5,310 5,766 5,190 5,459 5,948 6,343 3,771 4,152 4,451 4,235 5,778 6,572 1,840 3,691 5,120 5,889 6,266 8,040 5,454 6,096 5,776 4,469 8,476 5,346 6,156 12,755 6,067 7,358 4,991 67,021 57,981 71,639 COIL 975 2,282 375 4,078 779 1,533 1,997 1,212 1,267 2,973 2,346 187 345 1,182 644 3,150 1,677 520 1,643 2,535 205 942 1,487 21 3,561 5,380 0 0 602 697 4,679 1,141 524 10,969 932 1,269 35,312 21,555 7,242
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MAY

JUNE

JULY

AUG

SEP

Oct

Nov

DEC

JAN

FEB

MAR

GRAND TOTAL

TMT 0 565 472 0 522 1,098 0 280 1,442 0 418 665 0 723 1,817 0 485 1,347 0 440 948 0 1,857 1,931 0 26 2,829 0 185 3,365 0 1,089 8,101 0 68 6,892 0 6,658 30,907

MLSM 0 0 496 0 0 722 0 0 813 0 0 1,643 0 0 768 0 0 1,163 0 0 672 0 76 1,207 0 0 780 0 0 1,021 0 566 2,919 0 512 3,441 0 1,154 15,645

WR 0 1,135 3,554 0 396 3,648 0 1,431 1,658 0 4,219 1,704 0 5,836 4,431 0 747 2,718 0 3,900 1,753 0 3,095 4,488 0 1,859 3,829 0 5,767 2,007 0 2,491 1,242 0 3,222 3,692 0 34,098 34,724

SEMIS 0 0 22 0 0 0 0 0 0 0 0 0 0 0 0 0 281 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21 49 0 302 71

TOTAL 6881 8549 11810 12780 8211 17091 12053 10107 15784 12477 15089 16391 12441 13737 16134 12057 9870 17365 10518 13131 10534 7600 17101 18026 14247 17299 18995 6836 14797 20300 12810 16836 28819 20728 18530 24295 1,41,428 1,63,257 2,15,544

Findings and observations
Enterprises always have a clear view of the market in which they act: without a strong knowledge of the markets, they can’t face their competitors and in a short time they could lose market share, beginning a decline phase. For this purpose the knowledge of the market assumes a strategic role since each step in any direction could be done only with a previous research on market players, products and features of their own environment.

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JSPL’s position in major steel producers in India

Sl.NO 1 2 3 4 5 6 7

Company Name Steel Authority of India TATA Steel ESSAR JSW Jindal steel and power RINL Bhusan steel

Annual Production capacity in metric Tonne Per Year 26 23.3 14 10 3 2.820 2.3

There are so many competitors in market but among few top ranking steel companies which is mentioned above in table with their annual production capacity show where Jindal Steel & Power Limited (JSPL) stands. Jindal Steel and Power Limited (JSPL) is one of India's major steel producers with a significant presence in sectors like Mining, Power Generation and Infrastructure. With an annual turnover of over US$ 3.5 billion, JSPL is a part of the US$ 15 billion diversified O. P. Jindal Group and is consistently tapping new opportunities by increasing production capacity, diversifying investments, and leveraging its core capabilities to venture into new businesses. The company has committed investments exceeding US$ 30 billion in the future and has several business initiatives running simultaneously across continents.
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Recommendations
Steel Industry has an important role to play in the development Of any economy. The sector’s sustained growth, therefore, is one of the Important prerequisites for attaining the level of GDP growth envisaged in the 11th Plan. The sectors growth during the 11th Plan, however, is going to be Largely driven by market forces in a deregulated economic environment. While the industry’s future prospects may be determined by Market forces, the Government will continue to play a pro-active role Especially in areas where the actual achievements fall short of expectations. At the same time there is also a need to exploit the industry’s growth potential Fully. The on-going processes of global relocation and world-wide restructuring have clearly shown that the focus of the industry will gradually shift to those Countries which have raw materials, low cost labour and technical manpower, High potential of technology absorption and a rapidly growing domestic Market as well as proximity to other growing markets. India has the potential To emerge as a global player during the Eleventh Plan period, if the inherent Advantages like availability of quality iron ore, cheap labour, and technical Manpower and growing domestic demand are leveraged properly. Its Capability has already been demonstrated in the last decade and a half when It improved its position from the 11th place in 1991 to become the 7th largest Producer of steel globally in 2005. As the 11th Plan period is going to be Crucial for not only maintaining but also improving the overall momentum of Growth in this sector and this for a conducive policy environment.

Few factor to be considered from my opinion to lead with above mentioned steel manufacturing companies are follow:1. RELATED TO PRICING :JSPL should look after his pricing factor. It is seen that pricing is one of the important key factor in field of marketing of product is manufactured. JSPL should have benchmark with government pricing factor because most of customers look for lower pricing during purchasing .This is the reason that customers make enquiry about pricing first of all from all steel manufacturing company, then they compare the price ,when they find that
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after seeing the quotation they discuss about other price to the sells persons which is termed as negotiation .

2. RELATED TO KEY CUSTOMERS:According the position in terms of productivity mentioned above JSPL should increase his productivity capacity, which will help sells person to keep on his promises with the customers .It is seen that when demand is high nut productivity is low, his makes bad impact on the company. JSPL should focus on the expansion plan. 3. THE SEVEN C S SHOULD BE FOLLOWED.
I. II. III. IV. V. VI. VII. Consistent Quality Committed Delivery Customized Products Competitive Prices Complaint Settlement Contemporary Products Culture of Customer Services

4. The company should maintain good relationship with dealers. 5. The company should provide some more margins to dealers because if it happens then the dealers will be initiated to sell more and motivated.

6. There should be more promotional awareness.

7. There should be maintaining a gap between dealers in the same region.

8. While introducing product JSPL should use more innovative marketing campaigns.

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Conclusion

At last it is concluded that the company as a whole is a well branded company. The goodwill of the company is good. As one of the India’s most valuable and respected corporations, JSPL is widely perceived to be dedicatedly nation – oriented .Chairman Mr. Naveen Jindal call this source of inspiration “ a commitment beyond the market ”.In his own words : “JSPL believes that its aspiration to crest enduring value for the nation provides the motives force to sustain growing shareholders value. JSPL practices this philosophy by not only driving each of its businesses towards international competitiveness but by also consciously contributing to enhancing the competitiveness of the larger value chain of which it is a part.’’

JSPL employs or 125000 people at more than nine locations across India. The company continuously endeavors to enhance its wealth generating capabilities in a globalization, fulfill the aspiration of its defence and non-defence. This overarching vision of the company is expressively captured in its position. At the onset I would like to thank all the associate authorities who have helped me out in this project a successful completion at the end.

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Bibliographies Websites:o o o o o o o
o

www.jindalsteelpower.com www.sail.com www.tatasteel.com www.essarsteel.com www.steel.nic.in www.bhushansteel.com www.wikipedia.com www.economywatch.com

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Organization Structure
At present there are 24 levels in Jindal Steel & Power Ltd:-

1. E.V.C & M.D 2. V.C & CEO 3. Deputy M.D 4. Executive Director/Directors 5. President 6. Executive Vice President 7. Senior Vice President 8. Vice President 9. Assistant Vice President 10.Senior General Manager 11.General Manager 12.Senior Deputy General Manager 13.Deputy General Manager 14.Assistant General Manager 15.Senior Manager 16.Manager 17.Deputy Manager
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18.Assistant Manager 19.Executive 20. Management Trainee 21.Junior Executive Engineer/Overman 22.Officers Foreman/Senior Chemist/Trainee Engineers 23.Senior Assistant Foreman/Chemist/Senior Supervisor 24.Assistant Foreman/Supervisor

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Leadership style of Top Management

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Decision making style 1 Identify Proble m

2 Develop Decisio n Criteria 4 Develop Alternative s

3 Allocate Weights to Criteria

6 Select Alternativ e 7 Implement Alternativ e 8 Evaluat e Results

5 Analyze Alternative s

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Quality and nature of teamwork

Quality and nature of Teamwork:-

1. Clear objectives and agreed goals

2. Openness & confrontation 3. Support & Trust 4. Co-operation & Conflict 5. Sound Procedures 6. Appropriate leadership 7. Regular review 8. Individual development 9. Sound inters group relations.

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Organizational culture

Organization Culture is an idea in the field of Organizational studies and Management which describes the psychological, attitude, experiences, beliefs and values (Personal and cultural values) of an organization. It has been defined as “the specific collection of values and norms that are shared by the people and groups in an organization that control the way they interact with each other and with stakeholders outside the organization. The definition continues to explain organizational values, also known as “beliefs and idea about what kind if goals members of an organization should pursue and idea about appropriate kinds or standard of behaviour organizational member should Use to achieve the goal. From organizational value develop organizational norms, guidelines, or exceptions that prescribe appropriate kind of behaviour of organizational member toward one another.

Organizational culture and corporate culture are often used interchangeably but it is a mistake to state that they are different concepts. All corporations are also organizations but not all organization is
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corporation. Organization includes religion institution, on-for-profit groups, and government agencies. There is even Canadian criminal code definition of :organized Crime” as meaning a group comprised of three or more person which has ,as one of its primary activities or purposes, the commission of serious offences which likely result in financial gain.” Corporations are organizations and there are legal entities. Corporate Culture is the total sum of the values, customs, traditions, and meaning that make a company unique. Corporate culture is often called “the character of an organization”, since it embodies the vision of the company’s founder. The value of a corporate culture influences the ethical standard within a corporation, as well as managerial behaviour. There are mainly two type of culture:1) Strong Culture 2) Weak Culture Strong culture is said to exist where staff respond to stimulus because of their alignment to organizational values. In such environments, strong cultures helps firm operate like well-oiled machine, cruising along with outstanding execution and perhaps minor tweaking of existing procedures here and there

Conversely there is Weak Culture where there is little alignment with organizational values and control must be exercised through extensive procedures and bureaucracy .Where culture is strong – people do things because

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they believe it is the right thing to do –there is a risk of another phenomenon, Groupthink

Organization with their cultures are written below:1) Jindal Steel & Power is committed towards total satisfaction of customers and others stakeholders and achieving business excellence. 2) We at Jindal Steel & Power Limited will work for implementation of Total Productive Maintenance (TPM) at all spheres of our activities. 3) Jindal Steel & Power Ltd., Raigarh, is committed to work for effective utilization of all types of energy. 4) Jindal Steel & Power Limited is committed to establishing a safe work culture

Vision, Mission, Values, Goals & Strategies of J.S.P.L:-

Vision

“To be a globally admired organisation that enhances the quality of life of all stakeholders through sustainable industrial and business development”.
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Mission

We aspire to achieve business excellence through: • The spirit of entrepreneurship and innovation •Optimum utilisation of resources •Sustainable environment friendly procedures and practices • The highest ethics and standards •Hiring, developing and retaining the best people •Maximising returns to stakeholders •Positive impact on the communities we touch.

Values

•Passion for People •Business Excellence •Integrity, Ownership and Sense of Belonging
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•Sustainable Development

GOALS:•Long Term Goals:

Achieving 20 M T steel capacity by 2015. Achieving 1800 M W Power by 2010.

To fulfil this organization is setting up 6 MT steel plant at Angul,5 MT PA steel plant at Jharkhand,2 MT steel plant at Bolivia & expansion of the existing steel plant at Raigarh from 2.0 MTA to 6 MT PA.

•The Key Strategic Goals are

:-1.Reduction in cost without compromising product quality. 2.Meet the satisfaction of customers & widen market base through emphasis on special steel.

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3. Adhering to environmental statutory norms, conservation of resources & waste management.

•S.M.A.R.T Goals of J.S.P.L :S– Specific M– Measurable A– Aggressive R– Realistic T– Time Period

STRATEGIES [ H.R ]:1) Practices for gathering & understanding the developments/trends inthe external environment, relevant to the formulation of H.Rstrategy 2) Practices for understanding the internal performance levels, skillsets & competencies available etc. to develop strategies & plans to meet the organisational objectives. 3) How does the organisation develop & refine its H.R strategy & what are the key inputs considered? Taking inputs from various sources like consultants, other organisations, sister concerns, H.R Policies & inputs from peers &then
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the H.R team meets to develop & refine policies that will helping setting up our strategies for the future. 4) The organization structure, policies & people processes supporting the achievement of the strategic objectives.

5) Defining the required outcomes & corresponding performance measures
with targets & comparisons with yearly defined goals

42

Major strengths/Weaknesses
SWOT Analysis of the Organization:Strengths:1) Availability of the iron ore 2) Low labour wage rate 3) Abundance of quality manpower 4) Mature Production base

Weaknesses:1) Unscientific Mining 2) Coking coal import dependence

3) Low R & D Investment Opportunities:1) Unexplored rural market 2) Growing domestic demand 3) Exports 4) Consolidation

Threats:1) China becoming net explorer 2) Protectionism in the west 3) Dumping by competitors

4) Global economic slowdown
43

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