Professional Documents
Culture Documents
Videcon Final
Videcon Final
SR
NO
TOPIC
01
02
03
04
05
Background
History
Product & Services
Strategic Business Unit
Strategic Plan: Vision, Mission, Goals
06
BCG Matrix
07
08
09
10
11
SWOT Analysis
7-S McKinsey Model
GE Matrix
Product Life Cycle
Corporate Governance
Background
Founded
: 1987
Founders
: Consumer Electronics
Home Appliance
Components
Office Automation
Internet
Petroleum
Power
Industry
Share Type
: Ordinary
Revenue
Net Income
Web site
: www.videoconworld.com
Videocon served in
many area like consumer product, home product, oil & gas etc.
Following are the important product produced by videocon
company.
CONSUMER ELECTRONIS
1. Plasma TV
2. LCD TV
3. 34 TV
4. Slim TV
5. Sound Station
6. Flat TV
7. Conventional TV
8. DVD
9. Multimedia Speakers
HOME APPLIANCES
1. Frost Free Refrigerators
2. Direct Cool Refrigerators
3. Side by Side Refrigerators
4. Fully Automatic Washing Machines
5. Semi Automatic Washing Machines
6. Microwave Ovens
7. Window AC
8. Split AC
9. Cassette AC
10.Tower AC
Key StepsTowards Strategic
Planning
MISSION
To delight & deliver innovative product
VISION
To bring happiness in every home with
global presence offering high quality eproducts to ease & enrich humanlife
GOAL
To provide a much higher level of service
to all those who
seek information
BCG MATRIX
In BCG Matrix product or business unit are identified as Stars, Cash Cow,
Dogs, Question mark. BCG Matrix can used for resource allocation. The
matrix can be explained are as follows.
Stars (high growth, high market share)
Stars are using large amounts of cash. Stars are leaders in the
business. Therefore they should also generate large amounts of
cash.
Stars are frequently roughly in balance on net cash flow. However if
needed any attempt should be made to hold your market share in Stars,
because the rewards will be Cash Cows if market share is kept.
SWOT ANALYSIS
7S MCKINSEY MODEL
Essentially the model says that any organisation can be best described by
the seven interrelated elements shown above:
Strategy :- Plans for the allocation of a firm's scarce resources, over time,
to reach identified goals. Environment, competition, customers.
Structure:-The way the organization's units relate to each other:
centralized, functional divisions (top-down); decentralized (the trend in
larger organizations); matrix, network, holding, etc.
System:- The procedures, processes and routines that characterize how
important work is to be done: financial systems; hiring, promotion and
performance appraisal systems; information systems.
Skills:- Distinctive capabilities of personnel or of the organization as a
whole.
Staff :- Numbers and types of personnel within the organization.
Style:- Cultural style of the organization and how key managers behave in
achieving the organizations goals.
The aim of the portfolio analysis is firstly to analyse its current business
portfolio and to decide which SBUs or branches should receive more or
less investment. Secondly, developed growth strategies for adding new
The product life cycle goes through many phases and involves many
professional disciplines and requires many skills, tools and
3. Maturty Stage
Costs are very low as you are well established in market & no
need for publicity.
Sales volume peaks
increase in competitive offerings
prices tend to drop due to the proliferation of competing
products
brand differentiation, feature diversification, as each player
seeks to differentiate from competition with "how much product"
is offered
very profitable
4. Decline or Stability Stage
costs become counter-optimal
sales volume decline or stabilize
prices, profitability diminish
profit becomes more a challenge of production/distribution
efficiency than increased sales
CORPORATE GOVERNANCE
This report sets out the compliance status of the Company on
Corporate Governance as set out in the Amended Clause 49 of the
Listing Agreement with the Stock Exchanges.
I.Companys Philosophy on Corporate Governance:The
Companys philosophy on Corporate Governance is centered around
maintaining highest standards of integrity, accountability and
professionalism and ensuring transparency and fairness in all its
dealings with stakeholders. The Company believes in and practises
good corporate governance norms both in letter and spirit.
II. Board of Directors:1. Composition of the Board of Directors as on September 30, 2007
Category
Director
Promoter-Non Executive
Director
Mr. V N Dhoot
No of Directors
Mr. P N Dhoot
Non-Executive Independent
02
Nominee DirectorsRepresenting
Lending Institution.
03
01
Category
Mr. S. Padmanabhan (Chairman ) Non Executive - Independent
Mr. Avinash Malpani
Non Executive - Independent
Mr. Naveen B. Mandhana
Non Executive - Independent
The Committee members have requisite financial and management
experience and have held or hold senior positions in other reputed
organizations.
2. Remuneration Committee:Composition (As of 30th September, 2007)
Name of the Committee Member
Category
Non Executive - Independent
Non Executive - Independent
Non Executive - Independent
Category
Non Executive - Independent
Non Executive - Independent
Non Executive - Independent
To
The Members of
VIDEOCON APPLIANCES LIMITED
We have examined the compliance of conditions of Corporate
Governance by Videocon Appliances Limited, for the year ended on
30th September 2007, as stipulated in Clause 49 of the Listing
Agreement of the said Company with Stock Exchanges.
The Compliance of conditions of Corporate Governance is the
responsibility of the management. Our examination was limited to a
review of the procedures and implementations thereof adopted by the
Company for ensuring the compliance of the conditions of the
corporate governance as stipulated in the said clause. It is neither an
audit nor an expression of opinion on the financial statements of the
Company.
In our opinion and to the best of our information and according to the
explanations given to us and the representations made by the
Directors and the management, we certify that the Company has
complied with, in all material respect, the conditions of Corporate
Governance as stipulated in Clause 49 of the above mentioned
Listing Agreement.
As required by the Guidance Note issued by the Institute of Chartered
Accountants of India, we state that no investor grievance were
pending for a period exceeding one month against the Company, as
per the records maintained by the Investors Grievance Committee
and as per the certificate of the Registrars and Transfer Agents of the
Company.