Professional Documents
Culture Documents
Submittedto:
Md. Alomgir Hossan
Senior Lecturer
Department Of Business Administration
Faculty of Business & Entrepreneurship
Daffodil International University
SUBMITTED BY
Tithila Sharmin Toma
ID: 171-11-396
Program: BBA
Major: Human Resource Management
Department Of Business Administration
Faculty of Business & Entrepreneurship
Daffodil International University
Date of Submission:
24.11.20
10 November, 2020
Md. AlamgirHossan
Department of Business Administration
Daffodil International University
Subject: Internship report entitled Training and Development process of Square
Pharmaceuticals Ltd.
Dear Sir,
In Connection of my virtual explore of Square Pharmaceuticals Ltd. I would like to submit
my report to your perusal. I have prepared this report on the basis of my online exposure at
Square Pharmaceuticals Ltd. It is great pleasure for me to present you this report.
I enjoy preparing this report, which enriches my partial knowledge of theoretical concept. All
of my partial knowledge of the theoretical concept. All of my efforts will be successful if the
report can serve its purpose. I have tried my best to explain everything related with the report,
I am always available for any quarries regarding this report.
Sincerely,
Tithila Sharmin Toma
Id: 171-11-396
Daffodil International University
At first, I would like to express my profound respect to Almighty Allah for his blessings to
help me reach this far and for giving me the chance to research on the leading
Pharmaceuticals company in Bangladesh.I would also like to show my heartiest gratitude
towards Md. AlamgirHossan, Senior lecturer, Daffodil International University, for his
assistance, encourage, inspiration and guide during this period. I want to express my
indebtedness to Professor Dr. Mostafa Kamal, Dean, Daffodil International University.Also I
want to thank my family because they have helped me in every single time. They never ever
shown their back in fact they encouraged a lot in every spheres of mine.
Finally, I am very much grateful to my university for all the facilities it provides and my
friends who’s always support me to make ready this report.
For my internship program, I got the opportunity to work at one of the best performing
pharmaceuticals companies in Bangladesh. I was placed in the corporate headquarters of
Square Pharmaceuticals Ltd., the parental company of Square Group. There I got an idea
about how things work in a corporate office and how the HR activities, especially training
and development initiatives are implemented in a company. The research paper primarily
focuses on the T&D initiatives undertaken to expedite organizational development of the
company. This report points out the existing conditions regarding employee training, the
strengths, weaknesses, and possible solutions for improving employee development
initiatives for the company. The report also emphasizes on relating generally accepted
theories and models of training to actual existing T&D processes in a company, especially a
manufacturing that involve both corporate employees and field forces. As I was placed in the
CHQ, the report mostly concentrated on evaluating the development initiatives of the CHQ
executives, senior executives and managers that in turn facilitate organizational development
in Square Pharmaceuticals Ltd. The report focused on finding positive or negative relations
between training initiatives and organization development to show employee training &
development as the main catalyst and facilitator of company productivity and progress. Some
comparisons and research was also done on the non
Executives and field forces to gain better understanding of the level of input given for
training initiatives, both internally and externally. The research has resulted in the following
outcome: Square Pharmaceuticals Ltd. has a strong and on-going employee training and
development program, but it still needs to enhance it processes and justify its capabilities by
overcoming the following drawbacks: • Instance feedback mechanism and more frequent
evaluations • More external training initiatives monthly • More areas and topics for training •
Larger and more attractive training areas/rooms at the CHQ.
History 17
Milestone of SPL 17-18
Vision of the SPL 18
Mission of the SPL 18
Business slogan 18
The corporate slogan 18
Corporate focus 18
Goals of the SPL 18
Objective of the SPL 19
CHAPTER - 3 Training and Development
at Square Pharmaceuticals
Limited
Training needs 21
assessment / analysis
Types of Training 21-22
Programs of SPL
Executive and Managerial 23-24
Trainings
Non-Executive Trainings 24
CHAPTER - 01
@Daffodil International University
Introduction
Introduction
Square Pharmaceuticals Ltd is a company which is Flagship Company of Square Group. In
complete contradict to its present rank, square had a rather gentle launch. The company began
out as a small range pharmaceuticals venture at Pabna, an inconsiderable city in Northern
Bangladesh. Four young entrepreneur put their great effort who gave us such a great
revolution. It brings economical change in our country as well as they showed us the way and
inspired us to being entrepreneur. To cope up any kind of barrier and maintain the success
they had to guide the employees in an innovative way. To keep it up good balanced work
they followed the training and development process, they thought this method could improve
their employee’s skills, knowledge with the changing time, which is really very important to
cope up the challenges to be table in no.1 position.
Square Pharmaceuticals Ltd has been staying the first position in Bangladesh
Pharmaceuticals market since 1985. Since the starting in 1958, square pharmaceuticals Ltd
has been flourishing hard for achieving higher quality standard. Yet again, the modern trend
Literature Review
Employees are the inseparable asset of any organization. The development of any industries
depends on the employee performance. Training develops the performance of employees but
the upper management knows the importance of expense in training for advantage of
progressing employee performance and also places them to get the challenges of today’s
competitive business environment. (Uzma Hafiz, 2015).
The terms of training come from ‘change through learning’. In this modern era, where
technology has top importance and it updated rapidly, training has become a requirement for
any kind of organization and nowadays it’s become the part of global market as well.
Organizations can’t response on straight details cause of compete in the future they have to
develop a strong hold on their employee skills because we are living in the productivity and
excellence era. (Tanwar& Prasad, 2016).
Training refers to the schematic intervention this is designed to enhance the factors of
individual performance ( Ment, 2011). There are many organizations who undergo due to
Primary Objective
The report is primarily made for the requirement of the completion of BBA internship
program. The report is also made to identify the importance of training and development’s in
the HR department and the working process of them to provide the best training practices in
the pharmaceuticals industry.
Specific Objective
To know about the overall training and development practices or HRD in the Square
Pharmaceuticals Ltd.
To find the actual training initiative taken to the employees and how the individual
program is designed,
To find out the procedures of evaluation of Square Pharmaceuticals Ltd.’s employees.
Research Scope
Square Pharmaceuticals Limited is one of the top leading organization in Bangladesh. In this
organization there are different kind of departments, different kind of products, different kind
of services and different kind of customers. I have got information and details regarding
training initiatives limited to only what I have research through online. The report covers
functions and performance of Human Resource department of Square Pharmaceuticals
Limited. The reason for choosing this organization is that I really want to learn something
about Human Resource department from this organization and it’s interesting for me as well.
Data analysis: The report is just based on qualitative data and perception based. The
findings are done through online feedback paper, the data are analyzed through Like-
scale and percentage format. The perceptions are evaluated in percentage format. Due
to limited access to quantitative data, the data are analyzed fully on qualitative basis.
Data processing: Data collected from secondary data sources have been processed
manually and qualitative approach in general and quantitative approaching some cases
has been used throughout the study.
Sources of Data
For more smooth and accurate study everyone has to follow some rules and regulations.
Basically the study impute were collected from two sources.
The sources are given below:
Primary source
Secondary source
Data analysis: The report is just based on qualitative data and perception based. The
findings are done through online feedback paper, the data are analyzed through Like-
scale and percentage format. The perceptions are evaluated in percentage format. Due
to limited access to quantitative data, the data are analyzed fully on qualitative basis.
Data processing:Data collected from secondary data sources have been processed
manually and qualitative approach in general and quantitative approaching some cases
has been used throughout the study.
Limitations
As I choose training and development of SQUARE Pharmaceuticals Ltd, I got information
details regarding training initiatives only to what I acknowledge through online. In the HR
department, the confidentiality level would be extremely high related to some of information.
That’s why I could not get access all information and strategies to include in the report.
Besides in this corona pandemic and lockdown situation physical internship is quite
impossible.
The limitations are given below:
History
Square is one of the largest and largest suppliers of products and services in Bangladesh and
has branches across the country. Square Pharmaceuticals Limited is the flag company of
Square Group. In stark contrast to the present height, the square had a rather humble
beginning. In stark contrast to the current height, the square had a rather beginning. In 1956,
the company was started as a small pharmaceutical enterprise in Pabna, a small town in
northern Bangladesh. It was a partnership effort of four young and enterprising people led by
Chairman Mr. Samson H. Chowdhury, whose determination and passion saw it through the
turmoil of the first day. In 1964, The company became a private limited company. 1975 was
a significant year for Square after Bangladesh's independence as it established a technical
partnership with Janssen Pharmaceuticals in Belgium; A subsidiary of Johnson &
Johnson, United States. Square in 1982 in relentless search for higher technology. Hoffman-
La Roche & Co. Ltd. signed a technical cooperation agreement. 1985 was a historic year for
Square as it became the first market leader in the Bangladeshi pharmaceutical market and has
maintained its position since then as the leading pharmaceutical company has gained market
leadership in the Bangladeshi pharmaceuticals market for the first time. Maintaining its
position as a leading pharmaceutical company. In 1987, The square became the first
Milestone of SPL
Year of Establishment 1958. SQUARE Pharmaceuticals Ltd 14
Incorporate as a Public Limited Company – 1964.
Technical Collaboration Agreement with Jansen Pharmaceuticals of Belgium.
A subsidiary of Johnson & Johnson International Limited – 1975.
Technical collaboration Agreement with F. Hoffman – La Roche & Company Limited
- 1984.
Converted into Public Limited Company – 1991.
Stock exchange listing (D & C) – 1995.
Agreement with M/S. Bevis tandem Limited of UK for implementation of Dhaka
Plant – 1996.
Awarded ISO- 9001 Certificate -1998.
Business Lines- Manufacturing & Marketing of Pharmaceuticals finished product,
Basic Chemicals &Agro vet products.
Vision of theSPL
They are committed to enhancing human health and wellbeing by providing most
contemporary and super affordable medicine in full compliance with global quality standards
as they import medicine in foreign country.
Mission of theSPL
Square mission is to supply and supply top quality and health care relief for folks,
maintain strictly moral customary in business
operation conjointly guaranteeing most profit to the Shareholder’s, Stakeholder’s and
therefore the society at massive in Associate in Nursing innovative means
Corporate Focus
Square vision, mission additionally as objectives area unit to stress on the standard of
product, method and services resulting in growth of the corporate imbibed with best
governance practices.
Goals of theSPL
Progress a realistic deposit mobilization plan and Strengthen operation in domestic to
increase market share and profitability to offer more value to the shareholders manufacturing
facility.
International standard pharmaceutical in domestic and export market of manufacture and
market demand. Association with global research based pharmaceutical company for
marketing or manufacturing their products.
Objective of theSPL
Square’s objectives area unit to conduct clear business operation supported market
mechanism at intervals the legal and social frame work with aims to achieve the
mission mirrored by the company’s vision.Total Commitment to protect public.
Off the job training: Refers to methods that are applied in the workplace, while the
employees are actually working. Off-the –job training: are used away from workplaces.
Strength
Weakness
Opportunities
In the market, the number of Antiulcer patients is increasing, when the number of
patients increases the possibility of a good return from the required drug increases.
Incredible export potential
New innovative therapeutic products.
Drug delivery system management.
Income is increasing day by day.
Clinical trials & research
Due to the cost advantage in contract manufacturing & Research multi-national
companies find it compelling to shift their production bases to countries offering such
cost advantage.
Licensing deals with MNCs for NCEs (New Chemical Entities) and NDDS (New
Drug
Delivery Systems) offer new opportunities for SPL.
Marketing alliances for MNC products in domestic and international market is
another emerging opportunity.
There is a possibility of greater returns from other countries of the world by
exporting.
Threats
Findings
From our close observation we have found the following aspects of their training system in
Square Pharmaceuticals Ltd. Those are stated bellow:
References