Professional Documents
Culture Documents
3. Weak Communication Skill in the business arena (Specially in the top or almost top
positions of any reputed companies from where the opportunity of business is
thrown)
4. Improper Marketing (The Ray Team especially Management is very much stuck in
existing client sector thus the increasing number of clients is very poor. More than 6
years Ray is serving almost same clients/companies. No of clients have not been
added remarkably.)
5. Lack of objective
(Perhaps this is the greatest drawback of Ray. Due to absence of Proper objective
Ray found itself with lots of versatile activities but couldn’t make itself specialized in
any sector properly therefore the company earns unsecured position till date.
Absence of proper objective is followed by inability of proper planning and
consequently it earns different kind of crisis like financial, managerial etc. and the
company is stuck in the same position financially for approx. last 6 years where the
expenses fly vigorously)
Hence despite lots of dissensions some planning is being tried to form according to the
strength and weakness of the company. Here the planning is absolute variable and may vary
depends on very much proper discussion and understanding.
The plan indicates huge marketing policy with curtailing the sectors were Ray rambles. The
fundamental sectors are chosen to be expanded are Interior Decoration and Event
Management.
Upon analysis the below positions are found existing at present (August 2017) and proposed
positions are highlighted with the existing positions
Management
Managing Director 1
Director Operations 1
Subject to Management
Office Coordinator 1
Interior Decoration
Project Manager 1
Interior Designer 1
Supervisor 1
Accounts
Manager Accounts 1
Sr. Executive Accounts 1
Procurement
Manager, Procurement 1
Store Keeper 1
Creative
Visualizer 1 + 1
Graphics Designer 1
Client Service
Production
Production 10
MLSS 2
Cook 2
Driver 1 + 1
Event Management
Event Coordinator 1
Note: some optional posts should be (highly prior base) filled by consultancy i.e. legal
advisor, company secretary etc. (Example IT officer is responsible on part time basis)
Marketing Policy
Interior Decoration Sector
There should be detail Marketing Policy to enter the market and capture gradually.
Ray has to be focused on highly standard procedure about presentation. Ray should take
necessary initiatives of expanding skills of existing personnel (example: Interior Designer).
He should acquire additional skill on 3D designing which is very much necessary in Interior
Decoration Sector as well he should be more skilled in Auto Cad Designing.
Simultaneously Ray should have to have a very much standard brochure on Interior
Decoration. It has been noted that the brochure is being old day by day but the necessity of
brochure can’t be denied to expand marketing. Rather it can be suggested to upgrade the
brochure gradually.
It is highly noted that upgrading the company information according to the market is
extremely recommended. This decade is almost biased by net marketing thus Ray has to
focus on the net marketing by using web page, Facebook etc.
Marketing Executives should be recruited and should be preferable from Interior Decoration
Background and must be well smart and highly presentable. It is stated that Marketing
Executives represent the standard and value of Ray thus hence it should be on top prior
base rather the expense on them. They can be motivated by target oriented challenge and
can work as whole team. They should be in charge of upgrading the company information
through online marketing and hence it should be followed up by the Management. It is
highly stated that the posts are required for Ray with highest priority as it will be observed
as non-professionalism and immaturity to do all sorts of marketing by the Management
only. And Management should be more concern about what type of responsibilities should
be done.
List of Clients: The most necessary part of Marketing. Have to have a proper list of
Marketing in different arenas like MNCs, Group of Companies, Banks, Leasing Firms,
Telecommunication Companies, Fashion Companies etc.
Net upgrading: very much necessary for capturing the present Market and people are aware
of Net Marketing now a day.
Brochure/Leaflet: Another part to reach the client group. Upgrading of the brochures
gradually is needed. Design should be eye catching and very much presentable.
Management: Increase the communication skill and/or build up more Business Relation with
mid or upper level of client group.
Marketing Executives: Verse Marketing is very much necessary and it shows the usefulness
for the Company. As well follow up the Marketing is also necessary as it can be clearly
stated that only once or twice doesn’t bring any fruits to the basket. Simultaneously the
team should be responsible about the upgrading of Net Marketing and other materials like
brochure/leaflet, or Company Profiles.
Interior Designer: He/she should be entirely skilled on 3D Designing and Auto Cad Designing.
If any kind of training is required to fulfill the skill, Management Should have to take the
necessary steps regarding the training as it would be quite expensive to recruit the technical
related personnel at this moment and it is very difficult to do the work by out sourcing as it
shows the break of commitment from the out sourcing end regularly.
Project Manager: Will be entirely responsible about executing any sort of Interior
Decoration work and must be followed by the Management.
Procurement Manager: Will be responsible about purchasing materials, keeping the records
and report to the Management.
Other related departments like Accounts, Client Service team, Office Coordinator can serve
their role according to their posts/responsibilities.
Event Management Sector
The most promising sector where Ray according to the present analysis doesn’t need to pay
more attention except proper marketing as Ray consists wide communication skill in
vendor/supplier sector. Ray successfully showed phenomenal performance in event sector.
All is needed for Ray to expand the sector by starting self-event related business which is
more profitable than to do the client thrown events. It can be started with very small scale
and gradually increase the market arena (like small campaign, some event shows like
fashion show, any kind of fair, like any awareness programme etc. depends upon
discussion). Management may take proper steps doing of self-event by getting help from
outsource as lots of outsources can rely doing business with Ray. Management can expand
the event sector by increasing the number of Clients/Companies also.
Branding Sector
The strongest sector of Ray where Ray expenses most as well. It can be flourished and can
be utilized more by proper marketing though the sector became squeezed in the market
( like billboard removing, price of print media/other materials has been uncovered, direct
marketing by the print house etc.). It is being discouraged to expand the market without
own setup as only service oriented organization Ray can’t flourish the market due to high
competition, huge operational cost.
This sector can be created and expanded to the market as this sector brings value and
acquaintance through easier way. Ray can take necessary steps about doing corporate
documentary or some documentary about any sort of awareness. Group of Companies or
NGOs can be target client group. It is not needed own a setup as outsource can be helpful
regarding this sector.
Threats
Unfortunately Ray earns lots of threats now a day due to not having proper setup in any
sector and also lack of verse marketing. Small setup owned by competitor in any sector
(Especially in Branding Sector) is a big concern of Ray. The awareness of Client about the
market price of service and materials is also another subject to requiring thoughts. It is
highly noted that as only service oriented organization Ray is not earning the proper value in
accordance with the existing operational cost. Ray should be more concern about the
proper objective and should create some values in different ways.
Conclusion
Management is deeply requested to go through the analysis more and more and to form
proper initiatives for overcoming the financial and technical drawbacks without which it is
clearly analyzed Ray will not be in good shape furthermore.