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Organisational

Study at IPA (P) Ltd”

“ Organisational Study at IPA (P) Ltd” By MARIA PRAMILA DSOUZA 10SKCMA030 EMPOWERING MINDS ACHARYA INSTITUTE

By MARIA PRAMILA DSOUZA

10SKCMA030

“ Organisational Study at IPA (P) Ltd” By MARIA PRAMILA DSOUZA 10SKCMA030 EMPOWERING MINDS ACHARYA INSTITUTE

EMPOWERING MINDS

ACHARYA INSTITUTE OF MANAGEMENT AND SCIENCES 1ST CROSS, 1ST STAGE, PEENYA

Company Profile  IPA was incorporated in the year 1977 as a “Private Ltd Company”. 

Company Profile

Company Profile  IPA was incorporated in the year 1977 as a “Private Ltd Company”. 
  • IPA was incorporated in the year 1977 as a “Private Ltd Company”.

  • Started by Mr V.A Abraham ( Scientist - NAL)

  • “House of Electronic Weighing & Automation”.

  • ISO-9001 :2000 certified company

  • Annual turnover- 130 million Indian rupees

Strategic Intent VISION : “To indigenize the complete input for weighing and automation by the year

Strategic Intent

Strategic Intent VISION : “To indigenize the complete input for weighing and automation by the year

VISION : “To indigenize the complete input for weighing and

automation by the year 2020 and provide the state of art technology to our customers at most competitive price,

thereby establishing an edge over other manufacturers”

MISSION:To be a market leader in Electronic Weighing & process automation”.

  • PRIORITIES INCLUDE: QUALITY, SERVICE, CONSISTENCY

Competitors Others , 3% MARKET SHARE IPA , 9% SARTORIUS , 18% AVERY , 27% POWER

Competitors

Competitors Others , 3% MARKET SHARE IPA , 9% SARTORIUS , 18% AVERY , 27% POWER
Others , 3% MARKET SHARE IPA , 9% SARTORIUS , 18% AVERY , 27% POWER BUILD
Others , 3% MARKET SHARE
IPA
,
9%
SARTORIUS ,
18%
AVERY , 27%
POWER BUILD
, 20%
SCHENCK ,
23%
  • SARTORIUS

  • POWER BUILD

  • SCHENCK

  • AVERY

  • IPA

  • Others

Organization Structure

Organization Structure

Organization Structure
Swot Analysis Strengths Weaknesses • Indigenous manufacturer of strain gauge based load cells and transducers. •

Swot Analysis

   
       

Strengths

Weaknesses

Indigenous manufacturer of strain gauge based load cells and transducers.

Lack of foreign collaboration in terms of technology.

Full fledged R& D.

Lack of marketing & promotion strategies.

More than 50 wide range of products.

Market share is very less.

20 sales & service centre’s all over the country.

Company is not making any effort in building brand image.

Opportunities

Capitalizion on the retail boom.

Enormous potential for exports.

Threats

Competitors are collaborating with world class leaders in weighing and automation equipments.

Great demand for automation

Fluctuations in the price of steel.

Attrition rate high -influence of high pay in MNC firms.

Findings  Competition in the field of automation is very high.  Efficient service after sales.

Findings

Findings  Competition in the field of automation is very high.  Efficient service after sales.
  • Competition in the field of automation is very high.

  • Efficient service after sales.

  • Exports products: Singapore, Srilanka & Egypt.

  • Production plan & design is made according to the customer’s specifications.

  • R & D doing great job in Innovation.

  • Most components are indigenously manufactured.

  • Proper departmentation in the organization.

Suggestion & Conclusion CONCLUSIONS: IPA being in the market for 33 years now is termed and

Suggestion & Conclusion

Suggestion & Conclusion CONCLUSIONS: IPA being in the market for 33 years now is termed and

CONCLUSIONS:

IPA being in the market for 33 years now is termed and recognized as

“The House of Weighing and Automation”.

SUGGESTIONS:

  • More specialized workforce is needed to increase the efficiency of the company.

  • Marketing strategies needs to be reviewed.

  • Company should initiate corporate & brand image building through effective promotional strategies.

My Learning  Practical aspects of Planning, Organizing, Leading, controlling and Decision making.  Interdependency of

My Learning

My Learning  Practical aspects of Planning, Organizing, Leading, controlling and Decision making.  Interdependency of
  • Practical aspects of Planning, Organizing, Leading, controlling and Decision making.

  • Interdependency of each departments and employees to help in achieving organizations vision and mission.

  • Importance of

*Training and development *Team effort.

*Time management.

  • *Cordial relations between top management and employees to increase the productivity.

Special Task  “Effectiveness of Human Resource Practices and Employee Satisfaction with reference to IPA Private

Special Task

Special Task  “Effectiveness of Human Resource Practices and Employee Satisfaction with reference to IPA Private
  • “Effectiveness of Human Resource Practices and

Employee Satisfaction with reference to IPA Private

Limited, Bangalore.”

Objectives

  • To find out the effectiveness of HR practices in IPA Private Ltd.

  • To identify the dependence of employee satisfaction on the various HR practices .

Research Methodology Type of research Methodology : Discriptive Research Sources of data : Primary data obtained

Research Methodology

Research Methodology Type of research Methodology : Discriptive Research Sources of data : Primary data obtained

Type of research Methodology : Discriptive Research

Sources of data: Primary data obtained from the employees of the company.

Tools of data collection: Convenience Sampling

Statistical Tools: Chi- Square Test.

Findings  Performance appraisal is good.  Recruitment processes is at right time.  Providing welfare

Findings

Findings  Performance appraisal is good.  Recruitment processes is at right time.  Providing welfare
  • Performance appraisal is good.

  • Recruitment processes is at right time.

  • Providing welfare measures to the employees.

  • Training and development programmes to improve technical and non-technical skills of the employees.

  • Appropriate grievance handling mechanism.

  • Need for employees skill development, education and growth.

  • Excellent Internal communication system.

  • Employee satisfaction is dependent on HR practices.

Suggestions  Should provide adequate medical facilities and allowances to the employees.  To maximize productivity

Suggestions

Suggestions  Should provide adequate medical facilities and allowances to the employees.  To maximize productivity
  • Should provide adequate medical facilities and allowances to the employees.

  • To maximize productivity managers need to identify the key success factors and motivate the employees to adapt the

management strategies.

  • The organization need to come up with new programmes for career development of the employees to gain confidence.

  • Can conduct monthly job related programmes to increase the productivity.

  • Should provide non-monitory benefits to the employees to increase their satisfaction level.

Conclusion  Human Resources are the wealth of the organization which can help in achieving vision,

Conclusion

Conclusion  Human Resources are the wealth of the organization which can help in achieving vision,
  • Human Resources are the wealth of the organization which can help in achieving vision, mission, objectives and goals of the organization.

  • Better HR practices - satisfy employees ,help to achieve their organizational goals.