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MGT - Report On MASCO
MGT - Report On MASCO
Sec - 3
Report on
Team Members
Dear Sir,
We are glad that we have been successful to submit the report on
Managerial Activities of Masco Group of Industries. We have done our level
best to fulfil all the requirements of the report.
Therefore, we would like to thank you for giving us the opportunity to
exercise what knowledge we have gained from this course and also for your
continuous guidance and encouragement.
Sincerely yours,
At first we would like to thank KH.ASEF SAFA KABIR sir for giving us the
support, courage and opportunity to work on this report. Throughout our
course we have learnt a lot and have gathered lot more professional
experiences and we had an opportunity to communicate with a vast amount
of people and so on.
We are grateful to those people without whom it would have been quite
impossible for us to do the survey regarding this entire report. During
preparation we had to overcome some major difficulties and enjoyed our
each and every moment on making this report.
Last but not the least; we would like to express our sincere gratitude and
indebtedness to the authority of North South University for their kind co-
operation.
Table of Context
1 Company history 5
2 Major divisions 5
3 Services 7
4 Market 7
5 Customer 7
6 Mission 7
7 Vision 7
10 Managerial roles 10
11 Managerial skills 11
13 Managerial approach 12
17 PEST analysis 19
19 Managerial issues 23
Company History
Majors Divisions:
Terry division: They are one of the leading manufacturers and exporters of
Terry Towels, Terry Bathrobes, Fancy Towel, Kitchen Towel, Bath Mats, and
Terry Fabric from Bangladesh. The company uses eco-friendly dyes in all the
products that they manufacture.
Knitting division: Masco Industries Limited is a total assurance to its
products and customers has helped it grow from a knit fabric manufacturer
to a composite and garment manufacturer. Masco Industries Limited is a
pioneer in introducing European technology in knit fabric manufacturing in
this country.
• Terry Towels
• Terry Bathrobes
• Fancy Towel
• Kitchen Towel
• Bath Mats
• Terry Fabric
• T-Shirt
• Polo Shirts
• Shorts
• Baby
• Children
• Embellished items
Customer: The main customers of the company are Wal-Mart from Canada,
Zara from Spain, kappa from Italy, NV (Naamloze vennootschap) from
Netherlands. Even though they serve foreign countries, they target their
market in the country too.
Here in the Masco Industries Limited Mr.Nayan Dutta deals directly with
foreign clients and take orders from them. Look after the company’s
promotion and Deals with the subordinates regarding the promotion.
Motivate the officers through different incentives.
• Creative thinking
• Self-motivation
• Organizational skills
• Communication skills
• Marketing skills
• Financial skills
And so on. But above all of this he tries to be contingent of the situation that
he faces during his work so that he can work accordingly.
Interpersonal Roles :
Figurehead: He handles the workings of the marketing department
employees. Any marketing related decisions are taken by him and the
higher authority. He receives the visitors and gives them the
appropriate information.
Liaison: In the company, he communicates with his higher authority
as well as the employees. Horizontally and vertically, he serves the
link of communication.
Informational Roles :
Disseminator: The order and the permissions he gets from the
authority, he inform those to the subordinates. He informs them the
selected data according to their necessity.
Spokesperson: He transmits company’s selected information to the
clients to ensure them about the quality maintained for the product.
He also tries to provide them the accurate information in which they
trust on the company.
Decisional Roles :
Negotiator: He participates in many business programs on behalf of
MASCO Company with the other companies. He ensures the
represented information are correct and influence their
customers .Recently, he has attended the ‘Heimtextile’ trade fair in
Germany.
Managerial Skills:
Managerial Approach: The managerial style and values of Mr. Nayan Dutta
is more like to follow participating style management .He beliefs that
decisions should be taken according to the situation and it should be more
realistic. In some cases, autocratic decision works best as it is more focused
and less time oriented. But on the other hand, a group decision is more
helpful as it has the combination of many different skills. The managerial
decision, workings and techniques should be logical at its situational demand
.So, it can be said that, his managerial styles and values are more likely to
contingency approach. He deals with many different situations with different
appropriate situation.
Strength:
Educational Qualification.
Skills
Honesty.
Weakness:
Opportunity:
Marketing warfare.
Collaboration.
Technological fraud.
Strength:
Quality products.
Developed equipment.
Modern building structure of the factory.
Fire threats covered.
Strong networking system.
Well organized office.
Strong marketing team.
Weaknesses:
Opportunities:
Very competitive product price development.
Growth of market share is mentionable.
Becoming a major hub for local textile sector.
Buyers are showing interest from abroad.
Threats:
Strength:
In the interview with the marketing manager Mr. Nayan Datta took
us with him to show how they covered the fire threat. I counted
over 100 plus Carbon Dioxide Fire Extinguishers. The manager
assures us that the fire threat of the factory is under cover.
Masco group of industries have four branches. They are very far from
each other. So when they need something to move from one place to
another they face some problem. Mr. Nayan Datta told us that
sometimes they need to move some machine from one factory to
another. They face transportation problem then. Because those
machines are too heave to move. So contact with one branch to
another is sort of weakness for Masco group of industry.
Opportunities:
Buyers from abroad are showing very good interest and Masco group
are trying to open their chain with this advantage. It might help them
to increase their growth.
Threats:
The industrial areas are 24/7 active. In history, we found unrest work
place is a big threat for textile industries.
PESTEL:
PESTEL Analysis:
Political factors must influence workers. In order to keep everything
okay Masco authority should create rules and make the workers follow
those rules.
Social factor is very important for any company. Masco group already
follow some social factors. They have insurance for the worker so that
if any worker accidently make him injured then Masco group finance
him to cure from their fund.
CSR is a process with the aim to embrace responsibility for the company's
actions and encourage a positive impact through its activities on the
environment, consumers, employees, communities, stakeholders and all
other members of the public sphere who may also be considered
stakeholders. Corporate social responsibility may also be referred to as
"corporate citizenship" and can involve incurring short-term costs that do not
provide an immediate financial benefit to the company, but instead promote
positive social and environmental change.
Today's shoppers aren't just looking for the best price and quality, they
expect the companies they patronize to do well with their dollars and make a
positive impact on the world around them. To this end, the company Masco
has its own potential CSR activities that involve participation in society’s
benefit.
Dealing with ethical issues: There are many ethical issues that a manager
faces. And thus by be moral a manager finds its path to deal with it. As we
have a interviewed a manager from the company named Masco he told us
he did not face that big moral or ethical issues. He though had faced some
small issues but he dealt it with care and responsibly.
Planning for his job: Mr. Nayan Datta plans his job like any other manager
from any other company. But of course there is a difference. He plans his
job as such way that he will finish his work accordingly and in punctual way.
And if the work does not get finished then he would put the work for
tomorrow and finishes it by then. Though he tries his best to finish it early.
And between his works he takes his time to look at his subordinates’ works,
if they are working properly. Suggest his ideas to his superior to improve his
department. And communicate with other department to cope with their
situation. He works calendar wise as in up to date. He uses the resources in
responsible and in care way so that he can finish his work well.
Most people agree that the following duties normally fall under HRM. Each of
these aspects has its own part within the overall strategic plan of the
organization. In smaller organizations, the manager or owner is likely
performing the HRM functions. They hire people, train them, and determine
how much they should be paid. Larger companies ultimately perform the
same tasks, but because they have more employees, they can afford to
employ specialists, or human resource managers, to handle these areas of
the business. As a result, it is highly likely that as a manager will be
performing HRM tasks.
Job rotation: This practice assigns different jobs or tasks to different people
on a temporary basis. The idea is to add variety and to expose people to the
dependence that one job has on other jobs. Job rotation can encourage
higher levels of contributions and renew interest and enthusiasm. The
organization benefits from a cross-trained workforce.
And thus in such way the manager from the marketing depatment keeps his
subordinates motivated and enthusiastic of their jobs.
The manager has to monitor the activities of his team and the external
forces. Without that monitoring the manager won't know whether your plan
is working or if it needs to be adjusted. And he must then control those
elements that he can control to keep everyone moving toward the goal.
Here are some additional aspects that the manager Monitor and
Control:
You Can't Manage What You Don't Measure: The manager cannot
manage for improvement if he does not measure to see what is getting
better and what is getting worse.
Don’t Let Process Get In The Way Of Results: The manager does not
focus on so much monitoring task that he does not take control and make
the changes that are necessary.
Recommendation
This report is presented on ‘’Masco Group of Industries’’ which came out
clear, correct and concise with the help of the marketing manager Nayan
Dutta. We are recommending some issues of the manager which impressed
us and inspired also. These are given below:
Conclusion
Above all, this company should look over the problems that preventing their
development and improve all over services.
1. http://www.mascobd.com/
2. https://www.linkedin.com/company/masco-group-bangladesh
3. http://www.mascoknit.com/
4. http://www.mascobd.com/product_details.php?
5. http://www.mascobd.com/picture_gallery.php
6. Management 11e Robert Kreitner.
7. Star Mack philosophical business , writer.