sidrah fatimah mc070401407 mba hrm virtual university of pakistan

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Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan www.vustudents.ning.com

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Page 1: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Sidrah Fatimahmc070401407

MBAHRM

Virtual University of Pakistan

www.vustudents.ning.com

Page 2: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Reliance Weaving Mills Ltd.

Page 3: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Brief Introduction of the Organization

RWML started its production on April, 1990. RWML is ISO certified. There are 2000 employees working. Manufacturing of Yarns and fabrics as per the

customer’s requirement and market demand. Exploring the global market with special

emphasis on Europe, US & East.

Page 4: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Keeping pace with the rapidly changing technology by continuously balancing, modernization and replacement of plant and machinery.

Recruiting, developing, motivating and retaining the personnel having exceptional ability and dedication by providing them good working condition, performance based compensation, attractive benefit program & opportunity for growth.

Protecting the environment and contributing towards the economic strength of the country and function as a good corporate citizen.

Page 5: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Business Volume

RWML business volume is 4 Billion Rupees.

RWML is listed in KSE & LSE.

RWML annual production capacity is 60 million meters fabric & yarn.

Page 6: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Competitors

Mehmood Textile (Weaving) Mills Gulshan Weaving Mills Kohinoor Weaving Mills Jubilee Spinning & weaving Mills Elahi Spinning & weaving Mills

Page 7: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Organizational Hierarchy

CEO

Board of Directors

Chief Finance Officer

GM Marketing

Manager HR Manager IT

GM Production

Page 8: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Training Program

Departments Task

Accounts Received Orientation, Prepare local sales voucher, Dispatch Report

Planning/Co-ordination/HR

Received Orientation, Arrange training workshop for employees.

Marketing Received Orientation

Spinning/ Production Received Orientation

Weaving Received Orientation

Lab Testing Received Orientation

Page 9: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Structure of HRM Department

Chief Executive officer

Board of Directors

Manager HR

HR Administration

Employees Development

Labor RelationsWorker Welfare

Board

HR Officer HR Officer HR Officer

Page 10: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

HRM Process in the Organization

Human resource management team is highly motivated.

RWML is using Zero-base forecasting and Bottom-up forecasting.

Employees recruitment & selection is done by BOD through internal & external recruitment.

Performance report written down on monthly & annually.

Page 11: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

The Compensation & benefits are judges by the Board of Directors & HR department.

The following compensation and benefits are giving to the employees:

1) Salary increments on yearly basis2) Bonuses 3) Reward on exceptional performance4) Reward on Target achieving5) Employees and there family Medical

care6) Employees Life Insurance7) Employees children education

planning through worker welfare board.

Page 12: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

RWML career management: Promotion Transfer Demotion

Separations Layoff Termination Resignation Retirement

Page 13: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Critical Analysis

The Human resource Department is not efficiently handling the politics in working environment.

HRP should be improve. Employees can not efficiently handle the computer

based environment. Employees have some reservation about the safety

measures. HR policies are not properly implemented Employees are not satisfied with the reward system.

Page 14: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

SWOT Analysis of the Organization

Strengths:

Brand Name Raw Material is the strength for industry. Manpower is also the strength of the company. Company has its own power generation system. High quality Product. Company has latest machinery. Stable market position.

Cont…..

Page 15: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Plenty of financial resources. Equipped with computer base environment. Company location is a strength for the

company. Worker welfare board. Company situated in cotton producer region. Listed in KSE & LSE.

Page 16: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Weakness

There is not a sufficient Research & Development.

Company is more dependant on Cotton. Poor Infrastructure. Insufficient Employees safety measures. Less promotional activities. Over workload on workforce. Medical Insurance is only for production staff. It

should be for all employees.

Page 17: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Opportunities:

Pakistan Demographically is an ideal place to export the products.

Collaboration with foreign exchange RWML has the access to the US market,

Europe Market and Far East China Nationwide business expansion of the business. Efficient incentives, Bonus and reward system

for employees.

Cont…..

Page 18: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Member of International textile association and Member of Trade Development Authority of Pakistan.

RWML can create an opportunity by expanding the product line.

Page 19: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Threats:

New Competitors. Unstable Economic conditions of the country. Power supply failure’ RWML own power

generation is expensive. Short fall in production of Cotton. GAS supply shut down in winter season. Political instability of the country. Government policies and new Taxation is the

threat for the company.

Page 20: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Conclusion

RWML is powerful competitor in textile industry. There is lack of Training workshops for

production staff. Medical insurance is only for production staff it should be

for all employees. HRP is not working properly. So, HRP should be improve. RWML; considers its employees as the most valuable

assets than RWML should provide safety while working. There is not well trained staff to handle computer base

environment. RWML should focus on R&D.

Page 21: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Recommendations The HR department is only at Group Level, it

should be at the Mill unit. So, that the HR can perform well to solve problems.

There should be a department for safety and security at Mill for employees.

Complete Uniform and Ear plugs must be available for employees working at plant.

Working conditions should be improved to increase the productivity of employees.

Some training classes should be arranged for trainings of employees.

Cont....

Page 22: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

There are some conflicts among the employees and officers. So, it is the responsibility of higher management to take some steps to improve that.

Working environment, Equipment and safety dressing should be according to the modern standards.

Upgrade Human Resource Process.

Page 23: Sidrah Fatimah mc070401407 MBA HRM Virtual University of Pakistan

Thank You