View
230
Download
0
Category
Preview:
Citation preview
7/31/2019 MGT 1005038
1/21
Strategic management
assignment
Topic : analyse five public sector companies and five private
sector companies ,evaluate their vision statement and analyse
their operations are pace with their vision statement
Submitted To
Dr C S Sivaprakash
Faculty IMK Palayam
Submitted by
Vimal V
Roll No : MGT 1005038MBA (G)
7/31/2019 MGT 1005038
2/21
Canara bankVision
To emerge as a Best Practices Bank by pursuing global benchmarksin profitability, operational efficiency, asset quality, risk
management and expanding the global reach.
Present position
Canara Bank is an Indian state-owned financial services company
headquartered in Bangalore, Karnataka. It was established in1906, making it one of the oldest banks in the country. As on 2009
November, the bank had a network of 3057 branches, 4000atms
spread across India. The bank also has offices abroad
in London, Hong Kong, Moscow, Shanghai, Doha, and Dubai
.Widely known for customer centricity. Today, Canara Bankoccupies a premier position in the comity of Indian banks. With an
unbroken record of profits since its inception
7/31/2019 MGT 1005038
3/21
Analysis
Canara Bank follow their vision by
Canara Bank was ranked at 816 in the Forbes Global 2000 list
The bank also has offices abroad in London, Hong
Kong, Moscow, Shanghai, Doha, and Dubai
Widely known for customer centricity The bank is with an unbroken record of profits since its inception
Conclusion
Carnara bank almost work with their vision statment .but in some
areas they fail to adopt their vision strategy
7/31/2019 MGT 1005038
4/21
Hindustan aeronautics Ltd
Vision" To become a significant global player in the aerospace industry
Present position
Hindustan Aeronautics Limited (HAL) based in Bangalore, India, is one
of Asia's largest aerospace companies. Under the management of
the Indian Ministry of Defence, this state-owned company ismainly involved in aerospace industry, which includes
manufacturing and assembling aircraft, navigation and related
communication equipment, as well as operating airports.
7/31/2019 MGT 1005038
5/21
Analysis
HAL follow the vision by
HAL built the first military aircraft in South Asia and is currentlyinvolved in the design, fabrication and assembly of aircraft, jetengines, and helicopters, as well as their components and spares.
The German engineer Kurt Tank designed the HF-24 Marut fighter-bomber, the first fighter aircraft made in India.
Hindustan Aeronautics has a long history of collaboration withseveral other international and domestic aerospace agencies suchas Airbus, Boeing , Sukhoi Aviation Corporation, Israel AircraftIndustries, RSK MiG, BAE Systems, Rolls-Royce plc, DassaultAviation, Dornier Flugzeugwerke , the Indian AeronauticalDevelopment Agency and the Indian Space Research Organisation.
ConclusionThe HAL work with their vision statement ,but there was lot of
limitation for HAL to achieve the vision
7/31/2019 MGT 1005038
6/21
Steel Authority of India Ltd
vision
To be a respected world class corporation and the leader in Indian
steel business in quality, productivity, profitability and customer
satisfaction.
Present position
SAIL is one of the largest state-owned steel makers in India and one of
the top steel makers in World. With a turnover of 48,681 crore,
the company is among the top five highest profit earning
corporate of the country. It is a public sector undertaking which
trades publicly in the market is largely owned by Government of
India and acts like an operating company. Incorporated on January24, 1973, SAIL has more than 1 lakh employees .During 2010-
11,the manpower of SAIL reached a level of 110794 from 116950.
With an annual production of 13.5 million metric tons, SAIL is the
14th largest steel producer in the world.
7/31/2019 MGT 1005038
7/21
Analysis
SAIL follow their vision by
SAIL was featured in the 2008 list of Forbes Global 2000
companies at position 647.
Golden Peacock Award for Combating Climate Change 2008 for
BSP, Occupational Health and Safety 2008 for BSL
The company is among the top five highest profit earningcorporates of the country.
Conclusion
The SAIL achieve the vision to a limited extend . They can't achieve
the vision in several areas
7/31/2019 MGT 1005038
8/21
BHELvision
A global engineering enterprise providing solution for a bettertomorrow
Present position
one of the oldest and largest state-owned engineering and
manufacturing enterprise in India in the energy-related and
infrastructure sector which includes Power, Railways, Transmissionand Distribution, Oil and Gas sectors and many more. BHEL was
established more than 50 years ago, ushering in the indigenous
Heavy Electrical Equipment industry in India. The company has
been earning profits continuously since 1971-72 and
paying dividends since 1976-77.[
74% of the total power generatedin India is produced by equipment manufactured by BHEL.
7/31/2019 MGT 1005038
9/21
Analysis
The BHEL achieved their vision by
It is the 12th largest power equipment manufacturer in the world.
In the year 2011
It ranked ninth most innovative company in the world by US
business magazine Forbes. BHEL is the only Indian Engineering company on the list , which
contain online retail firm Amazon at the second position with
Apple and Google at fifth and seventh positions ,respectively.
It is placed at 4th place in Forbes Asia's Fabulous 50 List of 2010
Conclusion
BHEL work with their vision and they achieve their vision accordingly
7/31/2019 MGT 1005038
10/21
Punjab national bankVision
To be a Leading Global Bank with Pan India footprints and become a
household brand in the Indo-Gangetic Plains providing entire
range of financial products and services under one roof
Present position
Punjab National Bank is an Indian financial services company basedin New Delhi. PNB is the third largest bank in India by assets. It
was founded in 1894 and is currently the second largest state-
owned commercial bank in India ahead of Bank of Baroda with
about 5000 branches across 764 cities. It serves over 37 million
customers. The bank has been ranked 248th biggest bank in the
world by the Bankers Almanac, London. The bank's total assets for
financial year 2007 were about US$60 billion. PNB has a banking
subsidiary in the UK, as well as branches in Hong Kong, Dubai
and Kabul, and representative offices in Almaty , Dubai, Oslo, and
Shanghai.
7/31/2019 MGT 1005038
11/21
Analysis
The PNB follow their vision by
Punjab National Bank was ranked #26 in the Fortune India500 ranking of 2011
Punjab National Bank was ranked #1243 in the Forbes Global2000.
PNB is the third largest bank in India by assets
It serves over 37 million customers. . The bank has been ranked 248th biggest bank in the world by
the Bankers Almanac, London
PNB has branches in aboard
Conclusion
The PNB almost achieve their vision , and bank is work with the visionfor the future
7/31/2019 MGT 1005038
12/21
Tata steel Vision
Our vision is to be the global steel industry benchmark for value
creation and corporate citizenship.
Present position
Tata Steel Limited is a multinational steel company headquartered in
Mumbai, India and subsidiary of Tata Group. It is the tenth
largest steel producing company in the world, with an annualcrude steel capacity of 23.5 million tonnes, and the largest
private-sector steel company in India measured by domestic
production. Tata Steel is also India's second largest and second-
most profitable private-sector company, with consolidated
revenues of $26 billion and net profit of over $1.9 billion in the
year ended March 31, 2011. Tata Steel is the eighth most-valuable
Indian brand according to an annual survey conducted by Brand
Finance and The Economic Times in 2010. It is currently ranked
410th in the Fortune Global 500. It has also been listed as World's
most ethical companies by Forbes.
7/31/2019 MGT 1005038
13/21
Analysis
Tata steel follow their vision statement by
Tata is the tenth largest steel producing company in the world Tata is the largest private-sector steel company in India measured
by domestic production
Tata Steel is also India's second largest and second-most profitable
private-sector company
It has also been listed as World's most ethical
companies by Forbes.
Tata is now a multinational with operations in various countries
The company was also recognized as the world's best steel
producer by World Steel Dynamics in 2005
Conclusion
Tata steel achieve their vision and now they are work with it future
growth of the company
7/31/2019 MGT 1005038
14/21
VideoconVision
To delight and deliver beyond expectation through ingenious strategy,
intrepid entrepreneurship, improved technology, innovative
products, insightful marketing and inspired thinking about the
future.
Present position
Videocon is an industrial conglomerate headquartered in Gurgaon(NCR Delhi) with interests all over the world, and is an Indian
multinational company. The group has 17 manufacturing sites
in India and plants in China, Poland, Italy and Mexico. It is also the
third largest picture tube manufacturer in the world. The group is
a USD 4 billion global conglomerate. The Videocon group has an
annual turnover of 4 billion USD, making it the largest consumer
electronic and home appliance companies in India. Since 1998, it
has expanded its operations globally, especially in the Middle East.
Today the group operates through six key sectors. The Brand Trust
Report, 2011 has ranked Videocon as the 42nd most trusted brand
in India among the top 300 brands.
7/31/2019 MGT 1005038
15/21
Analysis
Videocon follow their vision statement by
They offer wide variety of products with better quality and
technology competency
The Videocon group is largest consumer electronic and home
appliance companies in India Videocon enter in to telecommunication segment
Videocon setup plant in aboard
Conclusion
Videocon completely achieve their vision and now they are more
focused on their vision and continuously work with it
7/31/2019 MGT 1005038
16/21
7/31/2019 MGT 1005038
17/21
Analysis
ITC follow their vision statement by
ITC is the only Indian FMCG company that features on the Forbes
Global 2000 rankings for 2009 at position 987.
ITC also featured on the Forbes World's Most reputable
Companies List at position 95 ITC e-choupal creatively leverages information technology to set
up a meta-market in favour of India's small and poor farmers, who
would otherwise continue to operate and transact in 'un-evolved'
markets.
ConclusionThe ITC almost achieve their vision and they are work with it for
further growth of company
7/31/2019 MGT 1005038
18/21
Axix bank
VISION 2015:
To be the preferred financial solutions provider excelling in customerdelivery through insight, empowered employees and smart use oftechnology
Present position
Axis Bank Limited, formerly UTI Bank, is an Indian financial services firm
that had begun operations in 1994, after the Government ofIndia allowed new private banks to be established. The Bank waspromoted jointly by the Administrator of the Specified Undertaking oftheUnit Trust of India (UTI-I), LIC,GIC., National Insurance CompanyLtd., The New India Assurance Company, The Oriental InsuranceCorporation and United India Insurance Company. UTI-I holds a
special position in the Indian capital markets and has promoted manyleading financial institutions in the country. The bank changed itsname to Axis Bank in April 2007 to avoid confusion with otherunrelated entities with similar name
7/31/2019 MGT 1005038
19/21
Analysis
The Axix bank followed the vision statement by
Axis Bank one of the largest private sector financer in India for
Agriculture loans wiz Retail Agri & Corporate Agri
Holds a special position in the Indian capital markets and has
promoted many leading financial institutions in the country. Axis Bank is the first bank in the country to provide a secure debit
card-based payment service over IVR
The Bank has a very wide network of more than had a network of
1,493 domestic branches and extension counters and 8,324 ATMs
situated in 971 cities and town.Conclusion
Axix bank work with their vision strongly and they are achieving the
vision
7/31/2019 MGT 1005038
20/21
Toyota
Vision Delight our customers through innovative products, by utilising
advanced technologies and services.
Ensure growth to become a major player in the Indian autoindustry and contribute to the Indian economy by involving allstakeholders.
Become the most admired and respected company in India byfollowing the Toyota Way.
Be a core company in global Toyota operations.
Present position
Toyota multinational automaker headquartered in Toyota, Aichi,
Japan. In 2010, Toyota employed 317,734 people worldwide, andwas the world's largest automobile manufacturer in 2010 byproduction. Toyota is 7th in manufacturing of vehicle in India
7/31/2019 MGT 1005038
21/21
Analysis
Toyota strictly follow their vision statement by , Providing innovative and technologically improved product in all
over the world including India
They are the leader in the hybrid segment and SUV segment.
They create a good brand value among Indians following the
Toyota way They are the seventh largest manufacture of automobile in india
(four wheeler segment)
Conclusion
Toyota strictly follow their vision and almost achieve the vision
Recommended