PRINCIPAL OF

MANAGEMENT

Presentors:

Aneela Fajar

Aqsa Abid

Farzana Mehtab

Mahak Shahbaz

Maria Gulzar

Muqadsa Amber Saeed

CHEN ONE

1. Analysis of Chen one

2. Vision/Mission Statement of Chen One

3. Functions of Chen One

• Planning

• Organization

• Leading

• Controlling

CONTENT OF

PRESENTATION

Analysis of chen oneIntroduction

1. It’s a fashion cloths.

2. Established in 1999.

3. Use in fashion industry and usually elite class use it.

4. The success of the chen one is quite impressive so they open

more store of chen one in the different areas of Pakistan like

Rahim yar khan, Lahore, Faisalabad, Bahawalpur, Sahiwal.

Vision and mission statements…Vision:

Chen one wants to be more comparative by offering standard products to be

customer and clients.

Mission: To be most preferred business

To be a change leader

To produce product according to market demand

To set unique standard to support their brand image

PLANNING AT CHEN ONE What is planning ?

The process of making plans for something is called planning.

Importance of planning

Planning is important for achieving its goal.

Developing plans for organizational work activities

Specific goals covering a specific time period

Short term:

Short term planning refer to strategies which are made for near future.They start online sales systemThey also expanding their system outside Pakistan like in UAE Saudi Arabia

Long term :

Long term planning refer to strategies which are made for 10 to 15 years Chen one focus more on quality than profitability Now its number one store in Pakistan.

Planning Phases:

Chen one offers clothing's, footwear, bed linen,

kitchen accessories, and furniture.

Clothing Footwear

Bed Linen Kitchen accessories

Furniture

What is Organizing?

Organizing is a second function of management , at the first step one make the plan but at the second step the implementation of those plans have to be done.

Spinning :It’s a first step now its done by the machines rather than labor which is

more costly.

Weaving :Its done after spinning firstly it was done by labor which take longtime

new machines done it more efficiently.

Processing :All these processes are done by highly trained staff.

Organizing inventory

Organizing process starts when stock is in

warehouses.

They manage stock in such way which is

convenient for all.

They receive clothing for parent company so there

is no problem of over stock.

LEADING AT CHEN ONE

Introduction:

Chen one is the name which is stands for changing life style forever Chen one is not only the retail outlet but also they provides their customers comfort and satisfaction.

Types of Leading:

• Autocratic leadership • Democratic leadership• Laissez-fair leadership

Leading at Chen One

Autocratic leadership:

Upper level of management use the autocratic

leadership. They make different policies for achieving

goals but they do not let employees to be a part of it.

Democratic leadership:

In the lower level management use democratic

leadership here they consent with employees and let

them be a part.

Laissez-fair leadership :

Chen one does not use this leadership style.

MANAGERSAS FACILITIESMANAGERS ALSO WORK AS FACILITATORS THEY

MAKE BOUNDARIES ACCORDING TO THE PROBLEM

COMPANY FACING.

TASK AND BONUSMANAGEMENT GIVE DIFFERENT TASK TO

EMPLOYEES IF THEY DONE GIVEN TIME THEY GET

DIFFERENT INCENTIVES.

Leading at chen one

Introduction:

Controlling is fourth function of management

in which we compare performance of predetermined

standards plans or objectives in order to determine whether

performance is in line with these standards.

Controlling at chen one

Keep check and balance

Establishing performance standards

Comparing actual performance against

standards

Taking corrective action when necessary

Maintain records

Main points under controlling are

contd…

KEEP CHECK AND BALANCE:

check daily routine process and maintain the records

ESTABLISHING PERFORMANCE STANDARDS:

They tell employees what they have to do

Avoid common mistakes which cause loss for organization

Main points contd…

• COMPARING ACTUAL PERFORMANCE AGAINST STANDARDS:

The comparing step determines the degree of variation between actual

performance and standard.

• TAKING CORRECTIVE ACTION WHEN NECESSARY:

Companies succeeded because they take correct step at right time.

Chen one also take reason able steps and actions to maximize the profit.

Chen one has been highly successful over

the years. Overall with its marketing

activities Chen one has been successfully

brand. Research shows that Pakistan

customers are highly attracted to this sort of

offers like discount, gifts and loyalty brand.

That’s the reason Chen one in future will

target the upper middle and middle class.