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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)

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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

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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

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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.

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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

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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.

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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

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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.

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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

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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.

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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

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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.

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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

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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.

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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

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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

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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

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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

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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

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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