15

Management Practices in Real Life

Embed Size (px)

Citation preview

Page 1: Management Practices in Real Life
Page 2: Management Practices in Real Life

MANAGEMENT PRACTICES IN REAL LIFEA Study

on“Mukim's Creation”

Prepared By:

Name Roll NoMohammad Shariful Islam 1010

Md. Bulbul Islam 1533

Ariful Islam 1969

Md. Ibrahim Rasel 2003

Md. Mahabubur Rahman 2357

Page 3: Management Practices in Real Life

Mukim’s Creation

• Started journey on year 2000• Set designing, event management, event planning, logistics provider

firm• A semi-formal organization/management• Did more than 2500 programs• Works with Bangladesh government, Asiatic events, Blues

communications, channel I etc• Did ICC World Cup 2011, Bangladesh games, T-20 world cup 2014,

Ettayadi, Meril Prothom Alo Award etc.

Page 4: Management Practices in Real Life

CLASSIFYING MANAGERS• First-line managers• Top managers

CEO

Technical Adviser COO

Sr. Manager Finance & Admin

Manager Operations

Manager - Technical

Executive Operation

Executives Graphics Designers

Engineers

Light Engineer Technical Engineer

IT Engineer

Others

Page 5: Management Practices in Real Life

MINTZBERG’s MANAGERIAL ROLES

Interpersonal Figurehead Perform social and legal duties, act as symbolic leader

Greet visitors Sign legal documents Attend ceremonies Host receptions

Leader

Direct and motivate subordinates, select and train employees

Do all types of interactions with subordinates

Liaison Establish and maintain contacts within and outside the organization

Business correspondence Participation in meetings with

representatives of other divisions or organizations.

Page 6: Management Practices in Real Life

MINTZBERG’s MANAGERIAL ROLESInformational Monitor Seek and acquire work-related

information Scan/read trade press,

periodicals, reports; Attend seminars and

training; Maintain personal contacts

Disseminator Communicate/ disseminate information to others within the organization

Send memos and reports; Inform staffers and

subordinates of decisions

Spokesperson Communicate/transmit information to outsiders

Pass on memos, reports and informational materials;

Participate in conferences/meetings

Report progress

Page 7: Management Practices in Real Life

MINTZBERG’s MANAGERIAL ROLESDecisional Entrepreneur Identify new ideas and initiate

improvement projects Implement innovations Plan for the future

Disturbance Handler Deals with disputes or problems and takes corrective action

Settle conflicts between subordinates

Choose strategic alternatives Overcome crisis situations

Resource Allocator Decide where to apply resources Draft and approve of plans, schedules, budgets

Set priorities

Negotiator Defends business interests Participates in and directs negotiations within team, department, and organization

Page 8: Management Practices in Real Life

OMNIPOTENT VIEW vs SYMBOLIC VIEW• Managers are directly responsible for Mukim's Creation’s success or failure.• The quality of Mukim's Creation is determined by the quality of its managers.• The performance of managers influences Mukim's Creation’s goals.

• Example 01:In BPL Opening Ceremony 2012, because of poor planning there was some technical difficulty. For this reason they were criticized by their clients.

• Example 02:In 2014, Mukim's Creation did a live concert for Grameen Phone. The program was planned and executed by Mukim's Creation. And it became highly profitable for Grameen Phone. So they decided to do that same concert in several district of Bangladesh with help of Mukim's Creation.

Page 9: Management Practices in Real Life

ORGANIZATIONAL CULTURE

Dimension Mukim's Creation Other organizationsAttention to detail Low LowOutcome orientation High HighPeople orientation High LowTeam orientation High MediumAggressiveness Low HighStability High MediumInnovation Very high Low

Page 10: Management Practices in Real Life

GLOBAL OUTSOURCING• Purchasing logistics/products in cheap from China. Example: Intelligent light, LED Wall, Truss, 5W

Laser etc• Creating custom designed products using cheap labor and easy technology from China. Example:

High-end video processor, LDP screen etc• Purchasing high tech products from USA and London. Example: APC40 controller, Visuals, Resolume

Arena etc• Hiring cheap labors from Dubai and Singapore while doing events in abroad. Example: CCMA, Khude

Gaan Raaj etc• Hiring specialized light engineer and sound engineer from India. Example: Classical Music Fest, Tri-

Nation music concert etc• Instead purchasing whole setup, hiring projection mapping team from Singapore to do show in cheap.

Example: World T20 Cup Opening Ceremony, Tri-Nation music fest etc• Purchasing fireworks from India which are more safe and cheaper than local fireworks. Example:

Bangladesh Games, ICC World Cup 2011 etc

Page 11: Management Practices in Real Life

THE DECISION-MAKING PROCESS

Mukim's Creation’s graphics design team needs new GPU

Memory………………………………………………………10 Display quality………………………………………….…08 Battery life………………………………………….………03 Warranty ……………………………………….…………..03 Carrying weight……………………………..……………04

NVIDIA GeForce GTX 980 NVIDIA GeForce GTX 690 AMD Radeon R9 295X2 AMD Radeon R9 290X NVIDIA GeForce GTX Titan Z NVIDIA GeForce GTX 780 TiAMD Radeon HD 7990 NVIDIA GeForce GTX 970 Lenovo Thinkpad HP Pavilion NVIDIA GeForce GTX 980 NVIDIA GeForce GTX 690 AMD Radeon R9 295X2 AMD Radeon R9 290X NVIDIA GeForce GTX Titan Z NVIDIA GeForce GTX 780 TiAMD Radeon HD 7990 NVIDIA GeForce GTX 970 Lenovo Thinkpad HP Pavilion

NVIDIA GeForce GTX 980 NVIDIA GeForce GTX 690 AMD Radeon R9 295X2 AMD Radeon R9 290X NVIDIA GeForce GTX Titan Z NVIDIA GeForce GTX 780 TiAMD Radeon HD 7990 NVIDIA GeForce GTX 970 Lenovo Thinkpad HP Pavilion

AMD Radeon R9 295X2

Graphics memory Memory speed Shader speed Maximum output Power requirement Render Output Units

Graphics memory………………………………….10 Memory speed………………………………………10 Shader speed…………………………………………10 Maximum output………………….……………….05 Power requirement……………………………….08 Render Output Units………………………………08

Page 12: Management Practices in Real Life

PLANSStrategic plans Purchase Truss and Catering products and start a

subsidiary business Make partnership/agreement with other similar

organizations, to help/look after each other

Operational plans Arrange brain-storming session before an event to discuss and generate ideas

Final recheck/confirmation with vendors about their responsibility 2 days before any program

Long-Term Plans Build own spacious warehouse Make arrangement for employee quarters Purchase cars for employee easy transportation

Short-Term Plans Setup an website before a program Mobile advertisement before a program

Specific Plans Plan and arrange an event for international singerSingle-Use Plan To meet the signal distance from set to panel for a

specific program; designed and then purchased some special extender

Page 13: Management Practices in Real Life

DEPARTMENTALIZATION

Manager - Technical

Graphics Designers

Engineers

Light Engineer Technical Engineer

IT Engineer

Others

Page 14: Management Practices in Real Life

DEPARTMENTALIZATION• Advantages:• Reasons behind Mukim's Creation for functional departmentalization are:• All technical people don’t have to face/suffer other problems beside their own problems.• All technical people work together, so they communicate better• All technical people can share their expertise easily• With their easy communication and altogether contribution they can do some specialized work in

event• • Disadvantages:• There are some disadvantages too for functional departmentalization. These are:• Poor communication with other functional areas• Limited view of organizational goals

Page 15: Management Practices in Real Life

THE END