ASSIGNMENT ON BEXIMCO

PHARMACEUTICALS LTD.

TOPIC NAME: ORGANIZATION NEEDS TO DESIGN RIGHT FOR

BUSINESS SUCCESS

Group Members List ID

Kazi Habiba Islam 112-141-048

Rimi Farhana Tinni 112-151-014

Maria Parveen 112-141-003

Syed Saiful Islam 112-151-065

Sanjida Afrin Khan 112-151-066

DEFINING ORGANIZATION DESIGN AND DEVELOPMENT

COMPANY OVERVIEW

Beximco pharma is supposed to be Bangladesh's largest private sector in bangladesh. BEXIMCO was founded in the 1970’s by two brothers – Ahmed Sohail Fasiur Rahman and Ahmed Salman Fazlur Rahman. Diversified group with a presence in industry sectors that account for nearly 75% of Bangladesh’s GDP. BEXIMCO is the largest employer in the private sector in Bangladesh and employs over 48,000 people worldwide. The Group consists of four publicly traded and seventeen privately held companies. The Group had total revenues of $834 million in the year ended December 31, 2010.

BUSINESS AREAS OF BEXIMCO GROUP

Textiles Trading Marine food Real estate development Hospitality construction Information and communication technologies Media

REASONS BEHIND LEADING POSITION

The following variables plays the most important part behind the success of Beximco Pharmaceuticals Ltd. in Bangladesh and also across the globe.        

  They are- New Technology New Innovation. Nation Wide Distribution Strength. New People Experienced Work.

Departments of Beximco pharma:

The following major departments coordinate the activities of BPL:1)      Central Product Management Department2)      Human resource Planning Department3)      Purchase Department4)      Sales Department5)      Sales Education and Training Department6)      Medical Services Department7)      Business Research and Development Department8)      Market Research and Statistical Cell Department (MRC)9)      International Marketing10)  Fine Chemicals Department11)  MIS Department12)  Finance and Accounts Department

   

HR MODEL OF BPL

HR MODEL•QUALITY•PRODUCTIVITY•READINESS FOR CHANGES

HR MODE

L

ORGANIZATION JOB DESIGN

JOB SATISFACTI

ON

HR PLANNI

NG

MOTIVATION

APPRAISAL

PERSONAL INFORMATI

ON

JOB

EMPLOYEE ASSISTANT

ORGANIZATION DEVELOPMENT

ORGANIZATIONAL CHART OF BPL

REGIONAL ORGANIZATION STRUCTURE

DECISION MAKING POLICY: Each level accept the information, absorb it

and then act on it & move it to the next level Beximco pharma’s multiple layers of authority

give the approvals for decision. Beximco pharma has several rules and

procedures which made by each layer of management, it means that employees who work several layers down in the company have a great many rules and procedures to follow.

It provide a clear, distinct layers with obvious lines of responsibility and control and a clear promotion structure.

RENESIS LIKERT ORGANIZATION SYSTEM

System 1 System 41. In order to tall structure employees cannot collaborate easily with other departments or workers many levels above or below them. Lack of collaboration and teamwork sometimes means that some new ideas and innovations may never reach production.

1. Though the goal setting and decisions towards the goal is somewhat dictated by the top managers, mid level managers encourages the subordinates and sales people to establish and reach those goal. Sometimes mid level managers and subordinates get self encouraged for the higher compensation.

2. As the number of managerial levels increases, it takes longer for information to move up and down. As communications pass from manager to subordinate the message may become filtered or distorted.

2. Management has complete confidence in their subordinates/employees. So the promotion is more easier for high performer.

3. Important decision making & control process are taken only from the top.

3. Sometimes mid level managers such as regional managers take small decisions based up on the situation.

•Primary data•Secondary data

Limitation of the study

METHODOLOGY

Slow Decision-MakingSense of Job SecurityCostHampers InnovationConsiderationsManagementEmployeesCommunication

DATA FINDINGS AND ANALYSIS

Give the right directionInformal socializingMore standardizationIncrease horizontal communicationUsing electronic communicationFinding right talentFlexibility

Every organization needs a structure in order to operate systematically. The organizational structures can be used by any organization if the structure fits into the nature and the maturity of the organization.As Beximco pharma is both centralized and decentralized for different situation and core values are cherished by everyone within the organization, operating and developing the structure is not so easier it seems.