HR Practice in BBS Cables LTD.Final

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  • HR Practices in Bangladesh: A Study of BBS Cables Ltd. 2015

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    Chapter-1

    Prefatory Part

  • HR Practices in Bangladesh: A Study of BBS Cables Ltd. 2015

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    1.1: Introduction

    This report is prepared for fulfilling the course requirement of MBA (Evening)

    Program. As the classroom discussion alone cannot give proper picture of real

    business situation, therefore it is an opportunity for the students to know about

    real life situation through this program. Dissertation program is very essential

    for every student, especially for the students of business administration, which

    helps them to know real existing situation. For this reason a student takes the

    dissertation program at the last stage of the MBA degree, to launch a career

    with some practical experience. I have made this dissertation report on HR

    practices in Bangladesh. This report is about Human Resource practices of

    Bangladesh: A Study of BBS Cable Ltd. I wanted to work on this topic

    because, Human Resource Management is very important in business

    organization. No business organization can be a successful one without a sound

    HRM practice. On the other hand BBS Cables is one of the large power cable

    producers in Bangladesh. So definitely their HRM practice is strong & different

    from the competitors. For all of these reasons I have made this report on

    "Human Resource Practices in Bangladesh: A Study of BBS Cables Ltd

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    1.2: Background of the Report

    There is no doubt that the world of work is rapidly changing. As part of an organization

    then, HRM must be equipped to deal with the effects of the changing world of work. For

    them this means understanding the implications of globalization, technology changes,

    workforce diversity. Changing skill requirements, continuous improvement initiatives

    contingent workforce, decentralized work sites and employee involvement are the issue

    for confront. Now it is a big challenge for the HRM to support the organization by

    providing the best personnel for the suitable position in shortest possible time. Starting

    with recognizing the vacancies and planning for them is a great task. Moreover selecting

    attracting the suitable candidates and selecting the best person in time is a challenge.

    The cost of the recruitment is significant. So, proper planning and formulate those plan is

    the task that require more focus and improved. Equal opportunity and sourcing is also a vital

    part. Realizing this need we tried to find the difference and similarities between theoretical

    aspects with the practical steps taken by the company. We took an attempt to demonstrate

    the feature for the further improvement.

    1.3: Objectives of the report

    The objectives of the proposed study Overall HR Practices of BBS Cables Ltd. are as

    follow:

    o To acquire practical knowledge on HRM practice

    o To identify the HRM practices of BBS Cables Ltd.

    o To know the functions of various departments of HRM

    o To be familiar with the recruitment and selection process

    o To know the system of attendance & leave management.

    o To know the training policy of BBS Cables Ltd.

    o To know the performance management of BBS Cables Ltd.

    o To acquire practical experience except institutional knowledge.

    o And more on HRM practices.

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    1.4: Scopes of the Report

    In this report I am trying to introduce how Human Resources Management is practicing in

    Bangladesh. For this reason I will study the HR practices in BBS Cables Ltd. The report

    deals with the HRM practice including recruitment and selection process, training &

    development process, compensation management, performance management, employee

    relation & separation, etc. in terms of theoretical point of view and the practical use.

    This report has been prepared through extensive discussion with the employees of BBS

    Cables Ltd.

    1.5: Methodology of the Report

    To make this report meaningful and presentable, Data has been collected from both

    primary and secondary sources. Most of the data came from my critical observation.

    Primary Sources of Information: The primary data collected from the following sources:

    Face to face discussion.

    Group discussion with the companys high officials.

    By discussion with different employee.

    By visiting this Company.

    Practical experience gained by visiting factory.

    Met with responsible executives

    Secondary Sources of Information: The secondary data collected from the following sources:

    Websites of BBS Cables Ltd.

    HR policy of BBS Cables Ltd.

    Data from ERP.

    Library and different textbook.

    Data from Internet.

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    1.6: Limitations of the Report

    This dissertation report is my first assignment outside of course curriculum in the practical

    life. As a student of BBA program I am just one stage behind of completing my formal

    studies. The institutional experience Practical performances in the formal stage become

    difficult. So in performing this report lack of my proper practical knowledge is greatly

    influenced in this performance. Besides above have to face some other limitations are:

    Time is the major limitation that would mostly with stands a

    comprehensive study on the topic selected.

    Various confidential matters, forms, report, were not disclosed to me from

    HRD.

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    Chapter-2

    Overview of BBS Cables Ltd.

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    2.1: History of BBS Cables Ltd.

    BBS Cables LTD., a sister concern of Bangladesh Building Systems LTD. (BBSL) which is

    a leading pre-Engineered Steel Building Manufacturing in Bangladesh, has been

    incorporated in 2009. BBS Cables LTD. is looking forward to managing expertise and

    obtaining technology to provide better engineering solutions trough suplying quality

    electrical cables, wires, conductors and better customer service. Now at the eve of the 21st

    century globalization, electric power has become an integral part for infrastructural

    development.

    There factory is loceted at Sreepur, Gazipur, Bangladesh which equipped with state of the

    art technology machineries to manufacture and test all types of quality cables, wires and

    conductores in conformity with the letest version of national and international standards e.g

    International Eletro-technical Comission (IEC), German Standard (VDE), British Standard

    (BS), Bangladesh Standard (BDS), Australian Standard (AS), Indian Standard (IS) and also

    meet up the spacific requirments of the customer.

    2.2: Vision

    A wining industrial leader creating superior values for business and community beyond the

    boundary.

    2.3: Mission

    BBS Cables Ltd. Achieve their vision through honesty & integrity, business ethics, global

    reach technological expertise, quality, and building long term relationship with all our

    associates, customers, partners and employees.

    2.4: Values

    A promise to fulfil customer expectations.

    A promise to continuous improvement of the teams, services and products as well to

    become the best.

    A promise to be ethical, sincere, honest and transparent.

    A promise to create standards in the business and transactions through mutual trust.

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    2.5: Business Slogan

    The Business slogan of BBS Cables Ltd. is More Than Safety

    2.6: Product

    PVC Insulated/Skin Coated Copper/Aluminium House Wiring/Domestic

    Cables:

    These cables are suitable for wiring in surface mounted or concealed steel

    conduits or trunking, field protected installations and appliances etc.

    PVC/XLPE Insulated, PVC Sheathed Power and Control Cables with or

    without Amour: These cables are suitable for dry or damp premise clipped

    direct to a surface or a cable tray, laying in non-metallic conduits, indoors,

    outdoors, underground etc.

    XLPE Insulated, PVC Sheathed Power Cables up to 33 kV:

    These cables are suitable for dry or damp premise clipped direct to a surface or a

    cable tray, laying in non-metallic conduits, indoors, outdoors, underground etc.

    Various Types of FR, FRLS, LSHF Cables:

    These cables are suitable for special cases where fire spreading out should be

    come to an end within a shortest possible time, high density public building,

    hospitals, medical equipment wiring, control panel wiring etc.

    Various Types of PE insulated Telecommunication Cables, Co-axial Cables,

    Drop Wires: These cables are suitable for telecommunications, signal circuits

    etc.

    Copper Wire Braided, Al-Mylar Tape Shielded, Pair Shielded and Overall

    Shielded Cables: These cables are suitable for special cases where electric

  • HR Practices in Bangladesh: A Study of BBS Cables Ltd. 2015

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    fields need to be shielded for data cables or control cables of instruments or

    sensitive equipment.

    Pre-Assembled Insulated Aluminium Cables with ACSR messenger wire:

    These cables and conductors are suitable for electric power connection,

    distribution line etc.

    Bare Aluminium & Copper Conductors and Wires with or without

    Annealing: These conductors are suitable for transformer connection,

    distribution line etc.

    Insulated or Bare Aluminium Stranded Conductors (AAC):

    These conductors are suitable for transformer connection, distribution line etc.

    Aluminium Conductor Steel Re-In forced (ACSR):

    These conductors are suitable for transformer connection, medium and high

    voltage transmission & distribution line etc.

    All Aluminium Alloy Conductors (AAAC):

    These conductors are suitable for transformer connection, distribution line etc.

    Customized Cables, Wires and Conductors as per Customer Requirements:

    These are suitable for special cases as per necessity.

    New/Up Coming Products:

    For the first time in Bangladesh BBS Cables Ltd. is going to introduce.

    . Skin Coated Cables

    . LSHF/LSOH/LSZH Cables (Low Smoke Halogen Free Cables)

    Customize Cables:

    BBS Cables also produce cables according to the demand of their customer.

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    2.7: Quality policy

    BBS Cables Ltd. (BBSCL) is committed to produce dependable and reliable Wires, Cables

    & Conductors and related services at all times that fully meets, satisfies or exceeds the

    expectations and specific requirements of customers.

    At BBSCL we never compromise with our quality and all the employees of BBS

    CABLES are committed to provide quality services promptly and accurately to all the

    current end users and future prospective customers.

    To this end BBS CABLES is committed to establish, document, implement, maintain and

    continually improve the effectiveness of the QMS based on the requirements of ISO

    9001:2008. BBS CABLES is also committed to review the QMS for continuing suitability

    All members of BBS CABLES are responsible for familiarizing themselves with the

    company's quality manual and following the established and adopted means of achieving the

    declared objectives.

    The company for personal development will ably support all employees by proper training

    and improve work methods through teamwork and active participation.

    Total Quality Management shall be applied to every aspect of their activity and quality.

    Lab Facilities:

    At BBS Cables Ltd., our lab is equipped with the state of the art technology and

    equipments to carry out the full range of Routine Tests and Type Tests as per

    BDS, BS, IEC, VDE and other National and International Standards to assure

    quality, safety, reliability and peace of mind.

    Health-Safety& Environment:

    To maintain health and safety standards, regular training is provided to all of our

    employees that covers special hazards, how to protect oneself, causes of

    accidents at work, preventing slips and falls and how to use tools and machine

    safely. BBS Cables Ltd. uses only tried and tested materials and follow the

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    processes in full compliance with all relevant National and International

    Standards to protect and preserve the environment.

    BBS Cables followed some standard to manufacture the cable, which are given

    below:

    British Standard (BS)

    German Standard (VED)

    Bangladesh Standard (BS)

    International Electro-technical Commission (IEC)

    American Society for Testing and Material (ASTM)

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    2.8: Organogram of BBS Cables Ltd.

    BBS CABLES LTD.

    Company Organogram (Head Office)

    Figure: Company Organogram of BBS Cables (H.O)

  • HR Practices in Bangladesh: A Study of BBS Cables Ltd. 2015

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    BBS Cables Ltd.

    Organogram (Factory)

    Figure: Company Organogram of BBS Cables (Factory)

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    Chapter-3

    Human Resource Management

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    3.1: Management

    Management is the process of planning, organizing, staffing, leading and controlling an

    organizations human, financial, physical and informational resources to achieve the goals

    of the organization in an efficient and effective manner.

    3.2: Human Resource Management Human resource management is the process of acquiring, retraining, terminating,

    developing and properly using the human resources in an organization.

    According to Cynthia D. Fisher, Lyle F. Schoenfeldt & James B. Shaw Human Resource

    Management (HRM) involves all management decisions and practices that directly affect or

    influence the people, or human resources, who work for the organization.

    3.3: Functions of Human Resource Management There have some important functions of HRM. These are follows:

    Planning for organizations, jobs & people.

    Strategic HRM

    Human resource planning

    Job analysis

    Acquiring human resources

    EEO

    Recruiting

    Selection

    Building performance and motivating performance

    Human resource development

    Performance assessment and management

    Compensation system development

    Incentive compensation

    Maintaining human resources

    Benefits

    Safety and health

    Labour relations and collective bargaining

    Employment transition

    Managing multinational HRM

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    3.4: Human Resource Management of BBS Cables Ltd. Human Resource Manag...

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