mgmt+presentation+Group+3

8/10/2019 mgmt+presentation+Group+3

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PRINCIPLES OF

MANAGEMENT

PRESENTATIONGROUP 3


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Background

Express Media is part of the Lakson Group of Companies

It initially had one head office in Karachi, Pakistan, but

later on the Express News branch had its own head office

in Lahore.

Express News consists 5 branches, Express News, Express

Tribune, Daily Express, Sindhi Express and Express

Entertainment.

Express follows a divisional organizational structure i.e.

on the basis of its products


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Mission and Vision

Continuous emphasis on the fact that they have to cover whatever ishappening around the globe

The company is still struggling to fulfill their mission statement.

Heavy investments on Digital Vehicles(DSNG) for live reporting

Senior reporters located around the countrys major cities

Express News is aiming to be the most credible and reliable source ofnews.


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Express has tried to retain its reputation as one of the most trusted andreliable sources of news in the country

Special concentration on authenticity

Vision Statement reflects to be one of the top notch news delivering channelsacross the nation

Striving to maintain and expand its market share to retain competitiveness

and rigidity in the market


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DSNG VANS


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Structure Of Organization

Divisional Organizational structure, leading to diversification andspreading of risks

Levels of hierarchy

Costs resulting as a result of this structure

Tall and narrow organizational structure. Virtues and Vices


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CEO

Express News

Director News

News Room

ControllerNews 1

SeniorProducer

Producer

Senior

AssociateProducer

AssociateProducer

Editor

Editor

Editor

AssociateProducer

Senior

AssociateProducer

Producer

SeniorProducer

ControllerNews 2

Bureaus

Bureau Chief

SeniorProducer

Reporter

TraineeReporter

TraineeReporter

Reporter

CameramanNon Linear

Editor

ExpressTribune

Daily Express Sindhi EpressExpr

Entertai


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Human Resource Management

Is there room for authority and delegation on the structure Express follows?

Maintenance of Job Description after an effective need assessment

Expectations of zero deviations from Job Description leads to lesser scope of

creativity and innovation within the organisation

Appraisal system. How does it work?

Recruitment preferences? External or Internal

Recruitment is mainly internal, and there is low turnover of employees.

Employee motivation resulting from higher job prospects within Express and

up to the mark working conditions


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Planning and Strategic Management

Plans are analyzed, implemented and if they are deemed unfit theyare discarded.

Planning is considered crucial for the company. Most of the future of

the company is planned, and contingency plans are always kept ready

for unpredictable events. There is even a separate department for

planning.

As part of strategic management, Express English channel waslaunched, as the company thought it would be a good strategy and the

country needed an English news channel.

However it failed and was closed down as locals, even those who

knew English, preferred to watch news in Urdu.

Long term plan is to maximize speed and efficiency.


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Planning plays a crucial role

Have to be on the top in order to maintain viewership and ratings

Pre-planning about events such as World Cup, Ramzan, Eid. Contingency plans about unforeseen circumstances like blasts or events that

require prolonged coverage like droughts, floods etc.

Assignment of air-time to different sectors during news like entertainment,sports

All these events have to be decided before hand else they run short of airtime

and hence lose revenue in terms of advertisements that they recieve


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External Threats and Opportunities

The media industry today is an ever-growing industry It is expanding on a regular basis

Within the past 5 years around 15 new channels have emerged

This tough competition always require the existing organizations to

DO MORE

Competitor analysis showed 25 news channels currently operating inPakistan.

Express News face competition from only 4 namely Samaa, ARY, DAWN

and GEO, and considers itself one of the top 5 news channels.


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Recognizes GEOs dominance and strives to become first.

Director News has 4-5 screens in his control room where he is benchmarking the

performance of Express in accordance to his competitors.

However, due to the tightening control of PEMRA, the new news channels tendto face a lot of issues pertaining to survival

Express has an edge of an established brand name. They have many ventureswaiting to be exploited whilst other competitors like Dawn, Samaa etc. dont

have much at their disposal

They are expanding exponentially. Their growth rate has been phenomenal sochances for future are even better.


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Internal Strengths and Weaknesses

A professional CEO is considered a great strength of Express News, givingthem advantage over other news channels.

Well-organized structure due to a lot of preplanning, ensuring smooth running

of the company even in difficult times.

Constant creation of plans and contingency plans to create or seize

opportunities.

Employees follow heavily controlled job descriptions which are needed to

ensure consistency and efficiency.

They have been known for being creative and innovative. First ever virtual

studio in Pakistan


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First Ever Virtual Studio of Pakistan


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Structure is too tall needs to be simplified for rapid decision makingprocesses, as well as ease communication through the levels of hierarchy.

Since news industry is very fast paced it gives little time for decision makingof the quality and quantity of news items and this can some times result in

errors.

The levels of hierarchy at times lead to excessive bureaucracy, which leads to

an uncalled for delay in decision making. Although they have specified layers of management, yet they are still working

on it. After so many years of operations, they are still unable to define aproper defined structure to follow. This is a cause of worry.


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Ethics

Business Ethics: What are they?

Moral philosophy

Concept of Egoism and utilarianism

Universalism

Caux principles

Relativism

Ethical leader and the trade-off between the ethical principles

Ethics within the organisation: the inside environment

Compliance to ethical standards:

Integrity based ethics programmes

Compliance based ethics programmes

In terms of business operations


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Ethics

Corporate social responsibility

Ethical responsibility

Philanthropic responsibilities

Transcendent education and social responsibility

With regard to people outside the organization


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Speaking of ethical issues and external environment, Express has beentrying to leave a formidable impact on the viewers and all those associated

with Express News in any manner

The workers usually get allowances to finance their childs education They also implement a pension plan to ensure that the workers have a

secured future once they retire

Apart from this, they also introduce shows that increase social awarenessamongst the general public

They also have shows that tingle a sense of humour amongst theindividuals


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JURM


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THANKING YOU!

ABDULLAH ISMAIL

MAHIRA MIRZA

AYESHA ABID

MUSFIRAH SHAMIM

DANYAL HAQ

AYESHA QADRI

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