Mgt Case Greenfield Jutex

8/19/2019 Mgt Case Greenfield Jutex

1/18

CASE PRESENTATIONon


2/18

“Brave Heart”

Members with Brave Heart:

1. Tahia Tabassum Chowdhury 152 1033 660

2. Jisan Jahan Chowdhury 142 1402 060

3. Yasin Ahmed Sheikh 122 1272 060

4. d. Shahidu! "s!am 143 0722 660

5. ohsinu! #amid 151 2636 6$0

1-2


3/18

The Man Behind theCompany

Mr. ZaeemTashfn Bari(ManagingDirector)


4/18

Greenfield Jutex Ltd is one of the leading Manufacturers and

Exporters of a wide range of Jute Products. They bring out the best in

their products by working together with their in-house production and

creative design team. Their mainly serves the Business to Business

(B2B) customers like to banks insurance ! pharmaceuticals

companies etc. Their main business motto is to offer eco-friendly "ute

products as they want to revive the old glory of Jute that used to have

earlier.

#reenfield Jutex has many satisfied customers that shall provide proof

of the integrity and experience in supplying these environment-friendly

products. This would help them to move towards leading Jute

product manufacturing company in Bangladesh.

COM!"# O$%&$'%


5/18

$t #reenfield Jutex they produce multi

colored Eco %riendly Jute &ags with various

si'es and shapes with () guaranteed that

would enhance client companies* brand

image among the valued customers. Their

bags are sustainable long-lasting alternative

to paper ! plastic. They offer "ute bags with

best +uality and high environmental

standards.

&ODCT*

&y using their customi'ed "ute bags clients can

promote their brand in a greener way and be

claimed as a conscious citi'en and a conscious

human being in a broader sense. #reenfield Jutex

has many satisfied customers that shall provide

proof of the integrity and experience in supplying

these environment-friendly products.


6/18

B'++ ,&O** TO -'$%-!CTO&*


7/18

%*T'O"*• Why Jute?

• Why did they came up with ute

p!oduct" whe!e a" u"e o# ute ha"!eached nea! it$" o%"o&ete?

• What c&ic'ed on thei! mind?

•

Whe!e did the 'D%! o# ute %u"ine""came #!om?

B'++ ,&O** TO -'$% -!CTO&* / 'D


8/18

&OB!B+% !"*%&*

• Jute most popularly known as the #olden %ibre is a natural versatile

fibre which is , bio-degradable and thus totally environment

friendly.

• /se of it is very rare so why not bringing back the culture0

• The whole world is concerned for saving the nature and being want to

contribute to it came to their minds about it and should work inaccordance. /sing "ute or any other natural item they can contribute

to the healthy growth of the society and support the a greener

environment.


9/18

• )ollaboration between in-house

production

•)reative design team delivered

customi'ed items

• 1elivered items to their main customers

like different banks pharmaceuticals

insurance company etc.

++ ,&O** TO -'$% -!CTO&*/ B*'"%** MOD%+


10/18

B'++ ,&O** TO -'$% -!CTO&* 0B*'"%** MOD%+ (Contin1ed)

T o p m a n a ( e

m e n t • & e i n g a b l e t o c r e a t e 2 i s i o n f o r t h e o r g a n i ' a t i o n a n d l e a d t h e w h o l e c o m p a n y w i t h i t s c o r e v a l u e a n d

s e t t i n g u p g o a l s t o a c h i e v e .

• 3 e e d t o h a v e a g o o d d e c i s i o n m a k i n g s k i l l a n d t o t a k e r e s p o n s i b i l i t y o f t h e o v e r a l l c o m p a n y .

) i d d & e ) a n a ( e

m e n t

• 4 e a d e r s h i p s k i l l s t o s u p e r v i s e a n d d i r e c t s u b o r d i n a t e s . • 1 e c i s i o n m a k i n g a n d s t r a t e g y s e t t i n g s k i l l s i s r e + u i r e d . • $ b i l i t y t o t a k e r i s k s a n d t o c o p e u p w i t h l o n g w o r k i n g h o u r s .

S u p e ! * i " o ! "

• 5 e + u i r e s 6 u p e r v i s o r y a n d m o t i v a t i o n a l s k i l l s f o r e f f e c t i v e i n t e r p e r s o n a l r e l a t i o n s w i t h s t a f f s . • P r o p e r c o m m u n i c a t i o n s k i l l s t o i n c r e a s e c l a r i t y o f w o r k a n d n e e d s t o e n f o r c e p r o f e s s i o n a l w o r k f o r c e

d i s c i p l i n e .

+ o w + e * e & w o ! ' e ! "

• 5 e + u i r e s t e c h n i c a l s k i l l s a n d k n o w l e d g e i n s e w i n g s t i t c h i n g a n d o p e r a t i n g m a c h i n e s . • 6 h o u l d b e s e l f - m o t i v a t e d a n d s h o u l d h a v e g o o d t i m e - m a n a g e m e n t s k i l l t o m e e t t h e t a r g e t . • 3 e e d s t o b e p h y s i c a l l y f i t t o c a r r y o u t l a b o r i n t e n s i v e w o r k s .


11/18

B'++ ,&O** TO -'$%-!CTO&* 0 T%!M

• #reenfield is very small and growing company with around 7-

8 people including the Jute product workers.

• #reenfield gives important to hiring right people. 9iring

employees with right attitude is their first priority.

• Through proper 95P #reenfield ensures when and which areas

the new employees might be re+uired where the existing

employees will get their next promotion to whom training will

be provided when employees should be appraised etc.

• They strictly follow the labor law or executive law.

• They maintain two different strategies to higher the executives

and nonexecutives.


12/18

OM!"# O&,!"O,&!M

(Mr. ZaeemTashfn Bari)


13/18

B'++ ,&O** TO -'$% -!CTO&* /T'M'",

The number one thing driving success is timing. Timing accounted for 7: of the difference

between success and failure. Team and execution come in second and the idea - the uni+ueness of

the idea - come in third. ;t surprise me that the idea isn


14/18

B'++ ,&O** TO -'$% -!CTO&* 0 T'M'",

(Contin1ed)$. %peed= ;t makes a difference when a startup is able to launch on time and able to move

faster than competitors. #reenfield "utex "ust done that as within ?-7 years of business

time they grab a huge market exposure.

&. 'ime for the team: 6tartup leaders who share good bad and ugly news to their folks with

full transparency earn trust and have a daily huddle with the team. $s in greenfield "utex

the leaders are work closely with the employee so they can always look after the

employees emotions and all.

. %tic*to*it*ness= 6eriously impressive entrepreneurs are willing to put in the graft to work

through the hard times. #reenfield "utex is highly devoted to provide +uality product inorder to capture the customer trust and they are not going to compromise that in any

situation.


15/18

B'++ ,&O** TO -'$% -!CTO&* 0 T'M'", (Contin1ed)

6o for #reenfield Jutex is the timing perfect to launch their business with the product line they

have0

; should say yes their timing is perfect when it comes to the market receptivity.

@ay to early Early

4ate

Perfect timing


16/18

B'++ ,&O** TO -'$%-!CTO&* 0 -1nding

6tartup business funding works like gears. $ typical startup goes through

several rounds of funding and at each round you want to take "ust enough

money to reach the speed where you can shift into the next gear.

"unding sources for Greenfield Jutex:

1. "amily + "riends , Mr. Aaeem Tashfin &ari BM1C of #reenfield Jutex

managed the initial fund to start the business from his parents and friends.

2. Bans + -B"/s , $fter the business was up and running and gain a little bit

of market exposure they manage to get fund from the banks and other non

banking financial institutions.

!. Go0ernment/s special industrial fund: $s #reenfield Jutex is operating in

eco friendly sector and with environment supported products they avail a

special industry fund provided by government specially on this sector to

encourage expansion of this products business.


17/18

Conc21sion6tarting a small business is complex time-consuming and life-altering. There are many more things

that go into running it than "ust providing the productBsC or serviceBsC that your business offers

however. Dou


18/18

Documents

Mgt Case Greenfield Jutex