Competitive Profile Matrix - 3314 Words

1. Introduction HRM is the process of managing people in organizations in a structured and thorough manner.HRM encompasses the management of people in organizations from a macro perspective. The most important tasks of the Human Resource department are to make sure that the people working in an organization 1) feel happy 2) are in the right job, and 3) get the opportunity to upgrade their skills when necessary. Therefore employee/labor relation is a very important factor of Human Resource Management. This report is made focused on the Employee - Employer relationship of Square Pharmaceutical Limited Bangladesh. 1.1 Methodology This report is created on basis of face to face personal interview with HR Manager of Square pharmaceutical†¦show more content†¦Therefore we decided to work on focusing Square Pharmaceutical. 3.4 Mission amp; Vision of Square Pharmaceutical Limited VISION We view business as a means to the material and social wellbeing of the investors, employees and the society at large, leading to accretion of wealth through financial and moral gains as a part of the process of the human civilization. MISSION Our Mission is to produce and provide quality amp; innovative healthcare relief for people, maintain stringently ethical standard in business operation also ensuring benefit to the shareholders, stakeholders and the society at large. 3.5 Organizational Chart Group Chairman Vice Chairman Managing Director Executive Director Operation Divisional Directors General Manager Assistant General Manager Senior Manager Manager Chief Accountant Marketing amp; Sales Manager Plan Manager Engineering Manager Quality Assurance Manager Quality Control Manager Workers Supervisor Production Manager 3. HR Practice amp; Management Strategy 3.1 Areas of HR practice in SQUARE Pharmaceutical Ltd. 1) Recruitment and selection Process 2) Confirmation 3) Promotion 4) Transfer 5) Dismissal 6) Termination 7) Leave Management 8) Salary Management 9) Increment 10) Performance appraisal 11) Resignation 12) Retirement 3.2 Company Policy TheShow MoreRelatedCompetitive Profile Matrix ( Cpm )753 Words   |  4 Pages †¢ NBC Universal †¢ Times Warner Competitive Profile Matrix (CPM) Before designing any strategy, it is necessary to see the strategies and performance of our competitors. We evaluate the competitive position of our competitors and then make the strategies for the future. So, this is the competitive profile matrix which will show the position of our competitors with respect to us like News and Time Warner. Corporations Walt Disney Time Warner News Critical success factors Weight Rating ScoreRead MoreCompetitive Profile Matrix Emirates2382 Words   |  10 PagesCompetitive Profile Matrix (CPM) Author:  admin Wednesday, 24 Sep 2014 Step 4. Competitive Profile Matrix (CPM) In order to construct a competitive profile matrix, it is necessary to determine critical success factors in airline industry. These are: strong management, organization of routes, availability of non-stop flights, qualified workforce, in-flight services and service promotions, price competitiveness, effective financial management, cost management. Main competitors of Emirates Airline canRead MoreCompetitive Analysis : The Competitive Profile Matrix ( Cpm )1519 Words   |  7 Pages Competitive Analysis The Competitive Profile Matrix (CPM) is a tool that compares the firm and its rivals and reveals their relative strengths and weaknesses (Competitive Profile Matrix, 2013, October 29). These factors are influenced by external and internal challenges. The illustrated CPM below compares Domino’s Pizza with two of its top competitors, Pizza Hut and Papa John’s. The results of the CPM give Domino’s Pizza a 3.3, which is above average in its respective industry. The firm also hasRead MoreCase Study for Family Dollar Stores816 Words   |  4 PagesFamily Dollar seeks to accomplish on a day-to-day basis and sets the standard for quantitative performance measures. †¢ External Factor Evaluation (EFE) Matrix – outlines the opportunities and threats that could affect the company and rates Family Dollar’s current performance in addressing those factors. †¢ Competitive Profile Matrix – outlines the success factors that are critical to the company’s continuity and rates Family Dollar’s performance as well as its rivals’ performances in addressingRead MoreA Case Study of Apple1169 Words   |  5 Pagesfuture, this will make the firm more competitive against some of their largest rivals (i.e. Microsoft and Google). This strategy is important, because it is showing how it is an opportunity for the company to deal with long term threats. (Forenski, 2010) Construct a Competitive Profile Matrix. Include: information on Apple, one or two of its major competitors and at least 6 success factors you believe to be critical to in this industry. A competitive profile matrix is designed to provide managers withRead MoreM3 Team Assignment: External Factor Analysis . By Team1491 Words   |  6 Pagesare Porter s Five Forces, External Factor Evaluation (EFE) Matrix and finally the Competitive Profile Matrix (CPM). Porter’s Five Forces Analysis The Porter’s Five Forces analysis in Exhibit 1 below indicates that the most significant forces in Ford’s case within the automotive industry is rivalry among firms . This force means that Ford has to remain focused on continued growth, innovation, and cost cutting in order to remain competitive. Since the potential of entry of new competitors is low, FordRead MoreSears Holdings Corporation: Comprehensive Case Analysis1026 Words   |  4 Pageson these estimations the page should make a recommendation on what is the optimum solution. Detailed videos and tutorial on how to operate certain electronics items. All physical stores should offer free Wi-Fi. The retail industry is highly competitive and Sears Holdings Corporation success is determined by its ability to differentiate itself from its competitors with regards to shopping experience, product quality and customer service. One of the risks, which are always present, is to fail toRead MoreCase Analysis - Sears1700 Words   |  7 Pagesthat the company might use to address a potential threat. 3. Construct a Competitive Profile Matrix. Include the company you are researching and one or two (1 or 2) of its major competitors and at least six (6) success factors that you believe to be critical to success in this industry. This Matrix should follow the format of the examples in Chapter 3. 4. Construct an External Factor Evaluation Matrix. This Matrix should follow the format of the examples in Chapter 3. Research and cite atRead Moreï » ¿Strategic Planning Process – Case Analysis1159 Words   |  5 Pagesanalysis. Use the data to construct a TOWS Matrix. IFE/EFE Matrix Internal and External Factors of the firm are evaluated and given weight as to importance in the firm’s ability to perform. Competitive Matrix Assess the competition and develop a profile of the evaluative criteria used to monitor the market. TOWS Matrix Construct a TOWS Matrix to assess the position of the firm in the market or industry where the firm operates. BCG Matrix Relative market share position of the firm andRead MoreInternal Factor Evaluation ( Ife ) Matrix1164 Words   |  5 PagesInternal Factor Evaluation (IFE) Matrix The IFE matrix is the strategic management tool used to evaluate internal strengths and weaknesses of PepsiCo. The strengths of the company are measured using a numerical rating of 4-major strength or 3-minor strength and the weaknesses are measured using 2-minor weakness or 1-major weakness. Given the ratings listed on the matrix, PepsiCo receives a total weighted score of 2.93 out of a total available score of 4. The company surpasses the average score of