Arvind Motor Case Study

Great Essays
CHAPTER-1
INTRODUCTION
1.1 INTRODUCTION TO PROJECT
Project is on employee engagement and retention strategy under taken at Arvind motors, Mangalore for the period of 12 weeks. Aim of the study was to find out what kind of employee engagement and retention strategy will help the employees to perform better. The organization success is highly dependent on engaging the employees by various activities to retain them to perform better. Therefore it is necessary for the company to find out which employee engagement activities make the stay in an organization for a long period. “Employee engagement” refers to bonding between employers and employees “Retention” refers to the efforts made by the employer to retain employees.
1.2 TOPIC CHOSEN FOR THE
…show more content…
Initially, Arvind motors began its sales and services operations at a small showroom and workshop in balmatta ,Mangalore founded by Arror sripathi rao of the erstwhile Aroor family,Arvind motors began a new era in the introduction of the prestigious Telco brand of commercial vehicles’ to the district ,soon spreading its operations to the other districts of the state. In 1954 it employed about 30 personnel at its initial stage. In the 90,s the company had staked its hold in 8 regions of the state with overall employee strength of more than 300. It has built itself up to the present prestigious position by its proven competence in the automobile industry. Arvind motors have always upheld the principle that the sale of the vehicle is the beginning and not the end of transaction. As a premier Telco dealer ,Arvind motors have faithfully discharged their obligation to provide their customers all over the state with proper service in establishment that are attractive , convenient, well-equipped and operated with a high degree of efficiency. Arvind motors through their close association with telco have been animated with a spirit of paramount service to all Tata commercial vehicles through their fully equipped service centers manned by highly trained service personnel to handle medium and major repair work round the clock along …show more content…
Light commercial vehicles and intermediate
2. Small Commercial vehicles
3. Medium Commercial vehicles
SWOT Analysis:
Strength
 Rich experience of over 50 years.
 Good Reputation
 Financial Stability
Weakness:
 Delay in taking priority decision
 Active involvement of management in day to day affairs is missing
 Employee Management Relationship to some extend fragile
Opportunity:
 Pro active management steps with the principle have yielded benefits
 Have participated and utilized all the activity provided for training their personal at all levels
Threats:
 Affected by recent economics showdown
 Spare parts spoilage of TATA brand
FINANCIAL STATEMENT ANALYSIS
According to Myer’s “Financial Statement analysis is a study of relationship among the various financial factor in a business as disclosed by a single set of statements and a study of the trend of these factors as shown in a series of statements” (myer)
1.CURRENT ASSET RATIO
Current ratio is a relationship between current assets and current liabilities. It is widely used as a broad indicator of a company’s liquidity or short term solvency, that is, its ability to meet short-term obligations. The current ratio is dividing current and current

Related Documents

  • Superior Essays

    Stark Inc. Case Study

    • 1136 Words
    • 5 Pages

    The more employees take the survey, the better and more accurate the results can be. We should notice a pattern of satisfaction or non satisfaction and then we rectify them by establishing counseling programs, more company friendly activities, and reliable reward system. 2.5 The HR department must measure the impact of the projects and initiatives that were implemented from the pulse survey conducted to rectify any issues. 2.6 Go over the successful projects and initiatives to know what led to their success and look for areas that need further improvements in employee engagement across the company. Second challenge is that the CEO of the company has tasked me with refining the recruiting process as it usually takes long period of times from the start of the posting of jobs opening, to actually hiring somebody that is a good candidate.…

    • 1136 Words
    • 5 Pages
    Superior Essays
  • Great Essays

    L&T Finance offers financing for commercial vehicles of all makes and sizes. We also undertake funding of the body for the commercial vehicles. L&T Finance has an extensive network across the country to provide customers ease of access anywhere. We work directly with manufacturers and dealers at TATA Motors, Ashok Leyland, VECV, Swaraj Mazda, Mahindra Naviskar etc. to bring the highest standards in the industry even to the smallest businesses.…

    • 2632 Words
    • 11 Pages
    Great Essays
  • Improved Essays

    Standards are set through job design and this is what the supervisor should evaluate by. If the supervisors motivate their employees with having achievements recognized and communicate the truth about how an employee is doing in their responsibilities makes for a better-motivated team and these employees will stay with the organization. This is a good way organization retain their high potential employees and reduce…

    • 1059 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Whether the job is small or big, we treat every job as equally serious and important. Our professional electricians are hardworking, dedicated and passionate about electricals so you can always be sure that your industrial electrical needs are in the right hands. WilcoElectricians can sucessfuly provide industrial firms with upgrades, inspections, maintenance and complete emergency repair services. When you hire WilcoElectricians, you can be sure that the job will be done right the first time. WilcoElectricians is proudly know as a company with professionaly trained and licensed electricans that always provide the highest level of electrical safety, workmanship and quality.…

    • 1222 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    It is used to judge firm’s short term capacity to pay off its obligation. Current Ratio = Current assets/current liabilities. Higher ratio shows good position of the company to pay off its obligation in time. Traditionally current ratio of any production firm is 2:1 considered good except banking sector. It’s also depends on nature of business.…

    • 803 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    While the battery chemistry belongs to GM, LG brings decades of successful experience of the electrical/electronic field. This should translate into product as well as process innovation for LG has been in this field for a good bit of time. Such collaboration reduces risk of the technology not being protected and ensures there will be no “bottlenecks” in supply of the critical battery. “Distribution and specialized manufacturing competences often become bottlenecks,” says…

    • 841 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Liquidity Ratios Liquidity ratios are used to measure a company’s ability to pay debt obligations and its margin of safety. The calculations are determined by the current ratio, quick ratio and operating cash flow ratio. Liquidity ratios are useful when compare to another company. The financial ratios that we…

    • 1164 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    Flexible Work

    • 790 Words
    • 4 Pages

    Flexible working time, alternative work arrangement arrangements can add employee commitment towards an organisation. Organisational commitment is an attitude which related with Work life balance. It act important role in their employee performance and their well being of family. Work life balance and organizational commitment are found to influence the organisational performance and productivity. Organizational commitment is considered as the amount of employee’s loyalty towards their organization.…

    • 790 Words
    • 4 Pages
    Superior Essays
  • Improved Essays

    HR Manager Case Study

    • 998 Words
    • 4 Pages

    She said that when a worker is satisfied in her job she has positive impact to the company's health and wealth. Your decisions as HR head will have intentional or unintentional effects to employee satisfaction. The Society for Human Resource Management conducted a research report released this year. The report urged companies to revitalize the changing workforce. Employees want to feel that their time and efforts contribute to the main goals of the company.…

    • 998 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Due to the fact that employee motivation has a significant impact on workplace productivity in the past 40 years, there have been numerous studies and surveys done to figure out what exactly motivates employees (Wiley, 1997). In order for employees to feel motivated, their jobs must have at lease the four recruiting minimums; good pay, safe and friendly working conditions, job security and interesting work. In order to enhance motivation; three characteristics combined create psychological mindfulness and meaningfulness of a job; skill variety, task identity, and task significance. Employers or the organization must create a relationship with their employees and let them know that they have a significant role in the organization. Employers must also always show appreciation and recognition for the work that their employers do.…

    • 1193 Words
    • 5 Pages
    Improved Essays