Beruflich Dokumente
Kultur Dokumente
Limited, Trivandrum
Submitted by
RAHEENA: N
March18, 2010
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ACKNOWLEDGMENT
I thank all the employees of QRS Family for their valuable help which was
essential for successful completion of this dissertation.
Finally, I thank the God Almighty Whose abundant grace and blessing that
led me through this entire journey.
Raheena.N
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TABLE OF CONTENTS
Acknowledgment 2
List Of Table & Figures 3- 4
BIBLIOGRAPHY …………………………………………... 36
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INDUSTRY PROFILE
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Indian Retail industry:
The Indian retail market, which is the fifth largest retail destination globally, has
been ranked the second most attractive emerging market for investment. India
continues to be among the most attractive countries for global retailers. India retail
industry is the largest industry in India, with an employment of around 8% and
contributing to over 10% of the country's GDP. Retail industry in India is expected
to rise 25% yearly being driven by strong income growth, changing lifestyles, and
favorable demographic patterns. The India retail industry is expected to grow from
Rs. 35,000 crore in 2004-05 to Rs. 109,000 crore by the year 2010.
Most of the the consumer durables retail market comprises of television sets,
audio systems, VCD players, washing machines, microwave ovens, air
conditioners, toasters, juicer-mixer-grinders, and so on. Though Indian consumer
durables have been increasing in demand within the domestic market, it has tough
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competition from international consumer durables companies such as Sony,
Samsung, LG, and Philips.
According to the Indian Retail Sector analysis 2006-07, the size of the
Indian consumer durables industry in the retail sector stands at US$ 4.5 billion. In
the first three quarters of financial year 2007-08, the industry recorded a growth
rate of 13 per cent. The sector is expected to grow up to $4.9billion by 2011.
The sectors that are projected to achieve higher growth rates in terms of quantity
produced are:
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Machines
Microwave Ovens 35%
Flat panel TV 100%
LCD TV 110%
Plasma TV 100%
VCD/MP3 20%
DVD 25%
Retailing in Kerala
Retailing in Kerala is a subject too subtle and relevant; as Kerala is know of more
as a consumer state rather than a producer state. The introduction of Margin Free
Markets has turned out to be grand success resulting in it becoming one of the
largest retail chains in the country. The future of Retailing in Kerala looks bright,
with the proposed entry of major players. The government of India is already
thinking of allowing FDI of up to 76% in the grocery and food segment of the
retail chains. According to governmental Estimates, retailing is growing at a rate of
5.7% at the national level, even though the organized retail sector is just 3% of the
total industry.
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COMPANY PROFILE
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THE BEGINNING
Our Vision is “to give the customer the best experience in retailing by
offering: Quality Products, Reliable Brands and Good Service.
Quilon Radio Service popularly known as QRS was started by two brothers
of the A.R.A.S.D family from Tuticorin - Sri D Arunachalam and Sri D
Thilagarajan. They were assisted by their brothers Sri D Shenbhagamurthi, Sri D
Ganesan and Sri D Shanmugham. The store was named Quilon Radio Service as it
first opened its doors in Quilon (presently known as Kollam): servicing radios!
Over the years, the core group has remained members of the family and has strived
to bring QRS to the forefront of this industry. It presently has three generations
working together to uphold its name.
Brands at QRS
Any electronic or electrical appliance that you need for your home finds a
place at QRS. The showrooms have a stock of a wide range of world class brands
like: Philips, Samsung, LG, Sony, Onida, Panasonic, IFB, Whirlpool, Siemens,
Voltas, Videocon, Electrolux, Haier, Igo, Sony Ericsson, Nokia, Blackberry, HTC,
Motorola, Canon, Kodak, Casio, Eureka Forbes, Venus, Godrej, Preethi, Butterfly,
Glen, Elgi, Bajaj, Kenstar, V-Guard and Honda among others. Apart from being a
multi brand store QRS also has specialty brand stores like Sony and Samsung.
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QRS Locations
QRS has grown from being a small radio service centre in Quilon; today, it
has 30 top class showrooms spanning the entire length and breadth of Kerala.
QRS showrooms are conveniently located and have easy access to anyone who
wants to purchase any electrical appliance. One never has to travel too far to find
what he wants! It has showrooms in Thiruvananthapuram, Kollam, Pathanamthitta,
Kottayam, Alapuzha, Ernakulam, Chengannur, Calicut, Malappuram and
Kottarakara with plans to open 20 shops in the next two years.
QRS is now introducing online shopping, launching itself into a new era of
technology. It is the first of its kind to offer this service in Kerala. The QRS
website showcases the wide range of products available in their stores. The website
helps the customer compare product features and prices, enabling him to choose
products; satisfying his needs. This feature also helps the customer shop in the
luxury of their own homes, without having to deal with traffic or finding parking
spaces.
Operations at QRS
The reputation of QRS has been maintained over the years, as it deals with
only the highly reputed and strong brand names in the market and is held in high
regard by the suppliers. To supplement this, the company has concentrated on
making its middle level management formidable with professionals.
The family members and staff of QRS have always had a strong set of
values and have also functioned with principles that have guided them for over 60
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years. Having transparency in everything that they do, being proactive, taking
calculated risks, paying attention to small details and having a no nonsense
approach has taken the store that was started in a small town a long way. The
core group also understands that change is the only constant and has always
adapted to the pulse of their customers' expectations.
To ensure that the staff complies with the standards set by QRS, a full-
fledged HR division is created and several employee welfare measures have been
implemented. 'If one is in a good frame of mind then one can serve others better'.
QRS also diversified into textile retail and has 8 - Raymond showrooms in
Thiruvananthapuram, Trichur, Kottayam, Kollam, Pathanamthita, Nagercoil and
Coimbatore.
QRS has always believed in giving back to the environment and the society
they have strived in part from contributing to a number of causes, it has 4
windmills at Karungulam, Nagercoil contributing to the production of green
energy.
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Literature review
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Introduction
There is a difference between working for survival and working for pleasure – It’s
my job, I should have a sense of belongingness and should enjoy each and every
moment of it...
In Harvard Business review in 1994, James Heskett and his colleagues gave
the concept of Service-profit Chains. According to them, profitability and growth
are the result of customer loyalty. Customer loyalty is the direct result of customer
satisfaction which gets influenced by the value of service provided to them. Value
is created by satisfied, loyal and productive employees. So it brings us to the age
old business dictum that ‘satisfied employees create satisfied customers’ and these
become all the more relevant when the world is moving towards a service
economy. According to the Gallup organization, engaged employees are those who
“work with passion and feel profound connection to their company. They drive
innovation and move the organization forward”.
Importance of Engagement
An organization’s capacity to manage employee engagement is closely related to
its ability to achieve high performance levels and superior business results. Some
of the advantages of Engaged employees are
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Engaged employees will stay with the company, be an advocate of the
company and its products and services, and contribute to bottom line
business success.
They will normally perform better and are more motivated.
There is a significant link between employee engagement and
profitability.
They form an emotional connection with the company. This impacts
their attitude towards the company’s clients, and thereby improves
customer satisfaction and service levels
It builds passion, commitment and alignment with the organization’s
strategies and goals
Increases employees’ trust in the organization
Creates a sense of loyalty in a competitive environment
Provides a high-energy working environment
Boosts business growth
Makes the employees effective brand ambassadors for the company
Studies have shown that there are some critical factors which lead to Employee
engagement. Some of them identified are
6. Empowerment
Employees want to be involved in decisions that affect their work. The leaders of
high engagement workplaces create a trustful and challenging environment, in
which employees are encouraged to dissent from the prevailing orthodoxy and to
input and innovate to move the organization forward.
7. Image
How much employees are prepared to endorse the products and services which
their company provides its customers depends largely on their perceptions of the
quality of those goods and services. High levels of employee engagement are
inextricably linked with high levels of customer engagement.
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9. Performance appraisal
Fair evaluation of an employee’s performance is an important criterion for
determining the level of employee engagement. The company which follows an
appropriate performance appraisal technique (which is transparent and not biased)
will have high levels of employee engagement.
13. Communication
The company should follow the open door policy. There should be both upward
and downward communication with the use of appropriate communication
channels in the organization. If the employee is given a say in the decision making
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and has the right to be heard by his boss than the engagement levels are likely to be
high.
15. Co-operation
If the entire organization works together by helping each other i.e. all the
employees as well as the supervisors co-ordinate well than the employees will be
engaged.
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RESEARCH DESIGN
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OBJECTIVES OF THE STUDY
RESEARCH DESIGN
The research survey done is descriptive in nature.
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STATISTICAL TOOLS TO BE USED
Statistical tools are statistical techniques used for data analysis and to arrive
at certain conclusions.
Percentage analysis
Software used to do Two of SPSS 11.5 for Windows and Windows Excel
LIMITATIONS OF STUDY
Few of the limitations of the study are
Time constraints
The study was confined to limited numbers
The personal prejudice of the respondent is likely to influence his remark on
questions
However care has been taken to avoid calculation errors and data entry
errors in every stage.
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DATA ANALYSIS AND INTERPRETATION
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1. Representation of Different Branches in Trivandrum
Different Branches
Frequenc
y Percent
Valid Pattom 12 30.0
Sony
6 15.0
center
MG
11 27.5
Road
Karama
11 27.5
na
Total 40 100.0
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3. Graphical Representation of employee age group
Inferences: 72% employees between the age group of 20years to 30 years and 3%
between 40years and 50 years.
Frequency Percent
Valid less than 5
26 65.0
year
5 - 15 years 11 27.5
more than 15
3 7.5
years
Total 40 100.0
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Inferences: The above table and graph shows the work experience of QRS employees. Out
of 40 responses, 65% employees have less than five year experience and 27.5% employees have
5 to 15 years of work experience in QRS Retail. The last 7.4% constitute the well experienced
employees since they have more than 15 years of experience in QRS.
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Inferences: Out of the total responses, 41% employees strongly agree that they know their
role in the organization and 49% of the employees agree that they have clarity of their job
description.
Employees should know exactly what is expected of them. If expectations are unclear,
employees will inevitably face frustration, and will be open for other opportunities.
Inferences: Out of the total responses, 44% employees agree that they have been getting
enough stock for their work. On the other hand, 15 % of the employees disagree on this.
Employees need the right tools and equipment to support their skills, experience and talents &
perform their jobs at an optimum level.
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7. Employee opinion on whether QRS provides good working environment
Inferences: Out of 40 responses, 37.5% employees strongly agree that QRS do provide good
working conditions while 55% of the employees merely agree that QRS provides the good and
supportive work environment. Women feel that they are very safe at workplace.
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Inferences: Out of all the responses, 57.5% employees agree that the communication between
supervisors and employees as well as between employees is very open. The employees of the
store are very friendly as well. QRS gives support to maintaining this relationship between the
employees and supervisors.
Inferences: After the analyses all opinions of employees, it can be concluded that QRS is a
Strong and productive workplace. Out of 40 employees, 67.5% employees indirectly feel that
QRS is the strong and productive workplace.
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10. Employee Loyalty to continue in QRS
Inferences: Among all the responses, 50% employees are willing to continue working with
QRS (they are strongly agreed) while 17.5% employees feel like leaving the organization at
times.
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FINDINGS, SUGGESTIONS AND CONCLUSION
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FINDINGS:
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Performance assessment mainly based on target achievement (daily and
weekly reviews)
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SUGGESTIONS
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CONCLUSION
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BIBLIOGRAPHY
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ANNEXURE I
QUESTIONNAIRE
SURVEY OF EMPLOYEE ENGAGEMENT
Department ………………………….
Please tick mark the relevant answer as provided against each question.
1. Do you know what is expected of you at work? (1) (2) (3) (4) (5)
2. Do you have the materials and equipment you (1) (2) (3) (4) (5)
need to do your work right?
3. At work, do you have the opportunity to do what (1) (2) (3) (4) (5)
you do best every day?
4. In the last seven days, have you received (1) (2) (3) (4) (5)
recognition or praise for doing good work?
5. Does your supervisor, or someone at work, (1) (2) (3) (4) (5)
seem to care about you as a person?
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Strongly Disagree Neither Agree Strongly
Disagree Agree nor Agree
Disagree
(3)
(1) (5)
(2) (4)
6. Is there someone at work who encourages your (1) (2) (3) (4) (5)
development?
7. At work, do your opinions seem to count? (1) (2) (3) (4) (5)
8. Does the mission/purpose of your company (1) (2) (3) (4) (5)
make you feel your job is important?
9. Are your associates (fellow employees) (1) (2) (3) (4) (5)
committed to doing quality work?
10. Do you have a best friend at work? (1) (2) (3) (4) (5)
11. In the last six months, has someone at work (1) (2) (3) (4) (5)
talked to you about your progress?
12. In the last year, have you had opportunities at (1) (2) (3) (4) (5)
work to learn and grow?
13. Do you see yourself continuing to work for this (1) (2) (3) (4) (5)
organization two years from now?
Thank You
Th
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