Principles And Practices Of Management

Group Members
Company Visited -Century Polymers
Amina Aslam
Proprietor-Mr. Vijayan Pillai Abhirami R
Gopika Prasad Nair

Project I
Gokul M
Muhammed Aslam
Vishal Vijayan

Faculty in charge:- Mr. Azhar Basheer

 Century Polymers
Content
Organization Details
Process Details

 Manager Details
Our Learning's
Our Findings
Documents

2 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers
Organization Details
Number of Plants: 3
Number Of employee: 101
Turnover: 50 millions
Industry: Plastic Container Manufacturing
Product Caption: Moulding Beyond You Expect

Vision: “Our vision is to deliver advanced packaging solutions with

passion, benefits the society by providing growth, bringing joy and
satisfaction and profits to our customer by delivering high quality
innovative packaging ideas.”

Mission: “Our mission is to be the final and finest solution for

innovative packaging requirements world wide.”

3 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Process Details

4 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

5 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Manager details

Qualification Skill Set POLC Analysis

Early Life/Carrer Advantages Experience

Disadvantage Learning's
Personality

Conceptualization Beliefs

Journey Scope of Growth

Salient features
6 Principles and Practice of Management Semester-I Project-I Group-5 12/1/2018
 Century Polymers

Manager details

Qualification Skill Set POLC Analysis

Early Life/ Career Advantages Experience

Disadvantage Learning's
Personality

Conceptualization Beliefs

Journey Scope of Growth

Salient features
7 Principles and Practice of Management Semester-I Project-I Group-5 12/1/2018
 Century Polymers

Early Life/ Career

Sold products marketing agent like Anacin,
AniFrench, Tooth paste in Delhi for incentive.

Left job at Maruti in1996 which paid him 4500.

Went to UAE in 1997.
 Returned to India with 3lacks 2002

Back

8 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Personality
 Ambitious
 Visionary

 Explorer
 Fast Learner
 Multi-Linguistic
 Shrewd
 Go Getter
Back

9 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Conceptualization
 Conceived idea during marketing career.
 Concluded plastic is future.

“Your day starts with plastic”.

 Saw Potential of Transparent plastic over
opaque plastic in packaging.
 With saving 3 lakhs and Finance from Canara
bank started factory in 2003.

Back

10 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Journey
2004 First consignment out in market
2008 Got sole contract in India for Lotte
2009 Got sole contract Campco chocolates
2017 Started unit in Kottarakara
2018 Started unit in New Delhi
2019 Will start the biggest unit with modern
Machineries.
Back

11 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Salient Features
 Tie-up in business
 Marketing through service

Good relation with financer

On time delivery
No comprise in quality
Targeted Segment Middle-class and Upper-class

Back

12 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Skill Set
Inspired by ID Foods (Mr. Musthafa)
Adaptive nature

Complete control
Explores alternative (Smart Buyer)
Expansionist policy
Dedicates most of the time in business
Never sold goods on cost to cost

Back

13 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Advantages
Immune to change and high acceptance
Acknowledges innovation as key to success
Invest heavily in R&D

Technologically enabled and fast learner

Acknowledges Employees are facilitors to success
Has full control over on system in absences by
remote sensing and creating systematic protocols.
Regular Target settings and reviewing it.
Works Hard to keep the growth curve high
Back

14 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Disadvantage
Never anticipates failure
No Contingency plan ready (Plan B)
No time to private life
High dependency on current business, no alternate
business
No lateral thinking
Ignores potential threat in business
Invest all profits and finance in R&D

Back

15 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

POLC Analysis
Planning: Very much present, anticipates worst case
scenarios like power cuts ,strikes and accordingly
sets schedule.

Organizing: Protocols are set, Employees are trained to act

and react in any situation. As a set hierarchy of command
to take decisions in his absence.

Back

16 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Leading: First he learners and masters it and turns

instructor subsequently to teach employees. Also faces
worst case scenarios first and then employees.

Controlling: Has complete control on productivity

from any where due to remote sensing cameras. Deals
to suppliers and client al by self. Also has complete
control over technology less chance of being fooled.

Back

17 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Experience
Business is all about profit
CP=50 it cannot and should not be sold at SP=45

He may sell the product CP=50

at market 1 at SP=50
market 2 at SP=150 without any guilt.
The key to survival in business is innovation.

Back

18 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Learning's
Apart from producing good products
the major factor in business is marketing.

Good product and service can retain customer

but in order to acquire new customers marketing
is required.

Back

19 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Beliefs
Maintaining good relations with political and
social forces

Happy employees increases productivity

Expanding business in multiple location can help
in operating from various location also helps in
exploiting benefits of that location.
e.g. Taxation,
Access to market
Back

20 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Scope of Growth
Plastic ban can be taken as an opportunity for
developing business in bio plastic and more
promise able sector.
Most of the states have banned plastic. Hence
potential market for the newly developed product.
Also reduces future risk.
Putting recyclable impression would increase
sales.

Back

21 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Qualification
10th passed SSLC cleared.






Back

22 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Our Learning's
Smart management
Know all your possibility

Convert Threats in Opportunities

Setting goals considering worst case
scenarios

23 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Our Findings
Plastics is irreplaceable in human life hence
cannot be substituted.

But alternative domain is not much explored

such as Bio-Plastic which can be game
changer

24 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

Documents
# Principles and Practice of Management #Poject 1
#Century Polymers

25 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018

 Century Polymers

26 Principles and Practice of Management Semester-I Project-I Group-5 29/10/2018