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Presented by:-
Murtaza Sadriwala ± 64
Mushtak Shaikh - 66
Nawaf Ghansar ± 70
Mohsin Khan - 62
Yusuf Hotelwala ± 118
Nikhil Prabhu - 72
 „ntroduction
D Mr. Nagesh Samuel established ³Nagesh iron and steel company ltd´ in
the year 1986 with its head office located at Delhi.

D The company was established in Bilaspur in MP on a 400 acres land.

D The workforce strength was 3000.Out of which 1800 workers were on

contract basis. They formed a union which was affiliated to INTUC.

D Most of the workers hailed from Orissa, Bihar and Madhya Pradesh and
the literacy rate was very low amongst them.

D The CMD (Nagesh Samuel) was a religious, dynamic person who

believed in making quick decisions without consulting others.
 Problems
D The CMD used to control the plant from the Delhi head office & visited the
factory occasionally.

D He recruited employees at senior level by being biased and gave more

preference to his relatives.

D The literacy rate amongst the employees was low.

D The CMD followed the Autocratic style of leadership.

D The working capital of the company was very high (around 9crores a month)
due to which he could not afford to stop the production.

D Due to this the union took undue advantage of Management for fulfilling their
needs.

D The CMD sacked 12 employees without any prior information and investigation.

D The company was also facing a financial loss of 300-400 crores and hence the
production on daily basis was very vital for the company.
 mecommendations
D The CMD should employ people on basis of their skill and knowledge
and not on the basis of Relationship.

D The Management should reduce the communication barriers between

the workers and them.

D The autocratic mode of decision making should change and the

workers should be able to give their opinions.

D The labour union should not take undue advantage of the management
and should focus on production.

D The CMD should visit the factory on regular basis and should interact
more with the employees.

D The Literacy rate among the employees should be improved.

D Proper investigation to be done prior sacking any employees.

 Solutions
Mr. Nagesh Samuel should follow democratic style of leadership which will help him to
reduce the barriers between the employees and the management .
p

 

D Involve employees in decision making.

D Create trust.
     

D Communication should flow from top to

bottom.  



  


D Emphasis on ³we´ rather than ³you &

I´.