Perspective Management Project
MMS Batch 2023-25
3rd November 2023
At the most fundamental level, management is a discipline that consists of a set of five general functions: planning, organizing, staffing, directing, and controlling. These five functions are part of a body of practices and theories on how to be a successful manager.
The class of MMS batch 2023-25 was given a project to use the basic five functions in different settings. Following were the projects:
Group 1: State-owned Oil and Natural Gas Corporation (ONGC) has signed a pact with Norwegian energy giant Equinor ASA for collaboration in oil and gas exploration and production as well as clean energy projects. The memorandum of understanding (MoU) was inked in 2022. What planning must have gone in the MoU; what factors must have been included into the plan.
Group 2: Design strategies for organizing collection of maximum income tax. It is a crucial source of money for governments. India has a population of almost 136 crore people, and it is the world’s second-largest country after China. When it comes to filing taxes, however, barely 5% of the whole population has done so in FY22. India has a low tax-to-GDP ratio between 10% and 12%, which is significantly lower than the emerging market economy average of 21% and according to the OECD (organization for economic co-operation and development) average of 34%, according to media reports.
Group 3: Suzlon Group has an overall rating of 3.9 out of 5, based on over 575 reviews left anonymously by employees. 84% of employees would recommend working at Suzlon Group to a friend and 80% have a positive outlook for the business. Bur recently the company has occurred losses. The group was given task of designing staffing strategies of engineers.
Group 4: What directions would the group give HUL to acquire Sunbean coffee of ITC? The stress was laid on valuation of Sunbeam brand. HUL has a wide and flexible portfolio of 50+ brands, spanning 16 FMCG categories, which are a part of everyday life of millions of consumers across India. Sunbean Beaten Caffe Powder is made from premium Arabica and Robusta coffee beans from the plantations of South India. The group had to give directions for acquisition of Sunbean from ITC to HUL.
Group 5: What kind of controlling activities would go in promotional strategies of Gujrat Tourism Development Corporation. Vibrant Gujarat stretches out into the Arabian Sea, with a hint of the desert and a coastline of 1600 km. November to February is the best time to visit Gujarat. The weather is pleasant, and the warm sun makes the perfect time for travelling Gujarat.
Group assignments allow students to become active participants in their learning. They help students develop skills valued by employers such as problem-solving, negotiation, conflict resolution, leadership, critical thinking and time management and students get exposed to diverse ideas and approaches.
The students gave good presentations.