30-01-2013, 03:43 PM
FAG Bearings India Limited
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FAG Bearings India Limited, a member company of FAG group of Germany - is a leading player in the Indian Bearing industry.
The company manufactures a very wide range of bearings conforming to the stringent international quality standards.
FAG India's manufacturing plants, located at Vadodara, Gujarat, feature the most advanced manufacturing technology. The company is certified to ISO/TS 16949, ISO 9001, and ISO 14001 standards.
FAG India is a leading OEM supplier to the automotive industry, mechanical and electrical engineering industry, besides the Railways.
In 1997, FAG Bearing India Limited set up the country's first 100% EOU for bearings. Bearings produced at the EOU plant have gained ready acceptance and recognition of customers located in Europe, USA, Asia and Africa.
FAG's joint venture company - FAG Roller Bearings Private Limited - produces taper roller bearings at Chakan near Pune.
These are the main products of The FAG Bearings India Limited.
Indian Railways is the main customer of The FAG Bearings India Limited.
Management
in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources and natural resources.
The verb manage comes from the Italian maneggiare (to handle — especially tools), which in turn derives from the Latin manus (hand).
The French word mesnagement (later ménagement) influenced the development in meaning of the English word management in the 17th and 18th centuries.
Basic functions
Management operates through various functions, often classified as planning, organizing, staffing, leading/directing, controlling/monitoring and motivation.
Planning: Deciding what needs to happen in the future (today, next week, next month, next year, over the next five years, etc.) and generating plans for action.
Organizing: (Implementation)pattern of relationships among workers, making optimum use of the resources required to enable the successful carrying out of plans.
Staffing: Job analysis, recruitment and hiring for appropriate jobs.
Leading/directing: Determining what needs to be done in a situation and getting people to do it.
Controlling/monitoring: Checking progress against plans.
Levels of management
Most organizations have three management levels: first-level, middle-level, and top-level managers. These managers are classified in a hierarchy of authority, and perform different tasks. In many organizations, the number of managers in every level resembles a pyramid. Each level is explained below in specifications of their different responsibilities and likely job titles.
Top-level managers
Consists of Board of Directors, President, Vice-president, CEOs, etc. They are responsible for controlling and overseeing the entire organization. They develop goals, strategic plans, company policies, and make decisions on the direction of the business. In addition, top-level managers play a significant role in the mobilization of outside resources and are accountable to the shareholders and general public.
According to Lawrence S. Kleiman, the following skills are needed at the top managerial level.
Broadened understanding of how: competition, world economies, politics, and social trends effect organizational effectiveness .