preview

Principles Of Management: Principles Of Management In Hyka Motors

Better Essays

PRINCIPLE OF MANAGEMENT ASSIGNMENT

P-O-L-S-C Functions of management in HYKA MOTORS

SUBMITTED BY,
ARUN MATHEWS JCCOB
P14238
PGDM-C
HYKA MOTORS

Hyka Motors is a start-up organization that that is completely dedicated in the designing and manufacturing of the hybrid automobiles. Hyka motors started services in India in 2007 as a hybrid technology firm concentrated in petro-hybrid engines, hybrid batteries and soon established as a Hybrid Automobile manufacturing company, with major production plant located in the heat of Kakkanad, Ernakulum in Kerala. The company is in partnership with Nissan Motors, India for its Distribution and Services network in India. The company is headed by Gokul Men on (CEO) and aims in manufacturing best …show more content…

The Hyka Motors has divided the work among the employees, and human personnel that requires necessary skills and abilities in giving what the each necessities Starting from the top level management the If the management organize the company effectively, then it will experience the desired goals and vice versa. Coordinating of the organization roles is important considering it is made up of many groups. Management has a vital role of making all the teams in the organization working towards achieving a common goal. This makes sure that there is unison and harmony as management oversees the direction where organization is heading too and what are the necessary steps needed to be undertaken to attain their …show more content…

Leading involves motivating, communicating, guiding, and encouraging. Also it requires the manager to train, assist, and problem solve with employees. Leading management function in Hyka Motors deals with development of effective working procedures to make sure that organizational purposes are met. It directly deals with influencing, motivating, and guiding the employees towards achievement of the organizational goals. The Hyka Motor is led by Gokul Menon who is the CEO of the company. Under the CEO there are managers under each department as Finance Manager, Sales and Marketing Manager, HR Manager, Production and Design and Production Manager, Administration manager. Each of these manager leads or direct employees in their departments and ensure that they are doing the right job. The contingency approach is applied in the company that there's no single system that can apply to all workplace challenges. Managerial employees work to control specific solutions to handle issues in the company and satisfy client needs. This means assigning employees to a task based on relevant skills, developing situational strategies to meet deadlines, and integrating these efforts to provide a fully realized plan of action. Managers using the contingency approach only deals with challenges and risks as these situations

Get Access