a presentation on management practices in banglalink

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  • 7/21/2019 A Presentation on MANAGEMENT PRACTICES in BANGLALINK

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    A Presentation on

    MANAGEMENT

    PRACTICES in

    BANGLALINK

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    BANGLALINK AT A GLANCE

    Subsidiary of Orascom Telecom

    Established: February 2005

    Growth rate of 257%

    Subscriber: 29.5 million

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    Management Functions of Banglalink

    Planning,

    Organizing,

    Leading & Motivating,

    Controlling.

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    Strategic Planning

    Market Needs

    Quality Network Service

    Superior Customer Service

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    Formulation

    Customer Segmentation

    Marketing Mix

    Product Positioning

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    Implementation

    Service at Low Price

    Continuous development of Marketing Strategy

    Promotion of Product

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    NetworkUnorganized structure

    Inadequate Human Resource

    Bureaucracy

    Re-invest in new technology Strong Distribution of

    others

    Price wars

    Huge capital investment

    Expertise

    Tight control over sales

    process

    SWOT Analysis of BANGLALINK

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    Departmentalization

    FunctionalDepartments

    finance

    Technical

    Customer care

    sales

    marketing

    Humanresource

    Administration

    IT andBilling

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    Work Specialization

    Skilled Department Managers

    Challenging work

    Promotions based on performance.

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    Leading in BANGLALINK

    Leadership Style:

    Coordination of Operations

    New ideas for customer satisfaction

    Democratic

    Transparency in communication

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    Leading in BANGLALINK

    MOTIVATION:

    Continuous policy Development

    Promotions based on performance

    Working environment and

    challenging milestone

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    Leading in BANGLALINK

    Training:

    Effective training system

    Quarterly Training Plan

    Scenario based Training program

    On -the -job training

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    Leading in BANGLALINK

    Employee development:

    Individual & dual career progression

    Care of expertise

    Coordination between training and development

    [short and long term]

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    Controlling of Banglalink

    Performance management:

    Effective performance appraisal

    360 degree appraisal

    Synchronize pay system and performance

    appraisal

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    REWARD AND COMPENSATION

    Intrinsic and extrinsic rewards

    Top level employees get much more

    Incentives and bonuses

    Equal pay

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    Conclusion and Recommendation

    Effective and Efficient

    Network system and their call rates

    Focus on factors such as trust, reliability, and

    information availability