morning star company

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BY ANJALI MEHTA(PGDM) SOURABH MAYABHATE (PGDM) VAMSI KRISHNA (PGDM) TARUN BHATT (PGDM) AKASH SHARMA(PGDM) ANKUSH GOEYL (BBA) ARJUN MEHRA (BBA) WENDELL (CMBA) SHARATH (CMBA) MOHIT BHATT (PGCM) CASE STUDY – MORNING STAR

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Page 1: morning star company

B Y

A N J A L I M E H TA ( P G D M )S O U R A B H M AYA B H AT E ( P G D M )

VA M S I K R I S H N A ( P G D M )TA R U N B H AT T ( P G D M )

A K A S H S H A R M A ( P G D M )A N K U S H G O E Y L ( B B A )A R J U N M E H R A ( B B A )

W E N D E L L ( C M B A )S H A R AT H ( C M B A )

M O H I T B H AT T ( P G C M )

CASE STUDY – MORNING STAR

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INTRODUCTIONCOMPANY PROFILENAME- MORNING STAR COMPANYFOUNDER-CHRIS RUFERORIGIN-CALIFORNIA,1970OPERATIONSTRANSPORTATION

PROCESSING

PAKAGING

COMPANY’S PRINCIPLE

NO TO PHYSICAL

FORCECOMMITMENTS

Page 3: morning star company

Case Synopsis

ORGANIZATION’S APPROACH-SELF MANAGEMENT

Self ManagementKey Issues InferenceData InterpretationSuggestionLearning

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Self management

WHAT IS SELF MANAGEMENT?WHY SELF MANAGEMENT?HIGHLIGHTS OF THE SYSTEM1. EMPLOYEE EMPOWERMENT2. IDENTIFICATION OF PERSONAL

MISSION

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COLLEAGUE LETTER OF UNDERSTANDING

GAINING AGREEMENT

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CAPITAL BUDGETING

COMPENSATION

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KEY ISSUES

PEER ACCOUNTABILITYFEASIBILITY OF THE SELF MANAGEMENT

APPROACH UPON EXPANSION OF THE COMPANYIS THE COMPENSATION SYSTEM ENOUGH FOR

DRIVING ACCOUNTABILITY BEHAVIOURS

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PROS CONS

EMPOWERMENT EVOLVEMENT OF

RELATIONS TOTAL

RESPONSIBILITY EMPLOYEE

DEVELOPMENT

LACK OF ROLES DEFINITION

NO PROPER INCENTIVE SYSTEM

LACK OF ADAPTABILITY

LACK OF MOTIVATION LACK OF

SYSTEMATIZED TRAINING

LESSER ACCOUNTABILITY

INFERENCES

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FACTS AND FIGURES

40%share tomato paste and diced tomato products. number colleagues 400 year around and 2000

partial year colleagues number of colleagues not following their

commitment was 15% 10% of the member holds other accountable morning star company colleagues are earning

10%-15% more than other industries

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SUGGESTIONSMENTOR SYSYSTEM

BETTER TRAINING PROCESS

BETTER INCENTIVE SYSTEM

BETTER SYSTEM TO EVALUATE UNDERPERFORMERS

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KEY LEARNINGS

IMPORTANCE OF FULLFILLING COMMITMENTSINCENTIVES ARE NEEDED FOR MOTIVATION CORRECT ASSIGNMENT OF THE WORKALIGNING THE PERSONAL GOALS WITH THE

COMPANY’S VISION