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Functional Areas at TVS Motor Company

This document summarizes a study on the functional areas of TVS Motor Company Ltd conducted by V. Sivanesh for his MBA degree. It includes an introduction outlining the purpose and structure of the report. The company profile section notes that TVS Motor Company is India's third largest two-wheeler manufacturer and part of the larger TVS Group conglomerate established in 1911. The report will examine the different functional departments at TVS Motor Company including production, marketing, human resources, finance, and systems.

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67% found this document useful (3 votes)
830 views23 pages

Functional Areas at TVS Motor Company

This document summarizes a study on the functional areas of TVS Motor Company Ltd conducted by V. Sivanesh for his MBA degree. It includes an introduction outlining the purpose and structure of the report. The company profile section notes that TVS Motor Company is India's third largest two-wheeler manufacturer and part of the larger TVS Group conglomerate established in 1911. The report will examine the different functional departments at TVS Motor Company including production, marketing, human resources, finance, and systems.

Uploaded by

Siva Vijay
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
  • Introduction
  • Objectives of the Study
  • Industry Profile

A STUDY ON FUNCTIONAL AREAS OF TVS MOTOR COMPANY LTD, HOSUR

INPLANT TRAINING REPORT Submitted by [Link] [Link] (AC10MBF089) In partial fulfilment for the award of the degree Of MASTER OF BUSINESS ADMINISTRATION

Under the guidance of


SILAMBARASAN [Link]., MBA,

DEPARTMENT OF MANAGEMENT STUDIES ADHIYAMAAN COLLEGE OF ENGINEERING (An Autonomous Institution, Affiliated to Anna University of Technology, Coimbatore) Dr. MGR Nagar, Hosur 635109

JULY 2012

BONAFIDE CERTIFICATE
This is to certify that the training report entitled TVS MOTOR COMPANY Ltd submitted by [Link] (Reg. No. AC10MBF089) is a bonafide record of the industrial training done by him during the academic year 2011-2012, under my supervision and guidance in partial fulfillment for the award of Degree of Master of Business Administration.

Place : Date :

Guide [Link]

Head of the Department Dr V. Navaneetha Kumar

DEPERTMENT OF MANAGEMENT STUDIES

Submitted for the Inplant training Viva-Voce examination held on ----------------

-------------------Internal Examiner

--------------------------External Examiner

DECLARATION

I hereby declare that the work entitled A STUDY ON THE FUNCTIONAL DERARTMENTS IN TVS MOTOR COMPANY LIMITED submitted to the Anna University in partial Fulfilments of the requirements for the award of degree in Master of Business Administration, is a record of original work done by me under the guidance of [Link] MBA, Department of Management studies, Adhiyamaan Engineering College, Hosur.

Place: Date: [Link]

ACKNOWLEDGEMENTS

I take this opportunity to thank all those who helped me in completing this work successfully. First of all, I thank the Almighty for his blessings to me. Express my sincere thanks and sense of gratitude to my respected principal Dr. [Link] PhD Principal of Adhiyamaan Engineering College, Hosur for having granted permission to do this summer project. My most thanks to my respected Director Dr. V Navaneetha kumar MSc, MBA, PhD Department Of Management Studies, AERI for his continuous guidance to us. I also thank [Link] [Link] MBA, department of management who has been with me in submitting this report. I also wish to express my heartful thanks to [Link] group managerEmployee relations, Executive-Human Resources, for providing me support to know the functional areas of Titan Jewellery Ltd.., Hosur. I also take this opportunity in thanking [Link], HR, Titan Industries Limited, for her valuable guidance during my implant training. I also thank my beloved parents and brother for their love and support to complete my training successfully.

[Link]

CONTENTS

PAGE NO

1. 2. 3. 4. 5.

Introduction Objectives of the study Industry profile Company profile Functional departments Production department Marketing department Human Resource department Systems department Finance department

6. SWOT Analysis 7. Conclusion 8. Bibliography

INTRODUCTION

Anna University has incorporated institutional training as a component of Master of Business Administration (M.B.A) course. This training program is designed with a view to enable the student to have an exposure and work experience in the field. As a student of M.B.A., I underwent training at TVS MOTOR COMPANY, Hosur for a period of 3 days. Here, I am submitting the report of the institutional training. A detailed working experience that I have gained during the training in various departments of TVS, Hosur is presented. I have also given a brief profile of the organization to which I have been deputed as a trainee. A study on functional areas in the TVS MOTOR COMPANY LTD., deals with all the functional departments of the company. All the departments play a vital role in the company, each department performs separate task but they are inter related with each other. In order to make the work efficient the individual should be trained well. Training is used as a tool for that and training differs based on curriculum and job profile of each individual. The employees are given training in the organization to do their work very easily. The Industrial training is also helpful to acquire new manipulative skills, technical knowledge, problem solving ability, attitude they also gain some industrial experience during the period of training.

OBJECTIVES OF THE STUDY


To study the functional areas.

To study the policies, procedures and the strategies followed in the organization.

To get an industrial exposure.

To learn the organizational activities.

To gain knowledge about the company this will help in shaping my career.

To have an interaction with the industry people.

To make me socialized to the industrial culture.

To get a practical knowledge about the company

TVS Motor Company Limited Company Profile TVS Motor Company, the flagship company of the TVS Group, is Indias third largest two-wheeler manufacturer and one among the top ten in the world. The TVS Group was established back in 1911, when the founder of the company, Shri T V Sundaram Iyengar created an enduring business, led by a family of like-minded workers and managers united by a set of high, yet shared principles. Driven by this inspiration, the TVS group has today emerged as India's leading player in the automobile and automotive components industries. The group has 30 companies employing a work force of around 40,000 people. TVS Motor Company is the largest among the group companies in terms of size and turnover.

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The marketing department at TVS Motor Company supports strategic initiatives by promoting the brand and products, engaging with customers, and driving sales through effective campaigns. It focuses on market analysis and customer feedback to tailor strategies that increase market share and brand loyalty. In contrast, the systems department supports strategic initiatives by providing the technological infrastructure required for operations and decision-making. It ensures that IT systems align with business needs, facilitating data-driven decision-making and operational efficiency. While the marketing department emphasizes external customer engagement, the systems department enhances internal capabilities and process efficiencies. Together, they help achieve comprehensive business goals by complementing each other's efforts .

TVS Motor Company leverages its historical foundations in today’s competitive market by adhering to the core values and principles established by its founder, which emphasize quality, integrity, and innovation. These enduring values create a strong brand identity and guide the company’s strategic decisions. TVS uses its legacy of engineering excellence as a competitive advantage, focusing on R&D and product development to introduce innovative offerings and maintain customer loyalty. By upholding its reputation for reliability and customer satisfaction, the company attracts a dedicated customer base and establishes itself as a trusted industry leader against competitors .

The primary functional areas of TVS Motor Company include the production, marketing, human resource, systems, and finance departments. Each of these departments plays a crucial role and is interconnected to achieve the company's overall objectives. The production department focuses on manufacturing and operations, ensuring that the output aligns with demand. The marketing department's role is to promote products and create demand across markets. Human Resources manage recruitment and training, equipping employees with the necessary skills. The systems department supports information technology needs, enabling smooth operations across the board. Lastly, the finance department oversees financial planning, reporting, and control. These departments work together by maintaining communication and collaboration to align their goals with the company's strategic objectives, creating a cohesive organization .

The systems department is crucial in ensuring operational efficiency at TVS Motor Company by managing the IT infrastructure that underpins all business operations. It ensures that the systems are reliable, secure, and capable of supporting complex manufacturing and business processes. Through effective management of IT resources, it helps minimize downtime, streamline workflows, and facilitate communication across departments. The department also plays a pivotal role in implementing technology-driven solutions that enhance decision-making capabilities, thus contributing to overall operational excellence and efficiency. This department’s work is integral to maintaining the competitive agility of TVS Motor Company .

The strategic objectives of TVS Motor Company, as outlined in the training report, include maintaining its position as a leading player in the two-wheeler sector, expanding its market reach, and investing in innovation and technology to improve product offerings. These objectives relate to the company's historical foundations as they stem from the guiding principles and values established by the founder, Shri T V Sundaram Iyengar. The legacy of high standards and a focus on sustainable growth fostered a strong brand identity, which continues to drive the company's strategic initiatives today. By maintaining this vision, TVS Motor Company builds upon its historical strengths while adapting to modern market demands .

The production department at TVS Motor Company plays a critical role in the overall strategy by ensuring that manufacturing processes are efficient and meet quality standards. It focuses on optimizing production lines to enhance productivity and reduce costs, directly contributing to the company's ability to meet market demand and achieve financial targets. The department is integral in implementing new technologies and innovations in production methods, which supports strategic goals of maintaining competitiveness and expanding market presence. Its functions align with the company’s strategic emphasis on quality and efficiency .

SWOT analysis is significant for understanding TVS Motor Company's strategic position because it allows the company to leverage its strengths, address weaknesses, capitalize on opportunities, and mitigate threats. Strengths like a robust market presence and engineering capabilities give TVS a competitive edge. Identifying weaknesses, such as gaps in international presence, helps in strategic planning. Opportunities like expanding electric vehicle offerings can drive future growth, while understanding threats from competitors and regulatory changes allows the company to strategize effectively. This comprehensive analysis aids in decision-making and strategic planning, ensuring sustainable growth .

TVS Motor Company manages its human resources by adopting a comprehensive human resource strategy that aligns with its strategic business objectives. This includes recruiting skilled employees who fit the company culture, providing ongoing training and development to enhance their competencies, and fostering a participative environment that encourages innovation and efficiency. Performance management systems ensure employees' goals align with corporate objectives, and reward systems are designed to motivate high performance. These HR practices ensure that employee efforts are directly contributing to achieving business objectives, maintaining the company's competitive edge in the market .

Training at TVS Motor Company aids in personal and professional development by providing employees and trainees with practical exposure, enhancing technical skills and problem-solving abilities. Through structured programs, employees are equipped to handle their roles efficiently and adapt to company practices, which contribute to their career growth. Training also involves socialization to industrial culture, making employees more adept at interacting within the industry. It serves as a tool to ensure individuals can meet job-specific demands and helps shape their career trajectory by giving them firsthand industry experience .

The policies and procedures at TVS Motor Company facilitate achieving its business goals by providing a structured framework ensuring consistency, efficiency, and alignment with strategic objectives. Company policies cover aspects from production protocols to employee conduct, which supports the smooth execution of complex operations. Procedures in departments like finance and marketing ensure adherence to tight regulations and alignment with customer expectations. These policies and procedures underpin the company culture, promoting a high-standard work environment that is essential for achieving business success and operational excellence .

“A STUDY ON FUNCTIONAL AREAS OF                     
TVS MOTOR COMPANY LTD, HOSUR”
BONAFIDE CERTIFICATE 
 
          This is to certify that the training report entitled “TVS MOTOR COMPANY Ltd” 
submitted by
DECLARATION 
 
                            I hereby declare that the work entitled “A STUDY ON THE 
FUNCTIONAL DERARTMENTS IN
ACKNOWLEDGEMENTS 
 
           I take this opportunity to thank all those who helped me in completing this work 
successful
S.NO 
 
CONTENTS 
  
 PAGE 
NO 
 
          1. 
 
Introduction 
 
 
          2. 
 
Objectives of the study
INTRODUCTION  
                     
                          A
OBJECTIVES OF THE STUDY 
 To study the functional areas. 
 
 To study the policies, procedures and the strategies foll
TVS Motor Company Limited – Company Profile  
TVS  Motor  Company,  the  flagship  company  of  the

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