ARVIND MANHAS
-
Upload
arvind-manhas -
Category
Documents
-
view
230 -
download
0
Transcript of ARVIND MANHAS
-
8/3/2019 ARVIND MANHAS
1/12
TVS INTERCONNECTSYSTEMS LTD.
Under the guidance ofExternal Guide Internal GuideRajashekar Rai K N PROF. E. GEETHA VENUHead Business HR Department of ManagementTVSICS, Bangalore Programme, CMRIMS
Prepared by
ARVIND MANHAS10201014
AN INTERNSHIP REPORTON
-
8/3/2019 ARVIND MANHAS
2/12
OBJECTIVE OF THEINTERNSHIP STUDY
To understand the functioning of theorganization & conduct SWOT Analysis
Enhance knowledge by interacting withcorporate people
To understand how management theories
are actually practiced
-
8/3/2019 ARVIND MANHAS
3/12
COMPANY PROFILE TVSICS started its operations in 2000
Belongs to TVS Group of companies
Headquartered in Bangalore
Have more than 25,000 employees and revenue of over US$ 5 Billion
Manufacturer and service provider for telecom Industry
Major Market share
Alliances with International Companies
Products
1. Base station antennas
2. Coverage solution
3. RF conditioning devices Services
1. Telecom integration
2. O&M services
3. Value added services4. Total solutions provider
-
8/3/2019 ARVIND MANHAS
4/12
CUSTOMERS OF TVSICS
-
8/3/2019 ARVIND MANHAS
5/12
COMPETITORS
Rosenberger and Amphenol.
ANDREW TELECOM INDIA PVT. LTD
Synergy Telecom (P) Ltd
Manufactures base station antenna
ACE Mechatronix IndiaPrivate Limited
Inotek solutions Pvt Ltd.
Dolphin Solutions.
-
8/3/2019 ARVIND MANHAS
6/12
FUNCTIONALDEPARTMENTS
FINANCE AND ACCOUNTING DEPARTMENT
1. Financing
2. Update Managers
3. TAX AUDIT
4. Finalization of Accounts
5. Preparation of Budget
6. Management of Investments and Taxes of Company
7. To Prepare Interim Financial Statements and Annual Final
Accounts8. Payroll
9. Cash collections and payments
-
8/3/2019 ARVIND MANHAS
7/12
SALES AND MARKETING DEPARTMENT
1. Preparation of budget for various promotional activities
2. Ensures renewal of contracts
3. Creates advertisement material4. Works together with the management objectives
5. Identify important clients
HUMAN RESOURCE DEPARTMENT
1. Recruitment of Employees
2. Compensation
3. Human Resource Planning (HRP)
4. Performance Evaluation
5. Training and Development
PRODUCTION AND OPERATIONS DEPARTMENT1. Turn inputs (raw materials) into outputs
2. Quality control
3. Ensuring product made according to requirements
-
8/3/2019 ARVIND MANHAS
8/12
SWOT ANALYSIS STRENGTHS
1. Brand name in the industry
2. The Indian telecom market is a high density area3. High growth rate
4. Company provides services to most of the leading companies of thecountry
WEAKNESSES1. Poor Telecommunication Infrastructure
2. Late adoption of 3G technology
OPPURTUNITIES1. 3G Telecom services and 4G services
2. New players are coming in operations for connectivity3. Upcoming big projects with operators
THREATS1. Telecommunication Policies - Market strongly regulated by
Government
2. Declining ARPU (average Revenue per user)
-
8/3/2019 ARVIND MANHAS
9/12
FINDINGS
Function of HR is very essential. Company provides services to most of
the leading companies
Upcoming projects in future are 3G and4G up gradation
Space given to circle office is less
Facing the problem of chart of accounts
The company has less global exposure Organizational structure of the company
is confusing
-
8/3/2019 ARVIND MANHAS
10/12
SUGGESTIONS
Disengagement of employees
Company should decrease the number of
accounts Circle office should be shifted
Initiate more global ventures
Organizational Structure should besimplified.
-
8/3/2019 ARVIND MANHAS
11/12
SPECIAL TASK: MAJOR PROBLEM IDENTIFIED
Problems associated with Chart of Accounts1. Too many general ledger accounts
2. Too much detail in Selling General and Administrative Expenses
3. No departments, product lines or regional data tracked
Objective of the study1. To avoid confusion on which transaction comes under which
chart of account.2. To eliminate the errors in accounts.
SOLUTION FOR THE PROBLEM OF CHARTOF ACCOUNTS
1. Reduce the number of active accounts2. Reducing the number of departments
3. Reduce the number of accounts that are used to contain non-accounting information.
4. Restructure the chart of accounts numbering system
-
8/3/2019 ARVIND MANHAS
12/12