Mister. R. E. Mishra has a small trading company in Varanasi by the name of RKM Companies. The company presented raw materials to the companies of silk sarees. The business enterprise enterprise is usually engaged in availability of silk sarees and other man made fibre garments created by local weavers to the big stores in major cities. In addition they have got substantial foreign trade orders.
The organization is mainly a family group based business. Mr. L. K. Mishra is the Representative and his child Ritesh is looking after finance department. The son is usually assisting his father in other strategical concerns. Key decisions are used by the Director himself following occasional talks with Ritesh.
The existing worker strength much more than 200 with 12-15 offices pass on across the country. Over the last one 10 years of the existence, the company has grown noticeably. In fact , the turnover overtaken Rupees 75 million back in 2003-04.
However , ever since then the business faced stiff competition from other traders. In previous one year the orders that have been received have got reduced substaintially.
Rohit, young son with the Director is holding a management degree from Banaras Hindu University. He has recently left a job with an MNC found in Mumbai and joined his father's business to help in solving the difficulties.
After becoming a member of, Rohit manufactured several modifications in our organisation. A serious restructuring travel was accomplished. The specialist to take several major decisions was sent to lower levels. Organisation framework ws also made flatter. Instructions were given to all managers to consult all their subordinates just before taking virtually any decisions. Having been determined to view that the organization was skillfully managed.
1 . " The managing of RKM Enterprises is usually not specialist and is relatives basedвЂќ. Review and review.
installment payments on your Analyse the changes brought in simply by Rohit.