Principles of management
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PRINCIPLES OF MANAGEMENT. By, Tracy Mary Riya Cherian Denzel Jacob Teslin Ranjan V Libni Mary Jacob Bony S Tharappel Thomas Varghese. MISSION Avenue Aviations has set up innovation centres to come out with the latest and most innovative methodology to achieve it targets. VISION

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PRINCIPLES OF MANAGEMENT

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Principles of management

PRINCIPLES OF MANAGEMENT

By,

Tracy Mary

Riya Cherian

Denzel Jacob

TeslinRanjanV

LibniMary Jacob

Bony S Tharappel

Thomas Varghese


Principles of management

MISSION

  • Avenue Aviations has set up innovation centres to come out with the latest and most innovative methodology to achieve it targets.

    VISION

  • To be among the top 10 global aerospace serviceproviders by the year 2020.


About us

ABOUT US

  • Aerospace and Defence Services.

  • It is a $ 6 Billion company.

  • Headquarters at Bangalore, India.

  • Current clients include Bombardier Air, Boeing etc

  • Total number of employees250


Principles of management

ORGANIZATION CHART

Chief Executive Officer

(Thomas Varghese)

Chief Financial Officer

( TeslinRanjan V. )

Chief Marketing Officer

( Libni Mary Jacob )

Chief of Human Resources

( Bony Tharappel )

Program Manager

( Denzel Jacob )

Delivery Manager

( Tracy Mary )

Delivery Manager

( Riya Cherian )


Principles of management

PROGRAM MANAGER

DELIVERY MANAGER

DELIVERY MANAGER(NC)


Principles of management

DELIVERY MANAGER(NC)

  • Team Lead

Technical Head

  • Supervisors

  • Senior Technical Consultants

  • Engineers

Technicians


Principles of management

DELIVERY MANAGER(DEsign)

  • Team Lead

Technical Head

  • Supervisors

  • Senior Technical Consultants

  • Engineers

Technicians


Principles of management

VP HR and Administration

  • Compensations Head

  • Training Head

Recruitment Head

  • Asst. Associates

  • Asst. Associates

  • Asst. Associates

  • Asst. Associates

  • Asst. Associates

Asst.

Associates


Process of human resource management

PROCESS OF HUMAN RESOURCE MANAGEMENT


Scope for a d service industries

Scope for A&D Service Industries

  • The top 100 A&D companies set records in 2013, reporting $719 billion in revenue and $66 billion in operating profit.

  • The scope in the aerospace service industry is currently estimate over $800B for the year 2014-2015.


Principles of management

  • A survey by Yukon Bureau of Statistics Business Survey, found that 85.2% of employers opt for wage increases to keep employees on while 58.4% opted for a benefits package.  

  • Creative strategies that go beyond pay and benefits can be employed to attract and retain employees


Retention strategies

RETENTION STRATEGIES

  • Providing a suitable work environment for the employees.

  • Arranging surprises for employees on their birthday’s, anniversaries etc.

  • Monthly bonuses and incentives based on their performances.

  • Direct appreciation from top management for the notable achievements of the employees.

  • Distributing certificates in recogniton of the employee’s achievement.


Principles of management

CFO

Financial Controller

Division Manager’s

Accounts Payable Manager

Payroll Manager

Accounts Receivable Manager

Accountants

Clerks

Accountants

Clerks

Accountants

Clerks


Revenue history

Revenue History


Profit

Profit


Principles of management

CHIEF MARKETING OFFICER

COMMUNITY RELATIONS & MARKETING EXECUTIVE ASSISTANT

DIRECTOR

International Marketing

DIRECTOR

Customer Experience

DIRECTOR

Marketing

Sales & Marketing Analyst

Partnership Marketing

Trade Shows & Events Coordinator

Communication

Coordinator

Public Relations


Financial management cycle

FINANCIAL MANAGEMENT CYCLE


Financial capacity

FINANCIAL CAPACITY


Better financial management can be done by

Better Financial Management can be done by

  • Establishing a viable contingency plan

  • Ensure that contingency plans are formulated and viable in the event of non- performance by the service provider.

  • Create cross-functional teams, including internal audit, legal and the business units, to ensure a broad representation of viewpoints and to enhance institution-wide support.

  • Periodically review, renegotiate and renew the contract. Reset target service levels annually.


Principles of management

  • Negotiate a written contract that is operationally flexible and that clearly articulates the expectations and responsibilities of both sides.

  • Financial institutions view outsourcing as a valuable strategic tool that enables them to focus on core competencies by shifting direct operational responsibilities to the service provider and gaining industry expertise.

  • Digital marketing budget is expected to rise as organizations move more towards digital marketing adoption. Therefore a separate reserve will be provided for it. 


Scope a d sector us 1723b

Scope A&D Sector- US$1723B

Global A&D Spending


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