DESCON. November 2008. HK000NG2. Who are we?. ENGINEERING. CHEMICAL & TRADING. POWER. DESCON ENGINEERING LIMITED. Descon Abu Dhabi. Descon Hamriya. Descon Qatar. Olayan Descon Saudi Arabia. Tawoos Descon Oman. JGC Descon Lahore. Presson Descon Lahore.
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Nimir Resins Ltd.
Rousch Pakistan Power Ltd
Altern Energy Ltd
Office established in Abu Dhabi
Hamriyah Manufacturing Works, Sharjah, commissioned
Company registered under the name Design Engineering Services and Construction (“DESCON”)
Descon Engineering Qatar LLC established; Yanbu (saudi Arabia) Workshop commissioned
Ghayathi shop established in Abu Dhabi
Tawoos Descon International, a JV company, established in Oman
Descon acquires a small sulphuric acid manufacturing unit, renamed as Salfa Chemicals
Company name changed to Dawchem Industries (Pvt) Ltd.
Descon acquires Delta Industries (Pvt) Ltd.; Salfa merged into Delta Industries
Descon acquires Nimir Resins Limited
Hydrogen peroxide (H2O2) is a weak acid composed of water and hydrogen gas
The chemical is an economically viable and environmentally friendly oxidizing agent that is used in a number of industries, particularly in bleaching and sterilization processes
H2O2 qualifies as a bio-degradable product since the residual products after reaction are simply water and oxygen
In Pakistan, the major demand for H2O2 is derived from the textile industry and the paper and pulp industry
Until Sitara Peroxide set up its H2O2 plant in 2007, the demand for H2O2 was entirely met through imports
Project Implementation Schedule
Paper & Board Industry.
Food & Packaging.
Water Treatment Plants.
Strategic Purpose:The first purpose of performance management systems is to help top management achieve strategic business objectives.Administrative Purpose:A second function of performance management systems is to furnish valid and useful information for making administrative decisions about employees.Information Purpose:Performance management system serve as an important communication device. First, they inform employees about how they are doing and provide them with information on specific areas that may need improvement. Second, related to the strategic purpose, they provide information regarding the organization’s and the supervisor's expectations and what aspects of work the supervisor believes are most important.Developmental Purpose:Feedback is an important component of a well-implemented performance management system. This feedback can be used in a developmental manner. This feedback allows for the identification of strengths and weaknesses as well as causes for performance deficiencies. Organizational Maintenance Purpose:To provide information to be used in workforce planning.Documentation Purpose.
A performance management system can make the following important contributions:
01. Strategic Congruence:The system should be congruent with the unit and organizational strategy. In other words, individual goals must be aligned with unit and organizational goals.02. Thoroughness.03. Practicality.04. Meaningfulness.05. Specificity.06. Identification of effective and ineffective performance.07. Reliability.08. Validity.09. Acceptability and fairness.10. Inclusiveness.11. Openness.12. Correct ability.13. Standardization.14. Ethicality.
Use of misleading information.
Wasted time and money.
Decreased motivation to perform.
Employee burnout and job dissatisfaction.
Increased risk of litigation.
Unjustified demands on managers’ resources.
Varying and unfair standards and ratings.
Unclear ratings system.
Training & Management
Best available tools of management
Open door policy
Ownership & commitment
Well defined tasks with time lines
Allocation of resources
Balance of authorities & powers