Internship Report Infiniti the resource group PREPARED BY: Sadaf Noreen MBA Student ID: - mc080204344 Submission date: January31,2014 PREPARED FOR: MISI619 Virtual University of Pakistan. 1 Letter of Undertaking 2 Scanned copy of the internship certificate 3 4 5. Acknowledgement First of all I praise to Allah, the Beneficent, the merciful, and respect for His Prophet “Peace Be upon Him” who made us recognize our creator. I am thankful and grateful to Infiniti-The Resource Group for giving me the chance to complete my internship successfully and its Employees especially HR manager who provided me a friendly and knowledgeable environment through which I have completed this internship report. I am also thankful to Virtual University of Pakistan, for providing me the opportunity and giving me the right environment to complete this report. Finally, I am thankful to my family and friends for their supports for helping me out in completing this report. I would never been able to achieve this by myself. 5 Executive summary This report is based on Infiniti which is a worldwide real estate & property business resource group. One of the largest company which has more than 40 projects. Its services are admired by its ultimate customers all over the Pakistan. I selected Infiniti for MBA internship program because Infiniti is a very unique company adopting a unique concept “one stop solutions” and its a fast growing company these days. Being a student who wants to make a mark in information technology field, I found the best place to gain practical understanding was to do internship in Infiniti- The Resource Group. I am proud to work as an internee with Infiniti and this experience have really polished my professional skills and abilities which will surely help me in future. My Internship duration was of almost two months. The absolute guidance and concern of higher management, perfect working environment with immense cooperation of the staff of all departments especially the IT department facilitated in making my internship a wonderful learning experience in all aspects. During my internship I worked in IT, Marketing Department, HR Department I successfully completed all the task/duties that were assigned to me. Through this internship I learnt more about the IT department of the organization how it works. Lastly I would say that Infiniti introduces new products and services that took full advantage of new technologies and I hope that it will tend to do so in the coming future and provide stiff competition to any challenger that poses a threat to Infiniti. 6 Table of Contents Letter of the Undertaking ………………………………………2 Scanned copy of the internship certificate……………………...3 Acknowledgment ………………………………………………..4 Executive Summary…………………………………………..... 6 Overview of the organization……………………………………9 Organizational structure………………………………………...11 Main Offices…………….…………………………………...…...12 Introduction to Departments……………………………………12 Organizational management Analysis…………………………..16 Plan of internship program ….. . ……………………………….17 Training program…………………………………………………17 Structure of the IT department………………………………......21 7 Support to other departments…………………………………….30 Critical analysis…………………………………………………....32 SWOT analysis of the organization……………………………....32 Internal Factor Evaluation…………………………………….…35 External Factor Evaluation……………………………..…….….36 TOWS Matrix …………..………………………………….……..37 CPM ………………..….………………………………….………39 BCG Matrix ………………………………………………..….41 Porter Five Forces………. ………………………………….……43 Ansoff Growth Matrix …. ………………………………….……..44 Conclusion ………………………………………………………....46 Recommendation……………………………………………….….46 References………………………………………………………….47 8 PART ONE 1. Overview of the organization Brief history:Infiniti is working from 2008. It is located in F-7/2 Islamabad. Its registration IPO is still in process. First it was working on small ground and now it has its own building and made a big setup for office work. Owner of the company was running many businesses so he put all of his businesses in one company named Infiniti. So it is the mother company and It has strategic partners which are working together on other different projects. Infiniti is the company adopted the unique concept of one stop solutions. It is dealing with not only Real Estate but it deals with interior designing, Manpower, Events, Logistics, Maintenance, IT solutions along with hospitality (Rock Bistro) and 2F2F Formula Karting Islamabad. Nature of the Organization and business volume: Infiniti, the resource group is a worldwide real estate & property business, it build its reputation on its expertise in delivering essential support services for its clients. Infiniti has experts working in different sectors including Land & Property, Farming, Food and Agriculture, Arms and Ammunition, IT Solutions and many more. Infiniti prides itself as one of the leaders in the acquisition and liquidation of real estate mainly dealing in Bahria Enclave, DHA & exclusively Gwadar. Infiniti assist customers to meet their demands by giving them the best possible offers in the No Hassel Way. Infiniti aspires to offer customers with the most reliable investment opportunities. To attain customer’s desired resources switch on to Network with Infiniti Investment Opportunities. Infiniti-The Resource Group has an atmosphere where people with energy, imagination and obligation work together to fulfill ambitious aims. We all effort for the maximum standards of professional quality and reliability. Vision To be a competitive & leading Company delivering finest & desired resources to the customers. Mission 9 Infiniti aims to be Pakistan’s supreme resource group of all times with multidimensional projects, while certifying the highest global standards and ultimate client satisfaction. Achieving aspiring objectives Infiniti-The Resource Group is dedicated to providing its staff with surroundings in which they can flourish. It look for people with vitality, inspiration commitment and provide them the tools they require to achieve ambitious aims, while struggling to accomplish the maximum standards of professional brilliance and integrity. Proposing wide opportunities Infiniti-The Resource Group offers a variety of roles to satisfy numerous people. A team of innovation and commitment keeps clients driven with the essence of winning. Workplace diversity keeps the atmosphere sincere, fascinating and encourages experimental knowledge. Yield as fast as customer want. Teaching and growth programs for all levels confirm a high expert standard between team. Above all, its commitment to it mprove durable truly worldwide businesses is what makes them unique, that's why it calls itself the ‘local multinational'. In coordination with Bahria Town it has established outclass and modern societies housing thousands of families enjoying a whole living experience. Business volume: Infiniti is dealing with many running projects some of them have been completed. It has dealt with more than 40 projects. Its size is too huge that it wasn’t enough time to know this organization completely within only two months. If I start writing about all of its project then it wouldn’t be possible for me. Infiniti’s large projects are Rock Bistro Terrace, Rock Bistro Garden, Rock Bistro “simply not dining”, 2F2F Formula Karting Pakistan, Laguardia (stock exchange), crimson group. These are the most famous projects. Competitors: Infiniti The Resource Group has a great advantage that there is no company I have seen which has on stop solution, so there are no competitors as a whole against the company but still there are competitors which are trying to compete Infiniti partially. Infiniti is dealing with Real Estate so there are many companies which are dealing with it Some of the famous Real Estate companies are 10 New York, Vertex, Star marketing (pvt.) Ltd Gulberg Greens, Prism, Rubbani Associates Infiniti is dealing with logistics so there are some competitors also like Agility, Free line movers(packing, forwarding and unloading), Deugro(forwarding and clearing) As it has one stop solution there is one more company dealing with several solutions except Real Estate but its size is much lesser than Infiniti.UCS ultimate cad solutions. Organizational structure Organizational Hierarchy chart 11 CEO HRD Real Estate Manager HR Rental Admin Officer Coordinator Sale & Purchase OG Projects Coordinator PM Interior Marketing Coordination & Control Finance IT/Technology Logitics/Movers Services Dept Head Marketing Manager Chief Coordinator Chief Finance Officer HOD BDM Supervisor Coordinator Support Team Web Developer Designer Tele Marketing Accounts Manager All dept Coordinators Architect Coordinator Construction PM Engineer Arhitect Accountant Accountant Accountant Accountant Accountant Coordinator Accountant Accounts Officer of all Dept Accountant IT Officer Supervisor IT Assistant Support Team Support Staff Supervisor Supervisor Team Field Team Field Team Coordination Point FDO Number of employees : There are about 62 employees who are working in Infiniti’s main office Islamabad. Main offices: 12 1. Islamabad F7 Office Address: No. 6, Street: 20, F-7/2, Islamabad, Pakistan UAN: +92 51 111 102 222 Fax: +92 51 265 6744 Email:info@infiniti.pk www.infiniti.pk 2. Islamabad Bahria Town Office Address: 252, Service Road Spring, North, Phase 7,Bahria Town, Pakistan Tel:+9251 538 3248 Email: bahriatownp7@infiniti.pk www.infiniti.pk 3. UAE Office Address: Office# 1203, Crown Plaza, Sheikh Zayed Road, Dubai. Tel:+971 566 055 414 Email: info.uae@infiniti.pk www.infiniti.pk Introduction of all departments: Infiniti has following departments in its main offices 1. Marketing 2. Human Resources 3. Financial Accounting & Revenue Assurance 4. IT department 5. Interior decoration 6. Events 7. Property 13 Marketing Marketing is one of the core departments of any Telecom industry. marketing department of Infiniti is responsible for Identifying loyal customers Designing marketing programs to benefit the loyal customer Keeping up-to-date profiles of loyal customers: their buying records and patterns Carrying out regular campaigns for customers Keeping financial records of costs incurred Issues related to payments of vendors as per invoices Focus on the Customer Monitor the Competition Find & Direct Outside Vendors. Create New Ideas. Manage a Budget. Marketing integration Set the Strategy, Plan the Attack, and Execute Human Resource department: HR department is responsible for Recruitment Process, Interviews, Candidate evaluation, Training programs for employees, Career Development programs. Human Resource Planning Training and Development Human Resource Information system Give compensation and benefits at Infiniti, following benefits are given phones facility, overtime and Paid Vacations, Gratuity, Provident fund etc. In-house Training and External Training 14 Orientation Timely issuance and record keeping of Salaries of all employees. Timely execution of payroll and related reporting pertaining to payroll. Managing attendance Management System Employee payroll taxation and related queries Implementation and activation of new employee joining benefits Issuance and record keeping of all non-salary related employee letters Timely conclusion of final settlement and clearance of resigned employees Personal management and up to date record keeping of all personnel documents in personnel files Financial Accounting: This department is responsible for Financial issues related to the company Looks after the fixed assets of Infiniti. Looks after the liabilities to be paid Responsible for developing T-accounts which specify detail of each account separately. Looks after the finances, controls the budgets and investments made by country from treasure. Payments for Ptcl, Mobilink, and Kitchen expenses. Making balance sheets, profit and loss statements Manage CEO’s personal expenses Information Technology: MIS is responsible for evaluating and implementing new technology systems, to insure proper and efficient utilization of technology in order to facilitate cost-effective and mission critical services to community. Maintain the necessary service level for response to user and system issues. Maintain a secure technology environment with a high availability necessary for Public Safety operations and disaster considerations. Maintain and implement best practices while identifying technology solutions that streamline business practices. 15 Interior Decorations Infiniti-Interiors is specializing in providing interior construction services within the office, hospitality, retail, food and beverage, technology, education and healthcare sectors. Infiniti-Interiors are one of the largest privately owned interior construction companies in the region with a large turnover. Following expertise are also listed Customized Furniture for Offices /Home Use Theme Changing Internal/External Walls Color scheming Wall paper Curtains Carpets Roofing and Flooring Solutions Woodworks Event Management No matter what kind of event you need, Infiniti has the talent, skill, experience and inventory to make your event spectacular. Catering and Brunches/Dinners/Lunches It takes pride in delighting your guests with top quality food and catering services while meeting your budget. Wedding Events/ Birthday Parties It offers everything you need, all under one roof! From tents, tables, chairs and staging to wonderful linens, incredible seating treatments, breathtaking floral design, dramatic lighting, and amazing props and decor. Exhibitions /Seminars/Corporate Meetings/ Promotional Activities Their professional team brings years of expert coordination, unsurpassed creativity and flawless execution to your special day. They listen and create from your vision, and their artistry and attentiveness are evident. 16 Real Estate Infiniti Group is a company that deals in acquisition and liquidation of real estate. Now it offers modern and luxury apartments/houses/plots in all over Pakistan in following categories All CDA Sectors in Islamabad Bahria Town & DHA Residential/Commercial Plots/Lands Apartments Sale/Purchase/Rental in all major cities of Pakistan It participates in the economic development profitably through reliable and efficient implementation of world class real estate development projects and all property matters in all major cities of Pakistan. Rental Infiniti offers a wide range of rental possibilities for residence as well as apartments all over Pakistan, Fully Furnished and Semi/Non Furnished. Organizational management analysis (OMA): The Organizational Management Analysis (OMA) is designed to summarize the information from all 360 individual feedback reports generated on the group selected. The individual feedback report identifies the managers' strengths and areas needing improvement. The Organizational Management Analysis process examines culture and provides insights to the alignment of management groups with the Infiniti’s goals and objectives. This information is used to analyze the human capital aspects associated with an organization's long term strategic objectives. The management of the organization has big influence on the decisions of the organization give marketing management priority to decide the public related decisions. Infiniti’s HR manager tries to create good communication skills among employees and employer and among department heads. Infiniti is facing lack of correspondence among department heads. Infiniti is mainly managed by HR, Operations manager and CEO’s personal and official overall finance managers all the problems are discussed with managers only they do not involved lower level management only upper level management are allowed to make decisions and make changes in any process. Hr manager work to solve combine problems which are related to all departments. 17 Part 2 1. Training program I did my internship from Infiniti the resource group located at F-7, Islamabad. I started my internship on 612-2014 and it ended on 24-01-2014. During my internship, I worked in four different departments of organization. I worked three weeks in IT department, one week in HR department, one week in accounts department one week in marketing department. Every department has different heads. This internship program was very helpful in my due course and was a very good professional experience because of this internship report I understand the culture of the resource group experience the marketing strategies used by the organization and to understand the different customers and how to deal with them. Plan of internship program Sr. No. Starting date Ending date 1 6-12-13 12-12-13 2 13-12-13 19-12-13 3 20-12-13 4 5 Name of department IT Duration (In days) 7 7 26-12-13 Human Resource Accounts 27-12-13 2-01-14 Marketing 7 3-01-14 24-01-14 IT 18 7 7+21=28 I did my assigned tasks by time. Following duties were assigned to me in different departments. First week of internship: I spent my first week in IT department. Coordinator introduced me to the colleagues of IT department. Employees of this department are very helpful and they helped me in learning windows installation of xp and 7 and necessary installation of antivirus. I learnt printer, software and drivers installation. Windows installation of xp and 7 MS office, Adobe Reader etc software installation Hardware troubleshooting Second week of internship: Human Resource is a main pillar of any company. My second week was in Human Resource department. There I did following tasks. He told me how to keep balance between employees and employer. Appointment letters I made some appointment letters. Cover letter I learnt to make cover letter. Making Forms I made different kind of forms like employees evaluation form, IT work order form etc How to conduct interviews I and Mr. Ahmed conducted the interviews and I learnt which things are important while taking interviews. Warning letters I made warning letter. Record keeping I learnt how to keep all the record of human resource department. Strategic Fit HR manager told me how to achieve the organization’s mission while balancing the employee’s and employer’s relationship. Third week in Accounting Department: 19 After second week I was transferred to accounts department. They use MS excel frequently for routine and daily computing. In accounts department they teach me to enter general voucher in the software and gave me work of entering the vouchers in the software. In accounts department I did following tasks and Accountant was very happy and satisfy with my performance and he gave me following tasks and I achieved the tasks successfully. Maintaining cash book Cash payments for expenses Cash payments to departments i.e marketing, IT etc Utility bills payments Salaries/ Advance salaries payments Cash receipts Mobilink Bills Payments Record keeping Expense heads Cash handling Vouchers Cash payment vouchers Cash Receipt vouchers Inventory requisition form for stationary Inventory form for stationary Maintaining stationary/sheet Inventory coding/ recording Fourth week in Marketing Department: Marketing department is very important for increasing the volume of sales and make goodwill. In marketing department I learnt many things. Infiniti’s marketing department’s more focus is on internet marketing. In marketing department I learnt following things. Marketing department made facebook pages of Infiniti, Rock Bistro “simply not dinning”, 2f2f karting club Islamabad. And they post letters to companies inside there are discounted voucher books and broachers. I learnt how to manage customers and how to get 360 degree feedbacks from them and fulfill their requirements. I learnt following things in this department. Marketing integration Creating new ideas Schedule the budget 20 Focus on customers Designing marketing programs to benefit the loyal customers Internet marketing Pricing strategies Fifth to eighth week in IT Department: Infiniti is expanding its business and along with expansion of business it needs more space for office. IT department room was made and it was shifted from ground to 1 st floor of the main office. So After completing the work I again shifted in IT department. In new IT room I did work by myself and felt happiness by participating. I made LAN cables and punched kronne, I fixed IO in patch panel and fixed and punched the wires in patch panel. I used tester and change all missing connectors of LAN. I made RJ45 and RJ11 plugs myself. In INFINITI local area networks are built with relatively inexpensive hardware such as Ethernet cables, network adapters, and hubs. Wireless LAN and other more advanced LAN hardware options also exist. In IT department I learnt following things. IT’s Procedure for work Installation of XP and windows 7 Drivers, Printers, Software Installation Cross-over and straight over cables making IO punching, termination of cable on patch panel, krone punching Planning of LAN Cable Infrastructure Configuration of wireless access point Windows and printer trouble shooting Network Trouble shooting Server related work: Configuration of RAID on servers Installation of MS server 2008 Deploying of Domain Controller Planning and configuration of DHCP server Planning Designing and Configuration of File Server Planning Designing and Configuration of Print Server Planning Designing and Configuration of group Policy Backup Server 21 Department hierarchy: CEO IT/TECHNOLOGY HOD Coordinator Accountant IT Officer IT Assistant Senior Electrician Electrician Number of Employees Working in IT Department In Infiniti The Resource Group there is team of five employees working in IT department which is responsible for all IT related problems and their solutions. The Head of MIS department control all staff members. There are four people support including 1 Coordinator which is responsible for giving answers to Head of IT Department. And coordinator is also doing IT officer’s duties, IT assistant is also performing double duties. He also work for accounting issues in IT department. Electricians are responsible for repairing of LED, microwave ovens, geezer, heaters, and all issues regarding electricity. a. Major Responsibilities and Functions of IT Department 22 INFINITI Technology Solutions Through Innovation 23 Vision: Its vision is to provide quality products and one window solutions to maximize our client's business performance and profitability. Their goal is to deliver best quality services, products, technological solutions and maintenance works. Mission Statement: THE ACCURATE SOLUTIONS, THE FIRST TIME, EVERY TIME! They provide Superior Quality Services and Products, on time and within budget. Company Profile: Infiniti, the resource group is a worldwide IT solution provider, Import/Export of goods, Interior designing, Real-estate, Construction and Logistics. It build its reputation on their expertise in delivering essential support services for their clients. Infiniti is a place where values matter, its team is proud to work for them and they build a collaborative partnership with their clients. 24 Infiniti Technology: Infinity is an expert technology solutions provider with a world-class reputation and a top-notch team of IT engineers and industry experts providing total communication and information solutions. It is also providing all security related products, e-commerce solutions, medical equipments, POS (Point of sale) software, web development, customized software applications and restaurants/hotel kitchen equipments are a few that we offer. Satisfied clients throughout the Pakistan bear testimony to the quality of our work. IT services helps to take control of client’s IT and telecommunications resources, by giving them tools to troubleshoot problems, adapt quickly to change, and keep their data secure, their solutions ensure that business-critical data and services are delivered on time, all the time. Solutions for business, service, resource, as well as solutions specific to an industry's needs, let client align company's people, processes, and technology to contribute to an adaptive management environment. Principal Activities System Integration Solution and IP-based services such as: Security Solutions Camera’s Installation & Configuration Alarm Systems Installation & Configuration Access Control Road Blockers Law Enforcement Recorder Networking Solutions Local Area Networking 25 Wide Area Networking Video Conferencing & Video Telephony Server Solutions Data center Solutions Computer & Telecom Equipment Supply Build New Systems Upgrade Systems Repair Systems Web & Software Solutions Web Development Application Development Security Solutions Camera’s Installation Infiniti is a solution provider company for all digital video security camera needs. They focus on solving problems and needs to help and protect, secure and control client’s home, business and manage client’s employees from anywhere. Whether anyone need a basic Security camera system or a features intense PC Based system with raid configuration or an IP solution that might save money on installation it will recommend the perfect system. Alarm System Installation Infiniti provides complete Alarm systems solution as per the need for both Home and Business customers. 26 Access Control Infiniti provides complete Access control systems solution that integrates the most advanced security technologies with innovative networking capabilities to bring lient full-featured security solutions serving any size facility. Road Blockers & Law Enforcement Recorders Infiniti technology also provides the Road Blockers & Law Enforcement Recorders systems. A records management system (RMS) is a system that provides for the storage, retrieval, retention, manipulation, archiving, and viewing of information, records, documents, or files pertaining to law enforcement operations. RMS covers the entire life span of records development—from the initial generation to its completion. An effective RMS allows single entry of data, while supporting multiple reporting mechanisms. Networking Solutions Local Area Network (LAN) Infiniti proposed solutions for the Local Area Networks for offices and homes can be comparing with any known International standards. A good LAN can provide better administration advantages to the management which leads to a secure and reliable working environment for an organization. It decreases the risk of system failures caused by various viruses and bugs which eventually decreases the cost of maintenance and labor. We deals both Wireless and non-Wireless networks. Wide Area Network (WAN) Infiniti provides a computer network that spans a relatively large geographical area; a WAN consists of two or more local-area networks (LANs). Computers connected to a wide-area network are often connected through public networks, such as the telephone system. Video Conferencing & Video Telephony Infiniti market turnkey solutions including installation; configuration and training services for a full range of high-quality, easy-to-use and affordable voice and video communication endpoints, video management 27 software, web conferencing software, multi-network gateways, and multipoint conferencing and network access solutions. Infiniti video conferencing solutions can save your time and traveling cost. For applications such as corporate meetings, product launches, distant learning and Telemedicine video conferencing is the solution of today. We provide solutions specifically for our customer’s needs keeping in view the different networks Computer & Telecom Equipment Supply New Build Infiniti provides complete computer and telecom systems as per the need of customer on the most economical rates. We build PC’s with components from reliable companies like Intel, AMD, ASUS, IBM and Maxtor. Our systems can be ordered with or without operating systems, business suites, anti-virus and business productivity software. Upgrades We provide an on-site support service to upgrade PC’s at times to suit our customers. Popular upgrades are; memory, graphics and modems. We always use new components of the highest quality. A PC health check can be carried out at the same time as an upgrade for a small additional cost. Repairs Our On-site repair service ensures minimum down time for our customers, we aim to get your system up and running as quickly as possible. A loan PC can be arranged to help keep the business running during repairs of a faulty PC. Web & Software Solutions Website Complete Solutions Infiniti can create a web presence for customer’s company on the internet that can consist of one or two static pages, multi-paged sites including feedback forms or even ecommerce web sites (web shops) where one can accept payment for your goods through the web. Software Development 28 From last few decades machines has taken the heavy load of human work, and machines can only run with the help of software’s. Infiniti provides services of software development; software is completely customized up to requirement. IT Responsibilities: IT Department is responsible for repair/maintenance of all electronic equipments (Restaurants/Kitchen), computer/laptops and security systems. It is also responsible for web designing and software applications, telephone exchange and any issue regarding internet troubleshooting, printers scanners, cams. Any issue regarding electricity (solar ups/ generators) or electricity failure this department is responsible for that. It is also responsible for providing outlook settings, antivirus and firewall by using ISA in MS servers. Maintain the necessary service level for response to user and system issues. Maintain a secure technology environment with a high availability necessary for Public Safety operations and disaster considerations. Maintain and implement best practices while identifying technology solutions that streamline business practices. IT is also responsible for issuing laptops, Usb, laptop batteries, wireless connectors, laptop chargers, RAMS etc. Major responsibilities : IT department has a lot of responsibilities Issuing equipments: IT Department is responsible for issuing laptops, Usb, laptop batteries, wireless connectors, laptop chargers, RAMS etc. If Infiniti’s employee face any problem regarding laptop batteries or laptop chargers or face slow performance of PC then they used to get new batteries, RAMS etc. Configuration of outlook: IT department is responsible for employees official email id’s configuration in outlook in their laptops/ PCs. Repair/maintenance of all electronic equipments: 29 IT department is responsible for repair and maintenance of all electronic equipments including kitchen, restaurants, printers, lights, electricity failure telephones extensions. Providing Internet access: IT department provide access to outside networks like on VPN and internet to the authorized persons Internet access is controlled by software called Microsoft Internet Security and Acceleration Server (ISA). No unauthorized person can get access to internet. Installation and control over DVRs: IT department is responsible for installation of all security cams in Digital Video Recorder. It has control over the whole office including Infiniti’s strategic partners like Crimson group and Rock Bistro “simply not dining”. Network Services: IT department provide Network connectivity for all employees who used to work on the same software and they can share their files and folders to combine their work on same projects and files. IT department provide access: This include TCP/IP and upgrading of IP version from Ipv4 to IPV 6 and all other protocols and installation of software’s which work on LAN. Backup and recovery tasks: IT department is responsible for taking backups and recovery of damage,loosed data which can save employees from a big tension, and they can work calmly with better motivation. Installation/maintenance of LAN related active equipments: Installation of LAN and WAN based equipments like IP and IP based printers and all other LAN related active equipments. Configuration of LAN/WAN routers and switches: Configuration of LAN and WAN routers and switches giving them IPS, DNS and setting firewalls in routers for security is responsibility of the IT department. Performance parameters: IT department continuously monitor all the equipments servers, routers, pc performance and monitor them so they will be in fully working condition. Installation of new servers: 30 Infiniti IT has just developed the server related work during my tenure and It is responsible of installation of new servers. Operating system level trouble-shooting: Installation of windows, drivers, software including Ms Office, IDM, winrar, etc and trouble shoot the windows XP ,7 and windows 8 is done by the IT department. System and software upgrades: IT department upgrade the old, damaged and slow systems with the latest available systems for the better performance of the system. So that employees can save their precious time and it reduce irritation and this way they can perform their job efficiently. IT departments Support to other departments: IT support to Accounts Department: IT department support account department in managing all the records of transactions. Accounts department use an additional software to perform its responsibilities and IT department provide that software named CeeSoft Accounting System according to the need of accounts department and provide them access to the database server in which all the data is safe. Both departments work together for making accounts department work smooth efficient and by the help of IT in INFINITI accounts department find it really easy to enter all record quickly and retrieve any specific record at very fast speed and accurately. IT support to Marketing Department: In Infiniti marketing Department has taken the responsibilities of printings so it is also dependable on IT department if it face any issues regarding printers etc. Marketing Department is totally dependent on Internet because its more focus is on internet marketing so IT provide them to stay in touch with buyers and consumers of market. IT support to HR department: Whenever HR manager wants to communicate with all employees or needs to give important notifications he used to mail them and IT department provides email services for all employees. 31 Infact Infiniti IT department is helpful for all departments because it provides its all services to all departments without any delay. PART THREE 1. Critical analysis: Though Infiniti is doing good. If we evaluate the organization’s current strategies with the organization vision and mission statement then I would say that marketing plans are required to be design keeping in mind the strategic vision of the organization that will help the organization to achieve its goals. When there is a work load it has to face managerial issues which is a big lap for any organization, so it should overcome its managerial issues. Infiniti is so much diversified it should focus on the most basic products on which it can earn more by putting less time and efforts. There are some communication gaps between employees which needs to be improve. Infiniti doesn’t give importance to reward system which is a lack of motivational power for employees. I have spent whole month of Rabi-ul-Awal and in this full month there was no religious activity was done it should focus on religious activities to attain spiritual power of employees. Company is not been able to update its website. Besides I have observed that some of its department are over employed which increases the expenses of company and some departments like marketing and IT department company should hire more employees to attain certain goals. SWOT Analysis of Infiniti (The Resource Group) Strengths: Infiniti has the following strengths 1. Concept of one stop solution As Infiniti is a TRG and is dealing with wide range of products and services so it has a solution of everything. It is a strong point that very rare companies conceive this concept. 2. Authorized dealers of Bahria Town: 32 Many companies are dealing with real state but Infiniti has authorized dealers. So it is a trust worthy for customers and they become loyal customers. 3. Multiple Projects in line to avoid risk Infiniti has also size advantages which lower risks. The larger Infiniti gets more resources they have to pursue new markets and defend themselves against rivals. 4. Strong market grip and knowledge: Infiniti has a strong market grip and wide knowledge by taking survey reports. 5. Employee Branding and Loyalty: Employees which can be a great asset for a company are very loyal and hardworking. 6. Geographically Diversify: Infiniti has a very vast range of business spread in the whole country and one of its office is working in UAE. 7. Strong customer follow-up’s services: Infiniti has very good follow up of customers. 8. Superior quality Product and Services: 9. Continuous innovation in product and services: 10. Providing excellent service and good packages according to customer needs and wants. 11. Strong financial foundation Weaknesses: 1. Management clashes: As Infiniti is dealing with wide range of different services so sometime there are management issues. 2. Target market gap: There are wide ranges of market to hit so it is difficult to target every market efficiently for marketing staff. 3.No attention on reward system: 33 During my tenure I didn’t see any reward system. So it is a weakness because employees motivation will be affected by this. There is no appraisal system. Opportunities: 1. Vacant/grey market area: There is still grey area for Infiniti to touch with the market. So it has opportunity for further growth 2. Growth (market): As market is growing Infiniti has more opportunities to get more market share as well as market growth rate. 3. Change of taste and moods: Day by day customer requirements (needs and wants) are changing and in result require new products. 4. Innovation in technology shrinks the world in to a global village and international business is increasing day by day. 5. Moving into new market segments that offer improved profits. 6. Sponsorships: Threats: 1. Competitors There is always a threat of competitors. Infiniti is not facing competitors as a whole yet but still it has a partially threat of rivalry. 2. Current competitors low price: 3. Inflation rate 4. Unforeseen situations 5. Political laws 6. FDI foreign direct investment low rate 34 IFE MATRIX OF Infiniti Strengths Weight Rating Rating score Concept of one stop solution 0.10 4 0.4 Authorized dealers of Bahria Town 0.08 4 0.32 4 0.36 0.24 Multiple Projects inline to avoid risk 0.09 Strong market grip and knowledge 0.08 3 Employee Branding and Loyalty 0.07 3 0.21 Geographically Diversify 0.06 3 0.18 Strong customer follow-up’s services 0.08 3 0.24 Superior quality Product/Services 0.07 3 0.21 Continuous innovation in product/services 0.08 3 0.24 Strong financial foundation 4 0.4 0.10 0.81 Weaknesses 2.8 Weight Rating Rating score 1. Target market gap 0.06 2 0.12 2. Management clashes 0.05 2 0.10 3. No Reward system 0.07 2 0.10 Total 0.99 3.16 Explanation of the above Internal factor evaluation (IFE) matrix:Infiniti IFE matrix have some strengths available like strong financial foundation, TRG, manpower, employee branding, geographically diversity etc these are all the strengths overcome to the weaknesses of the company. Infiniti IFE matrix total score is 3.16 which is above average and it indicates a strong internal position of the company. 35 EFE MATRIX OF INFINITI External factor evaluation matrix “Method is a strategic-management tool often used for assessment of current business conditions. The EFE matrix is a good tool to visualize and prioritize the opportunities and threats that a business is facing” Opportunities Weight Rating Rating Score Vacant/grey market are 0.12 3 0.36 Growth (market) 0.12 3 0.36 Change of taste and moods 0.15 3 0.45 Innovation in technology 0.09 4 0.36 3 0.45 3 0.30 Moving into new market segments Sponsorships 0.15 0.10 0.73 2.28 THREATS Competitors 0.05 2 0.10 Current competitors low price 0.03 2 0.06 Inflation rate 0.07 3 0.21 Unforeseen situations 0.04 2 0.08 Political laws 0.03 1 0.03 FDI foreign direct investment low rate 0.06 3 0.18 Total 0.94 2.73 36 Explanation of the above External factor evaluation (EFE) matrix:Infiniti’s position in above EFE matrix shows some opportunities available like grey market area, Growth (market), Change of taste and moods, New investment opportunities, Sponsorships it can increase customers loyalty. These opportunities can overcome threats. The weighted score of EFE matrix is 2.73 which is above average and shows a good external position. Threats opportunities weaknesses Strengths matrix (TOWS) TOWS MATRIX is very useful and important tool used for strategy making and selection of the right strategy at right time according to internal and external environment. Strengths-S Weaknesses-W 1. Concept of one stop solution 1. Target market gap 2. Authorized dealers of Bahria Town: 2. Management clashes 3. No Reward and Appraisal system 3. Multiple Projects in line to avoid risk 4. Strong market grip and knowledge: 5. Employee Branding and Loyalty 6. Geographically Diversify 7. Strong customer follow-up’s services 8. Superior quality Product and Services 9.Continuous innovation in product and services 10. Providing excellent service and good packages according to 37 customer needs and wants. 11. Strong financial foundation Opportunities-O 1. Vacant/grey market area: 2. Growth (market): 3. Change of taste and moods: 1.The company should focus on vacant area and should invest to get more while using its strong financial position. 1. Staffing of Marketing HR and R & D expert employees and overcome management clashes. 4. Innovation in technology 5.Moving into new market 2.Infiniti should focus on getting segments that offer more sponsorships in order to get more fame. improved profits. 2. Start good reward system for employees motivation in order to attain opportunities. 6. Sponsorships: Threats-T 1. Competitors 2. Current competitors low price: 1.Open its branches in other big cities in order to overcome competitive threat. 3. Inflation rate 4. Unforeseen situations 5. Political laws 2.Update website and more focus on e-commerce website 6. FDI foreign direct 38 1.More focus on managerial problems to overcome its threats investment low rate Competitive profile matrix (CPM) : Competitive profile matrix is an essential strategic management tool to compare the firm with the major players of the industry. Competitive profile matrix shows the clear picture to the firm about their strong points and weak points relative to their competitors. The CPM score is measured on basis of critical success factors, each factor is measured in same scale mean the weight remain same for every firm only rating varies. The best thing about CPM that it include company’s firm and also facilitate to add other competitors make easier the comparative analysis. IFE matrix only internal factors are evaluated and in EFE matrix external factors are evaluated but CPM include both internal and external factors to evaluate overall position of the firm with respective to their major competitors. 39 CPM matrix for Infiniti Infiniti vertex Prism New York Critical Success Factors Weight Rating Score Rating Score Rating Score Rating Score Advertising 0.05 2 0.10 4 0.20 3 0.15 4 0.20 0.05 3 0.15 3 0.15 3 0.15 4 0.20 0.08 2 0.16 3 0.16 3 0.24 3 0.24 0.12 4 0.48 3 0.36 3 0.36 4 0.48 0.10 4 0.40 3 0.30 3 0.30 4 0.40 Customer Loyalty 0.10 3 0.30 2 0.20 3 0.30 3 0.30 Global Expansion 0.15 4 0.60 2 0.30 2 0.30 3 0.60 0.15 3 0.45 3 0.45 3 0.45 4 0.60 2 0.10 3 0.15 3 0.15 4 0.20 4 0.40 3 0.30 3 0.30 3 0.30 4 0.20 3 0.15 3 0.15 3 0.15 Price Competitive Management Financial Position Product/Service Quality Market Share Name Recognition 0.05 Diversification 0.10 Range of products Total 0.05 1 3.34 2.72 40 2.85 3.67 Explanation of CPM: In above matrix we have seen that the top position of New York is having 3.67 score and the second position holder is Infiniti having 3.34 score. From this matrix we come to know that Infiniti should work hard to beat the company New York and get the strong position in the market. Infiniti BCG Growth Share Matrix: BCG Matrix also known as Growth-Share Matrix is strategic tool for portfolio planning and analysis. BCG Matrix is used for current portfolio analysis, portfolio planning and development, and new strategy development - developing and positioning new businesses and repositioning your current businesses. The overall goal of using the BCG Matrix understands the marketplace, portfolio optimization, and effective resource allocation. It is generally used for strategic portfolio planning and analysis of strategic business units (SBUs) and product/service offerings. There are four alternative positions for any business - the BCG Chart has four quadrants called: Question Marks Stars Cash Cows Dogs 41 Relative Market Share Star Question mark Real Estate 2F2F Market High Growth High Growth Growth High Market Share Low Market Share Rate Cash cow Dog Rock Bistro Low Growth Low Growth High Market Share Low Market Share Explanation of above BCG growth share MATRIX:Stars: (high growth, high market share) Stars are leader in business. Infiniti’s Real Estate falls in stars. It requires heavy investment to maintain its large market share. It leads to large amount of cash consumption and cash generation. Question Mark/Problem Children: (high growth, low market share) Most business starts of as Question marks. 2F2F formula Karting comes in this category. It can into being in 2011. Youth focus on this thrilling and adventurous activity. It absorb great amount of cash if the market share remains unchanged (low). It has a potential to become star and evenly cash cow but can also become dog. Investment is high for 2F2F track. Cash Cows: (low growth, high market share) 42 Cash cows are foundation of the company and often the stars of yesterday. It Generate more cash than required. They extract the profits by investing as little cash as possible. They are located in an industry that is mature not growing or declining. Rock Bistro Islamabad located in F-10 falls in cash cows. It came into being in 2009. It generates maximum profit and is on it maturity stage. Dogs : (low growth, low market share) Dogs are the cash traps. Dogs do not have potential to bring. Business is situated at a declining stage. It is unlikely that this business is very profitable – more likely this business is a loser. Such a business needs consideration and new strategy development. Potential strategies are withdrawal, selling the business, repositioning the current business, and operating cost reduction. Yet Infiniti is not facing any of its product in Dogs position. Porter five forces analysis : Porter five forces analysis are the very helpful for developing strategies in many industries. It uses concepts developed in Industrial Organization economics to derive 5 forces that determine the attractiveness if a market. It consists of 5 forces close to a company that affect it’s ability to serve its customers and make a profit. These 5 forces are: The bargaining power of customers Although Infiniti is offering its rates according to the market rate but the customer is always a boss and it has mostly high bargaining power. Buyer’s bargaining power represents a major force affecting intensity of competition. Infiniti is the authorized dealer of Bahria Town so it has this advantage too. So Infiniti is not suffering high bargaining power of customers. The bargaining power of Suppliers The company cannot do backward integration because of high cost of property and Infiniti is dealing with all CDA sector of Islamabad, DHA and Bahria Town. There is limited no of suppliers, So the bargaining power of suppliers is high for the company. The threat of new entrants 43 Threat of new entrants is very effective for Infiniti because till now Infiniti is not facing any competitor as a whole. If any one come with the same concept then it would be a high threat for company. It would be easy for new entrant to enter in market there are few economies of scale in place and they can weaken company’s position. But If a company has strong and durable barriers to entry, then it can preserve a favorable position and take fair advantage of it. The threat of substitute products This is affected by the ability of customers to find a different way of doing what you do – for example, if you supply a unique software product that automates an important process, people may substitute by doing the process manually or by outsourcing it. If substitution is easy and substitution is viable, then this weakens your power. But in Infiniti’s case it has also adopted unique concept of one stop solution so people can avail that by putting all of their tensions to the company. Infiniti is availing the opportunity that it has not any competitor as a whole so there is a threat of substitute product partially. The Intensity of competitive rivalry For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry. Potential factors: Sustainable competitive advantage through innovation Competition between online and offline companies Level of advertising expense Powerful competitive strategy Firm concentration ratio Degree of transparency Rivalry between competitors boosts the competition in any given industry. It is a good thing to finish the monopoly of any company. It create Perfect Competition which also reduces the margin of profits in most cases. Competitors are trying to earn profits by creating the demand of the customers from using some of the strategies such as pricing strategies and qualitative products. Infiniti’s advertising strategies are not so good as their real estate competitors adopted. Using Marketing segmentation and targeting to their target market through advertising their products regularly to raise the responsiveness of consumers and clients. I have analyzed that the rivalry among the competitors in this market is high. 44 ANSOFF MATRIX OF INFINITI Existing Market Existing Product New Product Marketing Product Penetration Development (Rock Bistro Marjan) (Biking Track ) Marketing New Market Development Diversification (Rock Bistro Garden Murree) (2F2F Formula Karting) 1. New Market and New Product : 2F2F formula Karting Islamabad 2. New Market and Existing product: Rock Bistro Garden Murree 3. Existing Marketing and Existing Product: Rock Bistro Marjan 4. Existing Market and New Product: Biking Track EXPLANATION ANSOFF MATRIX: Market Penetration Selling more of an existing product to the same customers or market is generally regarded as the easiest development strategy. Products and markets are well known, and this strategy potentially provides the best scope for leveraging existing skills and assets. Rock Bistro Marjan is the existing product of Infiniti and existing market in Islamabad F-10. 45 Product Development The basis of a product development strategy is to sell new products in addition to existing products into the same market or to the same customer groups. Infiniti is making a Biking Track in Lahore which is in planning phase. Market Development Here a business seeks to sell existing products to new markets or customer groups. A classic way of market development is extended geographic reach, either within the country or by exporting. Rock Bistro Garden Murree is Infiniti’s existing product which they have introduces in new market. Diversification Diversification offers the least scope to leverage existing competencies and resources. The strategy aims at selling new products into new markets. Infiniti introduced 2F2F Formula Karting in Islamabad in 2011. Which was the ever first track of Pakistan on international standard which is equipped with all necessary 1. Conclusion During my internship in Infiniti Human Resource, IT, Marketing, and accounts department. The major focus was on IT department I learnt windows installation, LAN WAN ISA installation Drivers and other software and troubleshooting etc. I analysis environment of company. I observed its external and internal environment. The marketing team of Infiniti is not so strong. Marketing department is still trying to do its best by promotional campaigns. Accounting Department is doing very good and IT department is the major supporting department who help all the departments in all their process for maintaining digital database and providing quick access to safe data. Infiniti is a fast growing company and soon will enter in the stars. The Internal factor evaluation (IFE) matrix of Infiniti tells us the story of internal strength and weakness and the total score of Internal evaluation matrix of 3.16 which indicate a very strong internal position. Infiniti is having a very unique idea of one stop solutions so competitors exist partially. BCG matrix showed us that Infiniti falls under Question marks. That is a good sign that in future it will be considered among stars. I learn a lot of things while doing internship like networking, database, hardware and software troubleshooting and also get time to enhance my communication skills which was not good before. I got very good experience which is very helpful in my professional career. 46 Recommendations for improvement Infiniti should follow some given recommendations Infiniti should focus on management issues so it can overcome its managerial issues. People are not well informed about Infiniti just because of be short of advertisements. So they better take up the new promotional door to door activities like other companies to enhance the services/products. They must use electronic media to create strong brand recognition because the marketing strategies they are making are insufficient to touch high market. It should update the website time by time. Infiniti needs to hire more staff in some departments specially in marketing department to meet the profound requirements like Marketing. Infiniti should pay special attention towards its employee by introducing plans like training, Compensation and benefits plans, reward system to increase their motivation. 1. Reference &Sources , Annexes www.infiniti.pk https://www.facebook.com/photo.php?fbid=10151951407356982&set=a.394950346981.210700.3920896 56981&type=1&theater https://www.facebook.com/2f2fGoKartClub https://www.facebook.com/events/582787711744166/ http://vustudents.ning.com/forum/topics/misi619-internship-report-mis-on-anam-weaving-textilemills?groupUrl=misi619internshipreportmanagementinformationsystem&groupId=3783342%3AGroup%3A 59310&id=3783342%3ATopic%3A2848701&page=2#comments 47 48 49 50