Ipp Group Of Companies Background Business Essay

Ipp Group Of Companies Background Business EssayIPP is a closed-door own mathematical assembly of companies which was established by Mr. Reginald Mengi, since 1980s after serving as Chairman and Managing Partner of Coopers Lybrand in Tanzania. The IPP group was stated as a small scale, hand operated ball point pen assembly plant in Dar es Salaam and has now expanded and diversify to be tot up of largest industrial groups in eastern hemisphere Africa.The company comprises four core divisions namely MediaBeveragesHousehold and Beauty cargonMinerals Prospecting and MiningIPP MEDIAIPP Media is one of leading East Africas largest Media conglomerates. IPP Media is a mystical company, held under IPP Group and based in Dar es Salaam, Tanzania. IPP Media comprises nine parolepapers, which argon published daily in both English(The Guardian, Sunday observer, pecuniary times and This day) and Swahili are (Taifa letu, Nipashe, Majira, Lete raha) also has three television stations namely (ITV, EATV and Capital television), and three radio stations (Radio One, Capital FM and East Africa radio). IPP Media is also a wide content give upr for East African news on the Internet via its web site www. ippmedia.com..BEVERAGESWaterBottled on the slopes of Mount Kilimanjaro at Shirimatunda area, Kilimanjaro Pure deglutition Water is the leading water brand in Tanzania. In order to meet its growing demand while maintaining its international packaging standards, IPP is currently induction a cutting edge PET bottle blowing / filling line which will triple its bottling capacity.Soft drinksIPP holds the franchise for Coca Cola carbonated tardily drinks brands- Coca Cola, Fanta Orange, Sprite, Fanta Passion, Fanta Pineapple, Fanta Black Currant, Sparletta Citrus, Sparletta Classic, Sparletta Pinenut, Stoney Tangawizi, Krest, Bitter Lemon, Krest Ginger Ale, Krest Tonic Water and Krest Club Soda.Over the years, numerous quality awards of gold and silver medals have been won mien witness to the seriousness and importance attached to quality.BeerCarlsberg Probably the best beer in the World. IPP is the sole importer and distributor of Carlsberg, the internationally known premium larger.SpiritsSeveral brands are professionally blended and packed to meet national and international quality standards these brands acknowledge, the exotic spirits of Hakuna Matata, Zanzibar Desire and Kilimanjaro Ecstasy describe local storehouseamental nature, smelling and taste and promise pleasure to all palates.IPP Households and saucerBody soapsIPP is involved in the manufacturing and distribution of a number of leading soap brands including REVOLA, Tanzanias fore roughly beauty soap. It also manufactures and distributes under license the GIV Beauty Soap from PT. Wings Surya (Indonesia). A fully-fledged laboratory ensures the highest quality standards for its products.Body soap products are readily available end-to-end Tanzania, via a strong net ready of own depots, agent s and distributors. Export markets include Congo, Zambia and Burundi.DetergentsTESA ULTRA WASHING POWDER, one of the leading and most widely used brands in East and Central Africa.Under IPP Minerals and Prospecting category there are Mining, cutting, polishingIPP carries on the business of mining, cutting, faceting and polishing of precious stones and uses modern state of the art equipment manned by very versatile staff. Precious stones cut and polished include Tanzanite, Ruby, Sapphire, Emerald and Alexandrite.The cut and polished gemstones cater to the needs of the Tanzanian market and for exports worldwide.ProspectingCurrently prospecting for Diamonds, Gold and atomic number 78 in various concessions within Tanzania.ORGANISATION STRATEGIESRigorous performance and financial steering.Integrity, honesty and moral standards.Continuous product research, basis and product quality.Responsible merged citizen.Making a real and sustainable difference in markets in which IPP has busines s interests.Human capital development.Unparalleled service excellence.VISIONTo be the worlds most admired diversified company with regard to employee and customer satisfaction.MISSIONAbility to spot and harness opportunitiesEmployee satisfactionCompetent leadership and managementBusiness foundation and creativityService excellenceORGANISATION STRUCTURE accord to Mullins, (2005596) Structure is the pattern of relationships among positions in the governing body and among members of the organisation. Structure develops possible the application of the process of management and pisss framework of order and command finished which the activities of the organisation can be planned, organised, directed and controlled. The structure defines tasks and responsibilities, work roles and relationships, and channels of communications.ORGANIZATIONAL STRUCTURE FOLLOWED BY THE IPP assortThe IPP group of companies has cloned its fundamental law structure from Organic according to the nature of t he business. The Organic is very flexible and it has enabled the company to run all kinds of business effectively .This is cod to the decentralization approach applied, where some decision making are carried out by heads of department rather than top management.. For the caseful of IPP groups channel of communication, is highly integrated and is open to allow flow of information in all level within the company. The IPP group has. Organic structure which is flexible in attaining its objectives such thatIt supports innovationIt is free more adaptable to the organization to changing circumstancesChannel of communication are open with free flow of information throughout organization. operate style allow to vary freelyAuthority for decision making based on the expertise of individual in all division of workMore consensual and more loosely controlledIt emphasis on getting things done and un constrained by formally laid down proceduresIn case o decision making is made in participation an d group consensusORGANISATION CULTUREAccording to Cook, C et al (1997, p 112) defined organization culture as the fundamental assumption plurality share about an organizations values , beliefs, norms, symbols, language , rituals and myths. All of the expressive elements that gives meaning to organization membership and are accepted as guide to behavior.The following are the IPP group organization culture.Transparency- IPP group of companies encourage transparency to its operations from its core divisions of media (Radio, television, investigative news from news papers)Symbols- the IPP group of companies has a status symbol that communicate social position and pecking order in hierarchy, and their Grandness gives a good indicator about how such(prenominal) importance is attached to hierarchy as an organization principleRites and Ceremonies- it is carried on during retirement and farewell parties and can be used as a subscribe of a happy family as well ritual of taking a new comer around and introducing the person to new colleaguePower goal A power culture found in IPP group relies on Trust, empathy, and personal communication for effectiveness.Task Culture This seeks to bring together the right resources and bulk and utilize the unifying power of the IPP group.They also have unique and robust culture of entrepreneurial team work and strategic focus.ORGANISATION BEHAVIORAccording to Cook, C et al (1997 p 9) defined organizational behavior as behaviors of individuals and groups within an organization, and the interactions between the organization and environmental forces.The IPP group of company has the responsibility to create conducive working environment that are excellent for both employees and organization.THE IPP EMPLOYEESThe people who work for IPP are the cornerstone of companys success. The group is also committed to not only receiving value from employees, but also delivering value to them. To this end IPP group systematically implement a company- wide system aimed at fostering an inspiring and caring environment. done teamwork and communication, the goal is to harness the exceptional intellectual capital they already have within the organization and provide an opportunity for this to be recognized, rewarded and fulfilled.CUSTOMERSThe group continues to seek progressive ways to control the needs of its potential customers who they see as their business partners.Through their internal and external service excellence chain, they have always managed to come up with solutions that meet their business partners needs. IPPs success is evident in market leadership in the sectors in which they operate.SWOT analysisSWOT ANALYSIS FOR IPP multitude OF COMPANYStrengthsAvailability of latest technology which meet the need of the organizationGood infrastructure that cater demand for production- warehouses, offices, transportation, communication systemAvailability of skilled laborsWide range of productsGood distribution system through dep ort and agentsWell known brand names example coca cola, Kilimanjaro pure inebriety water, the guardian news paper, and local news paper like majira, nipashe etcWeaknessesUnpredictable and seasonal marketWeak collaboration and networkingInadequate support from government dearth of resources and equipmentsShortage of expertiseLack of job securityOpportunitiesHigh local demand of informationLarger regional and international marketsFinancial access from financial institutionsPolitical stabilityAvailability of training institution to train staffAvailability of broadcasting Act and PolicyThreatsOther competitors in the marketofttimes technological throwNatural disastersConflict between the Government and IPP Media (political conflict)Outdated law governing media sectorsBrain drainConstraintsIPP group of companies faces the following constraintsMarket constraints IPP group of companies faces market challenges from other competitor who are in the market doing the same business. Also the m arket forces caused by demand and supply as well the change of price due to currency stability.Technological constraints rapid change of technology is one of the challenges which the IPP group is facing in today world. If the company is unable to handle with changes of technology this will cause the inability to compete in the market in terms of production of quality product.Financial constraints Poor allocation of fund and poor budgeting (under budgeting and over budgeting). Prioritization and allocation of resources are to be allocated in highly demand area within the organization.Legal constraints the new introduced policy which may resist the companys activities as well the outdated policy which does not favor the operation of the organization.Organisation CompetitorsIPP group of companies have many competitors in its market, from media, beverages, and in mining division. These competitors includeMedia competitorsGlobal Publishers Ltd, Habari Corporation, Business Times, Mwana nchi Communication, Sahara Communication Ltd and Tanzania Broadcasting Corporation (TBC).Beverages CompetitorsBakhresa Group of Companies, Nyanza BottlesMining CompetitorsTanzanite One and Barrick Gold Mining LtdBARRIERS TO MANAGING CHANGEPeople tend to be loathsome to change. It is important therefore for management of IPP Group to understand the reasons for, and nature of, resistance and to adopt a clearly defined strategy for the initiation of change. Barriers to Managing Change in IPP Group areOrganisation CultureOnce the organisation culture change suddenly it hinders the process of managing change as people within the organisation are not read to accept any change due to fear of loosing their job, positions, demotion.Economic Implications.Employees of IPP are likely to resist change which is consider as threat to their direct and in direct pay or other rewards. Some times changes increase levels of work for the same levels of payments.Past contract or agreement.IPP entered in to contracts or agreements with other parties, such as (Coca cola companies).Theses contracts and agreement can limit changes in behaviours like operating under special license or permit or fixed price contract to supply goods/services to a Government agencies.STRATEGIES TO OVERCOME BARRIERS TO MANAGING CHANGEThe following are proposed strategies to overcome barriers to Managing Change. tuition and CommunicationThis will help staffs to learn the reason for the change, how it will take form, and the likely consequences will be. Communication is required to reduce anxiety and ensure that staffs understand what is happening, what will be the expected of them and how they will be supported in adopting to change.Participation and InvolvementThe Management of IPP Groups should encourage those involved in designing and capital punishment of changes in order to give out their ideas and foster commitment. Participation increases understanding, enhances feelings of control, minimise uncertai nty, and promote a feeling of ownership when change directly affect staffs. If people within the organisation are involved about bringing change it is difficult for them to resist.Facilitation and SupportWhenever there are changes, IPP Group Management should encourage, support, counsel, train and provide resources to help those affected by change to cope with new requirements. Through facilitation and support, managers have a better chance of bringing the change and commitment to make it work.Negotiation and AgreementDuring powerful resistance on implementing changes, management of IPP Group should negotiate and agree with staff through their representatives on how to implement changes.ConclusionIPP group of companies is still progressing despite of challenges from competitors and market forces. Proper allocation of resources that is human resources, operation resources, financial resources and raw materials is required to be improved through improved through imposing changes in te rms of organisation Culture and Change Management. Developing strategies that will lead to better change.MEDIABEVERAGESHOUSEHOLDS AND BEAUTY CARESTRATEGIC VENTURESMINERALS PROSPECTING AND MINING