Mem Microproject Report Group 2

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 9

GOVERNMENT POLYTECHNIC GONDIYA

ACADEMIC YEAR:-2023-2024

CERTIFICATE

This is to certify that the Micro-project report entitled “Prepare


the report on study of management principles applied to
a large scale automobile industry” is the authentic record
of the work carried out by (5 thSem). The original work is carried
out by them under my supervision in the academic year 2024-
2025. On the basic of the declaration made by them. I
recommend this report for evaluation and that Report has not
previously formed the basis of any copyright work.

GUIDED BY:
GOVERNMENT POLYTECHNIC GONDIYA

(2023-2024)
PROJECT REPORT ON
“Prepare the report on study of management principles applied
to a large scale automobile industry”

This Micro Project is submitted to the


Mechanical Engineering Department

GPG For The Practical Work Of Micro- Project


Submitted By:
Group No: 02

GUIDED BY:
ACKNOWLEDGEMENT

I avail this opportunity to express my deep sense of gratitude


and whole hearted. Thanks to or guide Sir for her guidance and
encouragement to embark on this project.
I am also thankful to our Head of the Mechanical
Engineering Department Mr. G. H. Dahole Sir whose esteem,
suggestion and encouragement from time to time have
Always been unparalleled stimuli for us to travel eventually
toward completion of the project.
I am also thankful to our Honorable Principle who
inspired us a lot to achieve the highest goal.
Last but not the least I would like to thank all the
faculty of the Mechanical Engineering Department and my
friends who helped me directly or indirectly during the
completion of this project.

PROJECTS:-
 Kumod L. Pardhi
 Vishal K. Sakhre
 Ankush G. Pardhi
 Shriya A. Chavhan
DECLARATION
Me the members of Group No. 02 hereby declare that
preparing the micro project on “Prepare the report on study of
management principles applied to a large scale automobile
industry” Submitted to the Mechanical Engineering
Department of Government Polytechnic Gondiya for the micro-
project work of subject that the micro project has not
previously formed the basis of any copyright work.

SUBMITTED BY :-

NAME SIGNATURE

Kumod L. Pardhi

Vishal K. Sakhre

Ankush G. Pardhi

Shriya A. Chavhan
Title of the Micro-Project
Prepare the report on study of management principles applied
to a large scale automobile industry
1.0 RATIONALE
The rationale of the report is to explore how large automobile
companies use management principles like planning,
organizing, and leading to run efficiently, stay competitive, and
overcome industry challenges. It provides insights into best
practices and offers recommendations to help improve
operations in a rapidly changing market.
2.0 AIMS/ BENEFITS OF THE MICROPROJECT
The benefits of the report are understanding how management
principles improve efficiency, learning best practices from
leading automakers, addressing industry challenges, and
offering ways to enhance organizational performance.
3.0 COURSE OUTCOME ACHIEVED

The course outcomes of the report are understanding key


management principles, learning how they are applied in real-
world automobile companies, and developing problem-solving
skills for industry challenges.

4.0 LITERATURE REVIEW

1. Introduction
The automobile industry is one of the most significant
industries globally, with a substantial impact on economies,
employment, and technological innovation. This report focuses
on the application of key management principles in large-scale
automobile companies such as Toyota, Ford, and Volkswagen.
Management principles are crucial in ensuring that these
organizations operate efficiently and remain competitive in a
highly dynamic market.
2. Management Principles Overview
The study of management principles in large-scale industries
typically revolves around the following key areas:

 Planning
 Organizing
 Leading
 Controlling
 Staffing
 Coordination
Each of these principles plays a vital role in managing
resources, improving efficiency, and achieving organizational
goals.

3. Application of Management Principles in Automobile Industry

3.1 Planning
Planning is the foundation of management and is essential
for setting the vision, mission, and long-term goals of the
company. In the automobile industry, companies like Toyota
and Ford use strategic planning to decide future production
goals, market penetration strategies, and sustainability
initiatives.

Example: Toyota's long-term plan to increase the production


of electric and hybrid vehicles reflects its response to market
demands and environmental regulations. This strategic
foresight has positioned Toyota as a leader in eco-friendly
automotive solutions.
3.2 Organizing
Organizing involves structuring the workforce and resources
to execute the company’s plans. Large automobile industries
divide their operations into several departments like
manufacturing, marketing, finance, and research &
development (R&D).
Example: Ford's divisional structure, which segments its
operations into regional markets such as Ford North America,
Ford Europe, and Ford Asia, ensures that decision-making is
tailored to local demands while maintaining overall corporate
synergy.

3.3 Leading
Leadership plays a critical role in motivating employees and
steering the company towards its objectives. Automobile
industries employ various leadership styles based on
situational needs, from transformational leadership to
encourage innovation, to transactional leadership for
managing routine operations.

Example: At Volkswagen, the CEO leads through a focus on


innovation and sustainable practices, motivating teams to
develop electric and autonomous vehicle technology.
Leadership has been a critical factor in Volkswagen’s
recovery from the 2015 emissions scandal and regaining
trust in the market.

3.4 Controlling
Controlling ensures that the performance aligns with the
plans. This involves setting performance standards,
monitoring results, and taking corrective action if necessary.
In the automobile industry, controlling is often executed
through quality control, financial auditing, and performance
metrics.
Example: Toyota's renowned Toyota Production System (TPS)
incorporates stringent quality control measures at every
stage of the production process. This lean manufacturing
principle helps Toyota reduce waste and inefficiencies while
maintaining high-quality standards.

3.5 Staffing
Staffing involves recruiting the right people for the job,
ensuring they are well-trained and placed in positions where
they can perform optimally. Automobile industries face
challenges in hiring skilled labor for cutting-edge
technologies like automation and artificial intelligence.

Example: Companies like Tesla and BMW invest in


continuous employee training programs and collaborate with
universities to ensure that their workforce stays updated on
the latest technologies and trends in manufacturing and
automation.

3.6 Coordination
Coordination is the synchronization of all activities and
resources within the organization to achieve smooth
operations. Automobile industries often coordinate large supply
chains, manage global production facilities, and deal with
complex logistics.
Example: BMW's global production network, with plants across
multiple countries, requires tight coordination between
different units to ensure that components and finished products
are delivered on time. Technology, such as ERP (Enterprise
Resource Planning) systems, is used to streamline coordination
efforts.

6.0 ACTUAL METHODOLOGY FOLLOWED


1. Firstly we discussed the topic with all group members.

2. We collect some information about given topic with help


of the internet and books to make a report.

3. After the submission of proposal (PART A) we have to


make main report.

4. In the report we add all information related to a given


topic.
5. After the making report we make PPT…

6.0 ACTUAL RESOURCCES USED


Sr.no Resources Specification Quantity
used
1 Computer MS-Office 1
2 Internet www.wikipdia 1
3 Books Management Book 1
4 AI Chat Gpt -

7.0 OUTPUT OF THE MICROPROJECT

9.0 CONCLUSION

You might also like