Lakson Tobacco Company

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ACKNOWLEDGEMENT

Firstly we are thankful to Allah Almighty who has given us the ability and courage to complete the course and preparing the report.

We thank personally to Miss.Nazia Mumtaz Hr Manager at Lakson Tobacco, who took time from her busy routine to help in preparing the report. And to Mr. Adeel Jafri Finance Manager At Lakson Tobacco who helped in contacting the personnel for the report.

Last but not the least to our course coordinator Mr. Maqsood Ahmed who have given us the opportunity in experiencing what we have learned with him in last four months.

Thankfully yours,

Maliha Adil
Rabab Sajjad
DurreShahwar
Shireen

EXECUTIVE SUMMARY

The report is prepared about the major activities conducted by the Human Resources Department at Lakson Tobacco.

The covered activities are Planning and Selection, Training and Development and Compensation. The report helps in understanding how the HR department motivates and trains the personals of the firm in meeting the goals and challenges faced by the company.

INTRODUCTION OF THE COMPANY

Lakson Tobacco Company Limited is a part of Lakson Group which was founded in 1954. Portfolio of Lakson Group consists of detergents & soaps, toothpaste, food products, fast food restaurants, insurance, internet services, software, paper & board, printing, powdered beverages and tea, packaging, textiles, surgical instruments, and publications.

ABOUT LAKSON TOBACCO COMPANY LIMITED

The Company was establish in 1971
Mr. Hassan Ali Karabai was the founder.
First Brand of the Company was Lakson Kings
Merger with Premier Tobacco Industries in 1997

PRODUCTION UNITS – FACTORIES & LEAF DIVISION

Lakson Tobacco has four Cigarettes, Manufacturing Units located at:

Karachi.
Kotri.
Sahiwal.
Mandra

Lakson's Leaf Division is situated in Mardan, the capital of the tobacco growing areas of Pakistan's North West Frontier Province (NWFP). Lakson provides direct employment to over 5000 individuals of whom approximately 1500 work at its Leaf Division during the leaf buying and processing seasons.

The company manages 28 Cigarette Depots all across the Country, which receives supply from the above production units. From these 28 depot, the stock is supplied to Companies authorized distributors, who have their own supply chain in the market. The company is bound by its charter not to sell its product directly to any consumer.

CORPORATE BACKGROUND

Total Market Share 50 %
Yearly turnover of 16 billions
500 permanent employees
2000 temporary and contractual employees
Company been recipient of Top 25 Companies’ awards from Karachi Stock Exchange (KSE).

LAKSON’S MISSION

To exceed the expectations of our customers by producing and supplying high quality products while executing with strong ethical standards, total transparency and complete fairness in all areas of our business.

LAKSON’S VISION

We maintain transparency in our financial practices towards shareholders and institutions by assiduously following the laws of business, while working for continuous increases in share holder value to extent allowed by macro-economics environment.

We enact high ethical values while implementing all our management policies and procedures, internally and in our interaction with our suppliers and distributors, with a view to fostering long-term relationships.

MAJOR BRANDS

Morven Gold
Diplomat
K2
Red & White
Royals Filter
Park Lane
Marlboro

MILESTONES

1971The company commenced its commercial production through its first Cigarette Manufacturing cigarette Manufacturing Factory established in Kotri with an annual production capacity of 3,600 million cigarettes.

1976Second Cigarette Manufacturing Factory established in Karachi with an annual production capacity of 1,728 million cigarettes.
1982 Processing Industries Limited – Mardan, a wholly owned subsidiary and...
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