Strategic orientation and commitment level
This company is fully committed and involved in international selling and marketing activities. They establish the marketing mix according to their target market. Their pricing strategies, advertising campaigns and distribution decisions are according to their target market .The bulk of their earnings are export based.
•To provide quality products to customers and explore new markets to promote sales of the company through good governance and foster a sound and dynamic team so as to achieve optimum prices of products of the company for sustainable and equitable growth and prosperity of the company •To transform the company into a modern and dynamic yarn cloth and processed cloth and finished product manufacturing company with highly professionals and fully equipped to play a meaning full role on sustain able basis in the economy of Pakistan MANAGEMENT STYLES
Personal Development and Training: Junior-level courses are frequently held in-house for personal training. Various courses organized in the past include the following,
Japanese-style Production Management: This course was formulated for supervisors and officers to enhance their management capabilities in interaction with the lower staff and associates and also to improve the production efficiencies.
Executive Development Course: This course was specially designed for middle management to enhance their principle-centered leadership qualities so that they could meet the emerging challenges of the global world. Neuro-linguistic programming was part of the course to help the employee in day-to-day activities to improve proficiency and effectiveness in their attitude and work style.
Basic English Language Course: This course was for those staff that is not proficient in written and verbal English language. An external instructor whose services were especially hired for this purpose conducted the course. Basic Labor laws of Pakistan: Professionals from Labor Department organized this course. The main purpose was to give acquaintances to the staff of their rights. Wage rates, vacations, working hours, child & bonded labor etc, were the main topics covered.
In-Housing Training School: Nishat mills limited have also established an in-house Training School for unskilled labor so that they may be trained on stitching machines, and qualify for work in the stitching floors. Unskilled manpower is hired from the market for training. And during this period they are paid as per the prevailing wage rules. RESOURCES:
NUMBER OF EMPLOYEES
No. Of employees9445103311009013636
NISHAT MILLS LIMITED (NML) commenced business in 1951 as a partnership concern, which was converted into private limited company in 1959. In 1961, the company went public and was listed on the Karachi stock exchange, the only stock exchange in the country at that time. NML started out as a weaving unit with 500 semi-automatic looms; later 10000 spindles were added, laying the foundation on nation’s biggest textiles composite project. Composite project at Nishat mills limited Faisalabad covering 98 acre of land is providing all production process under one roof i.e. spinning, weaving, processing, stitching and power generation. The Chairman: Today Mian Mohammad Mansha, the chairman of Nishat Group, like his father, continues the spirit of entrepreneurship and has led the group to become a multi dimensional corporation, with wide ranging interests. Nishat has grown from a cotton export house into the premier business group of the country with 5 listed companies, concentrating on 4 core business, Textiles, Cement, Banking, and Power Generation. Today, Nishat is considered to be at par with multinationals operating locally in terms of its quality products and management skills. Firmly believing in ‘Growth...