Management Principles & Strategies
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| Management Strategies - Implement the " Value Circle " |
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Wisdom and Harmony |
Develop with wisdom and prosper in harmony
Satisfy customers' needs with high quality products
Be a responsible corporate citizen with respect for community and environment
Build a company of which all are proud through actions of self-motivated employees |
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Creation Through Challange, Innovation & The "Value Circle" |
Incorporate the culture of creation e.g. addition of New Value in all our activities and work, inspired by challenge, innovation, smart management practices and sound working spirit
Make globally competitive products
Be on the forefront of technology and always benchmark against the best
Achieve breakthroughs, overcome barriers and always think ahead of time |
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Sustanable Growth And Gain For All |
Guarantee growth and gain to all stakeholders
Best quality products at globally competitive prices to customers
Training, development & professional growth of employees
Optimal return on investment to shareholders
Fair deal and matching growth to suppliers |
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| Management Principles - SVL Step Forward |
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Step 1 : Challenge and Innovation |
Achieve breakthroughs and overcome barriers by bold actions and out -of- the- box thinking.
Benchmark with the best and become top-of-class
Look for unconventional solutions to achieve results |
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Step 2 : Customer is King |
Ensure customer delight by anticipating and exceeding his expectations with regard to quality, cost, design and delivery |
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Step 3 : Benchmark with the Best and be top-of-the class |
Achieve world class in:
- Product Design
- Manufacturing Processes
- Product Quality
- Customer servicing
Management Systems (Quality, Environment, Others) |
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Step 4 : Decision making - Transparency, Employee Participation and Consensus Building |
Planning and decision making by taking cross functional views of all concerned
Communicate freely and effectively
Frank discussion and fearless expression of individual views by all employees, attempt at consensus building
Respect views of others
Quick decision making
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Step 5 : Implementation of decisions and Adherence to Targets |
Once decision taken, all concerned to whole- heartedly implement, irrespective of earlier views
Meet schedules, delivery dates and promises.
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Step 6 : Discipline |
Punctuality in reporting for work, meetings and respect for time of self and others.
Wear uniforms
Follow rules and regulations
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Step 7 : Cost Consciousness |
Take cost reduction measures at all stages
Cut waste
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Step 8 : Proper Attitude |
Responsible and sober conduct at all times
Cheerful, optimistic and positive attitude
Be a good team player
Develop initiative and acquire leadership qualities
Learn to take calculated risks for proper rewards
Ethical working
Be ambitious and work aggressively to realize your ambition
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Step 9 : Work Environment |
Provide clean, orderly and pleasant work environment
Ensure safety
Proper hygiene
Respect for environment and community
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Step 10 : Employee Growth & Development |
Create conditions to facilitate employees reaching optimal potential and achieve personal and professional fulfillment
Treat all employees as family members and the employees to have feeling of ownership in the company.
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