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WELCOME

WELCOME. Date: January 26, 2012. PRESENTATION ON SWOT ANALYSIS OF POWER GRID COMPANY OF BANGLADESH LIMITED. The name of the officers participated Mr. Md. Jamal Ullah, Managing Director Mr. Md. Nazim Uddin, Director O&M / P&D ( Addl. Charge ) Mr. Mohammad Salim, GM, Finance

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WELCOME

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  1. WELCOME

  2. Date: January 26, 2012 PRESENTATION ON SWOT ANALYSIS OF POWER GRID COMPANY OF BANGLADESH LIMITED

  3. The name of the officers participated Mr. Md. Jamal Ullah, Managing Director Mr. Md. Nazim Uddin, Director O&M / P&D (Addl. Charge) Mr. Mohammad Salim, GM, Finance Mr. N. C. Roy, GM, Transmission-1(Addl. Charge) Mr. Md. Billal Hossain, GM, Transmission-2 Mr. Md. Mokhlesur Rahman, GM, Project Mr. S. K. Dasgupta, GM, System Operation (Addl. Charge) Mr. Quazi Ahsan Shafique, GM, P&D (Addl. Charge) Mr. M. Rahman Shah, GM, P&A (Addl. Charge) Mr. Md. Abul Khair Chowdhury, DGM, Audit

  4. Introduction SWOT analysis is a strategic planning method used to evaluate the • Strengths • Weaknesses / Limitations • Opportunities and • Threats involved in a project or in a business venture.

  5. Introduction (contd.) • Strengths: Characteristics of the business, or project team that give it an advantage over others. • Weaknesses (or Limitations): These are the characteristics that place the team at a disadvantage relative to others. • Opportunities: External chances to improve performance (e.g. make greater profits) in the environment. • Threats: External elements in the environment that could cause trouble for the business or project.

  6. Why SWOT is essential ? Identification of SWOTs is essential because subsequent steps in the process of planning for achievement of the selected objective may be derived from the SWOTs.

  7. Requisite factors • While carrying out SWOT Analysis, be realistic and rigorous. Apply it at the right level and supplement it with other option-generation tools where appropriate. • The decision makers have to determine whether the objective is attainable, given the SWOTs. If the objective is NOT attainable a different objective must be selected and the process should be repeated.

  8. Implementation of SWOT analysis • Setting the objective should be done after the SWOT analysis has been performed. • This would allow achievable goals or objectives to be set for the organization.

  9. Strength • Company has achieved a leading market position due to the monopolistic nature of business. • Countrywide High and Extra high voltage strong transmission infrastructure including a reliable Fibre Optic communication network. • Quality & efficient Operation and Maintenance of transmission system.

  10. Strength (contd.) • Strong financial position in terms of capital investment and liquidity. • Skilled, Experienced and Dedicated Professional and highly qualified work force to manage the entire transmission system effectively and efficiently.

  11. Weakness • Debt Equity ratio is comparatively high. • Project financing is very much dependent on Development partners and Government fund. • Lack of automation in administration, finance and especially in National Load Despatch Centre (NLDC) operation.

  12. Weakness(contd.) • Decision making process is not standardized. • Lack of ownership development among the employees. • Lack of Corporate office environment.

  13. Weakness(contd.) • Insufficient manpower due to inadequate setup and sluggish recruitment activity. • Human resource development activities inadequate. • Time over run in project implementation.

  14. Opportunity • Access of electricity to 100% people will generate huge revenue. • Diversification into new business (Telecom and Consultancy. • Rent out unutilized OPGW facilities on commercial basis. • Rent out tower facility for Microwave communication.

  15. Opportunity(contd.) • Inter connected grid network with neighbouring countries will create prospective revenue earnings. • In the perspective of national power sector development, the Company will have the business opportunity.

  16. Threat • Lack of proper Regulatory functioning among the power sector utilities. • International Business Risk (Fluctuation in Foreign Currency Exchange Rate). • Lack of co-relation between Generation and Transmission network. • Absence of progressive Tariff policy.

  17. Idea conceived • Vision, Mission, Quality policy and objective is to be Re-defined. • Work plan is to be set to mitigate future needs. • Activity is to be identified to materialize work plan. • Goal setting and Target achievement monitoring is most essential. • Institutional capacity building is a top priority.

  18. VISION of PGCB Economic upliftment of the country by reaching electricity to all through reliable transmission. • MISSION of PGCB Efficient and effective management of national power grid for reliable and quality transmission of electricity throughout the country.

  19. QUALITY POLICY of PGCB Power Grid Company of Bangladesh Ltd. (PGCB) is responsible to manage all affairs of the National Power Grid and ensure quality transmission of generated electricity for distribution. In this process PGCB will undertake proper maintenance of the National Power Grid, sub-stations and relevant facilities efficiently and effectively. To ensure this PGCB shall manage and develope human, technical and material resources at all levels.

  20. Objective setting • In 2005 PGCB set its own objectives while implementing ISO 9001:2000 Quality Management System. • The targets are deployed down to the lowest level of activity (i.e. substations). • Target achievement is monitored by Management Review Committee, the apex management committee of the Company.

  21. Performance Targets for FY 2011-12 & FY 2012-13 based on achievement in FY 2010-11.

  22. Performance Targets for FY 2011-12 & FY 2012-13 based on achievement in FY 2010-11.

  23. Performance Targets for FY 2011-12 & FY 2012-13 based on achievement in FY 2010-11.

  24. Performance Targets for FY 2011-12 & FY 2012-13 based on achievement in FY 2010-11.

  25. Performance Targets for FY 2010-11 & FY 2012-13 based on achievement in FY 2010-11.

  26. Objective setting (contd.) • On January 1, 2012, PGCB has signed a Memorandum of Understanding (MoU) with the Ministry of Power Energy and Mineral Resources to monitor the performance of the Company and to award incentive to the employees of the same. • The salient features of the targets in this MoU are

  27. PROPOSED Performance Targets and their weight Factor (FY 2011-12)

  28. PROPOSED Performance Targets and their weight Factor (FY 2011-12)(contd.)

  29. Work Plan • Preparation of line and substation-wise yearly maintenance programme. • Standard Operating Procedure (SOP) for Financial Management is to be planned by this year. • Standard Operating Procedure (SOP) for Administration up-gradation is to be planned by this year.

  30. Work Plan (contd.) • Planning of activities to improve confidence and enthusiasm among the employees. • Human resource planning in respect of recruitment and training in the company culture environment. • Planning of own resource generation and reduction of expensive debts.

  31. Work Plan (contd.) • Project preparation and operation procedure should be reviewed as per international standard. • Up-gradation of NLDC operation and maintenance. • Planning of software based centrally controlled store management. • Development of a business plan for the available OPGW network.

  32. Implementation Plan • Monitoring of planned maintenance schedule by concerned Manager, DGM, GM and Director on weekly / monthly / quarterly / yearly basis. • Preparation and follow up of a Standard operation guide. • Implementation of SOP for Financial Management by June 2012.

  33. Implementation Plan (contd.) • Implementation of SOP for Administration up-gradation by December 2012. • Security management of KPI installations to be monitored Monthly / Quarterly / Yearly. • Reward scheme for moral up-gradation is to be implemented within June 2012.

  34. Implementation Plan (contd.) • An yearly training programme based on 50 hour per employee per year is to be monitored monthly. • EOI / RFP for up-gradation of NLDC operation and maintenance is to be invited by June 2012. • Monitoring and evaluation of Monthly and Quarterly progress report should be maintained strictly.

  35. Implementation Plan (contd.) • Estblishment of software based centrally controlled store management by July 2012. • Business unit is to be established for commercial utilization of the available OPGW network by December 2012.

  36. Evaluation Process • Evaluation of successful implementation of work plan is to be monitored by Monthly / Quarterly / Half Yearly / Yearly. • Proposals on performance evaluation criteria, already submitted to the Board Committee on Administration, is to be finalized by March 2012. • Corrective action will be taken as per evaluation findings.

  37. Thanks

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