Description of the management team
Key managers and employees One of the partners will be involved in the managing of the company. He will be responsible for overall management of the company and will received helps from other partners in doing so. His main job will be to manage different area of the company. He will look after the forecasting, capacity planning, scheduling, managing inventories, assuring quality, recruiting new worker, motivating workers, decide where to locate the company, buying of raw materials and equipments and maintaining them. His job consists of making plans before hand. Making plans like working time table for worker, rest time, meal breaks. His jobs will also consist of forecasting of events, problems and accordingly plan a solution. Others important things like buying of raw materials, processing them and making them ready for the use. Among the key operation management task in either case is the scheduling production, deciding which parts to produce and which parts to buy, ordering parts and materials, deciding on the style of the furniture to produce and how many, purchasing new equipments to replace the old ones or worn outs and motivating the worker, ensuring that the standard quality is met. One of the important aspects of managing is the ability to motivate the worker. If the worker is not motivated enough they will perform below their natural ability. So good manager is one who is able to inspire and motivate his/her worker to do best of their ability. Motivating the worker is an art. And like any art it comes from practice and perseverance. Virtually in every situation managers find certain elements are important. Recognizing this fact of life enables the managers to direct their energy towards specific goal and refrains from wasting valuable times and resources.

Recruitments and selection procedure New workers will be interviewed by committee members who will consist of all the six partners. We will recruit around some five to ten full time workers and two part time workers to increase the furniture production during the on season when there is high demand for the furniture. New recruit will be selected on the basis of their skills and experience. We will recruit students from

zorig choesum. New recruit should have knowledge on carpentry and should be at least ten past though there will be no written test as such but just in case they get to train in the future and enhance their knowledge. Worker with past experience in carpentry work or any merit certificate on the field of carpentry will be given priority and their salary will be more than the other with the less carpentry skill.

Background of the worker Background of the new workers will be thoroughly checked. This is mainly done in order to have worker without criminal records. This can be easily done by asking the worker to provide the criminal clearance record from the police. It is important to have good workers with good work ethics. Worker with bad work ethics will not only perform their share of work badly but also spoil others work too. Therefore it is worth doing some research on the worker’s background and have good worker who will benefit the company instead of having bad worker who will bring loss to the company. The environment in which they were brought up also determines their work ethics. So as we interview the new recruits we will also have some question regarding their culture and environment they were brought up in.

Experience, skills and know how they bring to the company We will try to recruit veteran worker. This worker will bring with them the skills and knowledge which will be beneficial to the company while competing in the market for the buyers. Their experience in the carpentry will give us an edge against our rival company. Since they will be having more knowledge on the furniture making they can also act as a advisor for us on type of raw materials to be used, designing of the furniture etc. We can also involve this worker while making decision related to furniture production.

Training and benefit package As the company grows in size it also needs to bring change in the production process. This will give a chance for the company to provide training to their employees. Company will sends its worker to train in the field of carpentry to various related institutions where they can enhance their skills and technical knowhow. IT training will be provided to all the literate worker, so they can make use of internet and keep up with the modern methods and techniques. This will be of great bonus for both the worker as well as the company, where worker will get exposure and chance to improve their skill and paid accordingly and company can have good quality of products and make good profit out of it. As the benefit package from the company, worker will get certain percents of discounts on buying furniture. Any worker who makes more furniture than rest of the worker will get bonus at the end of the month. They will also receive bonus on festival and other special occasions.

Plan of operation
Form of ownership Since all the six partners will invest equal amount of money in the company, therefore all the six partners will have equal share of ownership in the company. These types of ownership have both advantages and disadvantages. Advantages are that there will be many partners working towards the same goal i.e to make fortune. Whereas disadvantages of such ownership are that no one is the sole owner and doesn’t have sole power to make decision on any matter related to company. All the six partner will have a legal right to make decision with regards to the change in the companies rules and regulation. These can be done on the voting basis. For instance if any one of the partners wants to bring a change in the manufacturing process of the furniture, then all the partner will have to vote and come to an agreement in order to proceed with the change. If there is more negative vote against the change no further discussion will be done until and unless its need is felt. Similarly other legal set of rule will be formed to ease the decision making process in the future. This will not only reduce the time taken to make decision but also make it more legal and professional.

Natshok Ran gdrel

Digital Signer:Natshok Rangdrel DN:CN=Natshok Rangdrel, E=nat shokrangdrel@gmail.com, C=DE Date:2014.05.03 17:04:36 -07:00

When it comes to sharing of the profit each member will have equal share in the half of the profit made by the company. For example if the company makes one lakh of profit, fifty thousand will be shared equally among the six partners and rest of the money will be used to run the business. In case of company running in loss all the six partners will bear the loss. And accordingly proper measures and precaution will be taken.

Decision making authority Decision regarding the company’s welfare will be made by the committee members who will consist of all the six partners. Committee members will be assisted by the board of directors. This board of director will be formed by the some hired veteran in the furniture making. Decision related to the finance will be made with consent from the accountant. We will have to depend on our professionals, our accountant and our adviser for some key management help. The finance will also help in activities related to securing resources at favorable prices and allocating those resources to throughout the organizations. Finance and operations management personnel cooperate by exchanging information and expertise in activities such as provisions of funds (the necessary funding of operations and the amount and the timing of the funding can be critical when the funds are tight.), economic analysis of investment proposals. While taking important decision other than finance we will follow some set of rules (formed by the committee members beforehand hand along with board of directors.) This rule will be followed whenever taking some important decisions.

Conflict resolution process
Conflict is inherent in all workplaces and contexts. It occurs regularly in everyday situations and can vary in level and intensity. When people work together, there will inevitably be disagreements. Some of these disagreements are minor, but some can turn into major conflicts. If conflicts are not resolved, they can lead to long-term tension and unhappiness amongst employees. We should try to discover how to minimise the negative consequences of workplace conflict and how to strengthen interpersonal and organisational relationships by learning to manage conflict situations and our responses to them. In

order to resolve any type of conflicts we should first Identify the key components present in all angry confrontations, recognise different stages of conflict escalation, recognise the signs of conflict and aggression, maintain composure when responding to conflict and aggression, use skills to manage their words, phrases and body language, demonstrate skills to stay calm and manage angry customer behavior. Participation from all of the interested parties.
A unilateral change in position by one party alone doesn't produce this result. All the parties involved in the conflict must complete the process together.

The willingness of all parties to learn as they go and adapt creatively. Both the parties should be willing to solve the problem and come together. Participation from the top levels of your organization.
To make sure everyone is on the same page, it may be wise to confirm that higher-ups are willing to "honor the process," whether or not they are actively involved. Their direct involvement in the process isn't necessarily required, unless of course they are identified by themselves or other parties to the dispute as being involved, or their approval is necessary to a solution. In fact, sometimes upper levels wish to be kept out of the fight, and handing the problem off to a dispute resolution procedure is a welcome "out" for them. When executives do personally participate, while the boss is always the boss it is critical that the facilitator holds her to the same obligations as the other parties and does not show any bias in her favor.

Future expansion plan As we establish ourselves in the market as the key supplier of the furniture. We will then slowly try to expand our factory. We will shift from customize furniture making to mass production of the furniture. We will move our factories to more populated centre like Thimphu, Paro, Phuentsholing. In order to expand our factories to these paces, we will need more resources and more man power to run our business successfully. We will mobilize more funds from the banks and other resources to set up new factories. Since we will be going on mass production we will need to bring sophisticated machines that will reduce the man power. This will be expensive at

the beginning, but at the long run it will be more profitable than employing manual worker. However some work can never be done with the machine they will require human skill. So we will still employ some good numbers of workers. The machine will produce the different parts of the furniture and all the assembling will be done manually by the worker. This is mainly done in order to maintain the quality and standard of the product. This will also help worker to see any defects and make necessary changes accordingly.

Organization chart

manager operation manager production manager common employees
Our company is owned and operated by the entire six partners with equal ownership. The entire six partners manage the company and share all managerial, administrative, marketing, design, layout and product development functions. The company has ten full time and three part time employees who work on the shop manufacturing furniture. The furniture industry is very cyclical, so staffing levels fluctuate between 2 to 5 employees depending on our production needs. Part time employees will be promoted to full time as sales increase. One to two part time employees will be hired each year over the next two to three years as production volumes increase.

marketing manager

design manager

accountant

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