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A Decision Making which is a significant change in our Company.

What is decision making

A decision making is the act of choosing one alternative from among a set of alternative. Effective decision making requires that the decision maker understand the situation driving the decision.

The organization Parts


About Square Our finance Our products Human Resource Vision , Mission , Objective

About Square
Square Pharmaceuticals Limited is the largest pharmaceutical company in Bangladesh and it has been continuously in the 1st position among all national and multinational companies since 1985. It was established in 1958 and converted into a public limited company in 1991.

Our Product
1.Capsules 2.Tablets 3.Liquids 4.Injections 5.Suppositories. ETC

Why we need to change?


Square pharmaceutical is one of the establish medicine manufacturing company in Bangladesh. But, we have some competitor in the market. As a first competitor we consider Beximco pharmaceutical Limited. It is also an well establish medicine manufacturing company in our country. Both of our products are approximately some. But if we bring some change in our organization, we will be most leading company in the medicine market. Beside, our competitors are also conscious about us. They are following our Business strategy. So, we need to change in our management.

What type of change we need in our company

1. The following change, we are going to take. 2. Working environment change. 3. Technological change. 4. Increasing production. 5. Employee facility increasing. 6. Changing the marketing strategy

What is the decision regarding the changes


1) Working environment change:In our organization we want to change our working environment. Because, if the employee do not fell safety ness in their work field, the will not able to provide their best performance. 2) Technological change:-

Day by day technology is developing. So, we are also going to change in our organization technology. Because, if we change our technology. We will be capable to more production.

3) Increasing production:To fulfill our moment demand we need to produce more goods or service s. Because, If we do not fulfill our customer demand, we will loss our market. As a result, our profitability will be low. 4) Increasing Employment Facility:-

Employees are the one kind of driver of an organization. If the employee are not satisfied about there job. They will not provide there best performance. For this, we should provide motivation of them.

(5) Changing the marketing strategy Now, a days, all markets are competitor each other. So, we will change our marketing strategy. If we can do it our and we can achieve the fixed customer. It will be good for our organization.

Implementation:
A) Working Environment Chang 1. we will provide our employee wide space to move, easily here and there in the organization 2. 24 hours electronic facility 3. Neat and clean environment

B) Technological change: we will bring the latest machineries as a result, our employee will do their job easily. And our production capacity will also increase. All system will be computerize.

C) Increasing productive: If we can use the modern technology our production capacity will increase. Besides, we must provide effective facilities to our employees.

D) 1. 2. 3. 4. 5. 6. 7.

Increasing Employees Facilities


We will offer our employee the following facilities: timely payment salaries overtime facilities increment fund insurance policy medicine facility transportation facilities

E) Changing the marketing strategy


Increasing marketing employee. Good quality of product. price is reasonable e.g.

Conclusion:
Decision making is the major decision of management. Our organization is a medicine manufacturing organization. And our main objective is maximizing the wealth. Providing good quality of product and the price of the product will be cheap .So, we need to change in the organizational structure to achieve our objective.

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