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Group 2 Aayushi Garg Arun Verma Meenakshi Savant Ravi Pratap Singh Shikha Chaudhary

Volvo case ppt

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Page 1: Volvo case ppt

Group 2Aayushi Garg

Arun VermaMeenakshi SavantRavi Pratap SinghShikha Chaudhary

Page 2: Volvo case ppt

Swedish Car manufacturing company. Founded on July 25, 1924 Founded by Larson & Gabrielsson. Firstly they were manufacturing cars. Later on they manufactures trucks, tractors,

engines and grinders along with the cars. Volvo closed down their plants in Uddevalla

and Kalmar. Volvo started facing labour problems by the

early 1970’s.

Page 3: Volvo case ppt

1. Increase in absentism rates.2. Increase in employee turnover.3. Increase in HR cost.4. Dissatisfaction of employees.5. Change in socioeconomic condition in

Sweden.6. Diversity in workforce.7. Financial problem.

Page 4: Volvo case ppt

Job enrichment experiments.1. Job rotation2.Management employee councils.3.Small work groups.4.Change implementation5.Employee oriented facilities.

Page 5: Volvo case ppt

Proper training to new employees. Spreading company’s values and

objective in all the employees. Discipline and proper implementation

of rule and regulation among the employees.

To make them responsible for their work assigned.

Welcoming their ideas and suggestions

Page 6: Volvo case ppt

Meaningful involvement of unions and workers in the early planning.

Each assembly team is a small factory that controls and varies its work pace, and benefits from long work cycles.

Flat hierarchy, and organizational autonomy. “do it right from the start” attitude

development. Unprecedented modular flexibility with no

linear fixed sequences

Page 7: Volvo case ppt

Decentralized Final Assembly. Any necessary corrections are returned to the

team, thus providing excellent feedback. Basic skills training continues within the team

environment. Additional stages of training that lead to

“master”. The skills and competence development

system tied to promotions.

Page 8: Volvo case ppt

Motivational training. Compulsory attendance. Incentives and perks. Employee friendly environment. Career planning for employees. Competency management. Employee engagement at organizational level.

Page 9: Volvo case ppt

Harvard Business Review, 1977, Jul-Aug Issue

Business Horizons, 1992, Nov-Dec Issue www.volvo.com www.google.com www.wikipedia.com www.humanresources.co.in

Page 10: Volvo case ppt

Group 2