Vision Management Concept

Management is termed as the process which starts from planning and moves to organizing, leading and controlling (Robbins (2008).). The management is a vast concept and can be viewed from many prospectives; the management is generally referred with Marketing Management, Financial Management, Human Resource Management and Operations Management etc.One of the traits of leaders is vision that is having a dream for future scenario; the vision statement is present at the profile of every company. It is so important for individuals, groups and corporations that the success and growth is not possible without a vision.It is important to have a vision but it is more critical to manage it. Vision management means managing the vision to achieve the desired outcome. Vision management includes all the activities of planning, organizing, leading and controlling.It is said, “Leaders do the right things and managers do the things right.” Leaders have a vision for future scenario to bring a change to improve a situation. But how a change will come? How a situation will be improved? The answers to these questions come from the concept of vision management. With vision management activities, actions are taken to move the things into favorable situations in order to achieve the vision.Let’s look at the each step in detail.VisionIt is generally said that management starts with planning (Robbins, 2008), but in real situation management starts with a vision, if there is no vision, for which the management activities will take place? It is first thing after which all other actions take place. Like in the organizations, whenever the change occurs, it comes from the top management. Through the vision of the top management and determination to manage the vision, market position of the organizations can be changed. There are lot of examples in Pakistan, like “niralla sweets”, it was started as a very small business now through the vision; it is now a million dollars business. Vision is given by leaders who want to bring change or improve the situation or change the attitude of the people. When people rather mangers have vision, they start other activities to achieve it.The vision is not always realistic; it is made realistic through vision management. ( Maaz Syed)PlanningAfter the vision, planning is done about how to achieve it, what is required to make the situation in favor, what resources are required to achieve the vision and what should be eliminated.Planning for resources is very important but it is also critical to eliminate or minimize unfavorable circumstances, because if these are not minimized, even the abundant resource will not help in achieving the favorable results. Planning includes planning of physical resources, financial resources and human resources (Robbins,2008). Planning is very important after having a vision, because if planning is dumb than all is not well; even best vision and affluent resources will not be useful if there is poor or dumb planning.Planning is very important activity and we all are involved in planning in our daily life, the planning can be short-term or long-term. In Pakistan the planning is generally not given the importance it deserves; especially in public sector because there is no vision so there is no planning.Planning is always made by keeping vision in mind, during planning there should be minimum deviation from the vision; vision should be always in mind to make the planning.OrganizingOrganizing comes next to planning. Organizing refers to organizing the physical, financial and human resources. It is very critical to make the right use of resources.Organizing is linked with vision, in vision management, organizing not just mean organizing resources it also means organizing the series of events that will direct the situation in the favor of vision.Organizing is also very important for vision management; unless resources and scenarios are not organized the vision cannot be achieved, it is the task of managers to organize and make the aisle clear without any obstruction.The vision is well-managed when every thing is organized and there is no hurdle or obstruction in the way, it does not mean that there should be no problem; it means that when there comes any problem, the managers solve the problem immediately and turn the situation in favor to carry out the vision. The independence of Pakistan in 1947 is a bright example of vision management. Quaid-i-Azam had vision and the party members (managers) helped in achieving it, the struggle for independence is a bright example of vision management. We can take this example and implement the lessons in businesses, to achieve a certain position in market, hard work, efforts, competencies, determined people and above all a vision is required.LeadingLeading comes next to organizing in vision management. Leading means leading the people i.e. make people behave and work according to the plan in order to achieve it. The concept of behavior modification is important in leading the vision.Leading the people includes changing behavior of people and make use of their knowledge, skills and abilities in order to achieve the desired outcome. The people use their knowledge and skills and work for the vision which is provided by leaders thus are very critical to vision management. It should be kept in mind that the leaders have vision, they communicate it to the people, but it is achieved by people. The people work according to plan and thus help in achieving the vision. Vision management is not possible without people and thus vision cannot be achieved without people.Leader gives directions and vision and people follow the vision to achieve the leader’s vision and goal. Even competent and most intelligent people cannot work at full capacity unless they have clear direction and a vision to follow. The example of ¬©Microsoft is an example, the company is losing its market position because of low innovation, the people are same, there working has affected the reason is that the company’s vision in obsolete now and the workforce do not have any vision to follow which has caused company to lose its market position. This shows that vision is very important for the success of the companies.ControllingControlling is considered as final activity in management (Robbins (2008.).) and thus it is final activity in vision management.In vision management just like a project, the controlling is a continuous activity and it remains throughout the process of vision management.In vision management, controlling refers to the controlling of every single step that nothing should deviate from the vision. Controlling also refers to controlling the physical resources, finance and behaviors of people so that not a single thing should deviate from the vision.Controlling is the job of leaders and the managers to whom the authority is dedicated by the leader.ConclusionVision management is thus the combination of various management activities which leads to the achievement of vision provided by leaders. Vision management is very important and present every where but it has not been given due consideration. Awareness to vision management will helps the organizations to improve their operations and working environment to better achieve the company’s vision.

The Footprints of Fabric Wholesale: Azam Cloth Market

The shopkeepers of Azam Cloth market pride themselves on, and they like to stress this vehemently, being a part of ‘the biggest cloth market in Asia.” While snaking your way through the many winding alleys lined with shops of various sizes you do tend to lose track of both time and space. The market is a collage of many small interlinked bazaars where the daylight doesn’t always seep in and the damp musty odor of history prevails.Situated in the walled city of Lahore, the Azam cloth market is the hub that has been handling wholesale distribution of cloth and ready-to-wear for the last six decades. From khaddar to silk, ready- to-wear to clothing fabrics, casual wear to bridal wear, the market has something for every apparel retailer.According to Mohd Amjad Sheikh, who has been in the wholesale apparel business since 1974, the Azam cloth market caters to a wide customer based both in Pakistan and abroad. “Retailers from all over Pakistan, Dubai, and UK visit us for their stock purchases. However, the recent security issues have had their impact on the business. Our customer base from India and Afghanistan has dwindled to almost zero. We hope once the situation improves retailers from all neighboring countries will find it comfortable to visit us.”The merchants of the market are well versed in the history of the place, and every shopkeeper can recount how when the market was created and named. There was a small market near Wazir Khan Mosque; in 1953 when a road had to be widened the market was shifted to its current location by General Azam who gave his own name to the market. Over the decades, the small market extended and now has numerous interlinked blocks or bazaars all dealing in wholesaling of various types of clothing fabrics and lines.How many interlinked bazaars are there in the market? There is no consensus as such but gathering from the comments of various shop owners the number must be somewhere between 15 and 20′It’s an Institution.’All the bazaars of Azam market are linked and managed by a board of directors. “You won’t find a more well managed institution in Lahore. We have our own constitution with a specific set of rules. Every bazaar has its own president who in turn is answerable to the president of the board. Elections of the board are held every three years to elect resident of the board. Security and administrative decisions made by the board are binding upon the market community,” the business community of the market proudly spells out details of the ‘institution.’ Fire extinguishers, security guards and clean lanes show an active involvement of the board that runs on self-help basis. Every shop owner pays monthly charges of about 200-300 rupees to form a combined pool that helps meet the maintenance expenses.Nawab Bazaar: The oldest block of Azam Cloth MarketWhile it is difficult to explore every bazaar in a single visit, every first time visitor should stroll in the Nawab bazaar to get a feel of the place. Nawab bazaar is the first and the oldest block of Azam cloth market. Its open cool spaces invite the customers to linger and shop at their own pace. The shop owners are friendly and there is an overall ambiance of good cheer.’What’s in the name?’Two different versions prevail in the market about the history of block’s name. One interesting story traces origins of the name to the first generation of business men who started their businesses in this market.According to this version, this first generation of wholesalers liked to arrive late in the markets and opened their shops around noon. So people started calling them nawabs (nawab connotes a laid-back almost royal attitude) and the market came to be known as Nawab bazaar.Javed sahib, the president of Nawab bazaar, however, strongly disagrees: “My, father, Haji Nawab Deen, was the first generation of wholesalers who established businesses in this block, and the bazaar is name after my father,” he states.Whatever the real history of the name, the different versions add to the aura of antiquity surrounding the market.It’s a Man’s WorldThe wholesale business is dominated by men. Not only there are no female shop owners but you encounter female customers. Occasionally you can run into a lone female retailer traversing the narrow alleys of the market. Razia is one such brave woman I met while combing through the glittering, colorful shops of women’s apparel.”I have nine children and my husband is a ‘home-tailor’ who works at his clients’ places. To make ends meet, I have started this business. I purchase ready-to-wear female kurtis from this market and my husband takes them to his clients’ houses and sells them. We get to save 100 to 200 rupees on every kurta. It isn’t much but it helps,” Razia explains her ‘business model.’First Time visitorsWhether you are a retailer, a casual visitor, or a customer who wants to get good bargains, try to heading for the market between 9:30 am to 10:30 am. This is the time when the traffic is not too heavy and it is still quiet in the throbbing, congested lanes of the market. Visiting the market early will save you half of the hassle of long traffic jams. The other half, while going back, you will have to bear. Another advantage of visiting the market early is that once you are there you can shop at leisure and will even have time to haggle with the shopkeepers. As the day advances the business activity picks up pace, the market gets too crowded.Parking your vehicle is now easy as there is a huge parking plaza near the market. However, the plaza doesn’t have a lift and once you park the car you will have to walk all the way down and then walk all the way up to get the car. It is bit of an exertion and would help if you are in the mood for some exercise.Azam Cloth Market is surrounded by many other wholesale and retail markets, and while you are there you can have quick round of the other markets and schedule your next visit to one you like.

Textile & Apparel Industry in Turkey

Market OverviewTextile and Apparel industry has a great contribution to the Turkish economy. The industry has been denominated as the locomotive of the Turkish Economy for years. Turkey’s textile and apparel exports continued rising recently after began falling in January, with elimination of EU and US quotas.The industrialisation efforts of the 60′s and 70′s gave birth to the modern textile industry in Turkey. At the beginning, this sector was operating as small workshops. But the sector showed rapid development and during the 1970′s began exporting. Today, Turkey is one of the important textile and clothing producers and exporters in the world.Turkey’s textile and clothing manufacturers began relocating production in Eastern Europe and Central Asia. In the last three years, Turkish textile and apparel companies faced raising difficulties, after having substantially succeeded in the eighties and the first part of the nineties.Chinese textile exports after a decades-old quota system limits ends on January 1, 2005 and the World Trade Organization believes that within three years the Asian giant could be producing over half of the world s textiles, up from 17% in 2003.The end of the quota regime has spawned fears of widespread job losses around the world, including in Turkey, whose own textiles and apparel exports stand at around $20 billion a year.Thus, it is necessary to understand the Turkish textile and apparel sector, the weakness and the strength it has in the World market.Current scenario of Textiles and Apparels in TurkeyThe textile and apparel sector has been the backbone of the Turkish economy with a vital role to play in the industrialisation process and market orientation of the economy in the last two decades. In the 1980s, it was the leading sector related to the global economy and the export revenues of this hard currency earning sector contributed substantially to the overall economy. The textile sector continued to be one of the major contributors to the Turkish economy, being one of the fastest growing sectors in the 1990s with an average 12.2% annual growth, while the Turkish economy had an average growth of 5.2% per year. Total investment in the sector exceeded US$ 150 billion, of which more than US$ 50 billion was invested in the last 5-10 years.Textile industry started out in the 1960s in small workshops, have rapidly developed and transformed Turkey into a global competitor.The total number of firms in the sector, dominated (95%) by the private sector, number around 44,000 and 25% of them are active exporters. The apparel industry is constituted mainly (80%) of small and medium sized firms whereas the technology-intensive textile production has been undertaken by large-scale companies. Today, around 20% of Turkey’s 500 largest companies are involved in the textiles and apparel sector.Low labor costs, a qualified workforce, relatively cheap raw materials have played an important role in the significant growth of the sector; as well as a liberalized economic environment and export-led policies in the last two decades.The production value of the sector is over US$ 20 billion. Employment in the sector is estimated to be about 4 million people (2.5 million employed directly and a further 1.5 million indirectly through the sub-sectors). Official statistics also reveals that around 500,000 employees in the sector due to unregistered labor force.The apparel sector exports approximately 60% of its production. Capacity utilization rates are approximately 75% especially among exporting manufacturers.Turkey ranks also among the top ten global producers of wool cloth, carpets, synthetic filament and fiber, polyester and polyamide filament. While Europe’s 3rd largest polyester producer is a Turkish-US joint venture, Turkey’s synthetics production mounts to 15% of Western Europe’s capacity.Economic ContributionTextile and clothing industry has a great contribution to the Turkish economy. For example, textile and clothing industry accounts for:. 10% in GNP. 40 % in industrial production. 30% manufacturing labor force. 35% of exports earningThe textile and apparel sector contributes over 20 billion USD to the Gross National Product. The sector is mostly important for its export earnings; its share in the country’s total exports has been between 33-39% since 1990.The major export market for Turkish textile and apparel goods is the EU countries, which account for about 65% of total textile and apparel exports. Turkey ranks 2nd in apparel and textile imports to the EU having an 8.2% and 4.8% share in the EU’s total textile and apparel imports respectively as of 2003.Export scenarioTextile and apparel exports increased by 14.6% on average per year during 1980-2003. Especially until the second half of 1990s, the sector’s exports increased at a rate above the increase in total exports of Turkey as well as the increase in global textile and apparel exports. In 2003, the sector’s exports totaled US$ 15.1 billion, having a share of 32.6% of the total exports. Exports rose to 23% in 2003, terms of value to 2002. The increasing share of apparels in exports since 1986 signifies the efforts to produce more value added products.After the EU, the USA is a big and impending market. Turkey is the 19th apparel supplier and ninth textile supplier of USA with a 1.9% and 2.9% share respectively. Beside the EU and the US market, new markets are North African countries namely, Tunisia, Egypt and Algeria; Middle East countries namely Syria, Israel and Saudi Arabia; Eastern European countries namely Romania, Bulgaria, Poland and Hungary; and CIS countries. The sector faces quotas only in the USA and Canada. The Russian Federation was also a big market for the Turkish textile and apparel sector till the financial crisis of August 1998. It was the 3rd biggest market for apparel and 9th for textile products in 1997. Russia is still a promising market for textile and apparel sectors with its high consumption potential that will come out in the following years especially after developments towards better integration to the world economy and WTO membership prospects.Cotton marketTurkey is a very important cotton country, which is an advantage in raw materials, for the clothing industry. Turkey is a traditional cotton producer and uses this advantage in the textile and apparel sector. Turkey ranks 1st in Europe and 6th in the world cotton production with an average production of 800,000-900,000 tons per
year. Moreover, with the completion of irrigation projects within Southeastern Anatolian Project (GAP), Turkey’s most comprehensive development program, current cotton production is expected to double by the year 2005.During 2003-04 season Turkey produced 893,000 tons of cotton. About 30% of the cotton production is high quality long staple cotton and the rest is of medium quality. The cotton industry provides a competitive edge to the textiles industry, which utilizes cotton as its essential raw material.Cotton Market Trends
Main destinations for cotton yarn exports are Italy, Portugal, Greece and Belgium and for cotton fabric the UK, Italy, USA and Belgium. Whilst Turkey used to be a net exporter of cotton, the trade balance reversed in 1992 and since then Turkey has been a net importer of cotton since domestic demand has persistently exceeded available stocks. Beside cotton, Turkey has a strong standing in synthetic fiber, wool and mohair productions. Turkey ranks ninth in synthetic fiber, eighth in wool and third in mohair production in the world.Home Textile IndustryBesides the Turkish textile industry Turkish home textile industry has also shown a growth in terms of production and exports. In recent years the production of home textiles has shown a stable increase due to the rise in domestic and external demand for home textiles. Turkish home textile industry has recorded growth in terms of production and exports in recent years. Almost all kinds of home textiles are produced in Turkey. These may be listed as follows in order of their export values: bed linens, bedspreads, table linens, towels, bathrobes, voiles, curtains, lace, interior blinds, curtain or bed valances, blankets, cushions, pillows, quilts, eiderdowns.In home textile sector, besides large scale firms there are many small and medium sized firms scattered all around the country. As a division of the textile industry, the home textiles sector accounts for 3.2% share in Turkey’s total exports and have been an important sub-sector for the Turkish economy. European countries are the most important markets for Turkey s home textile exports. At present Germany, the UK, France, the USA, Netherlands and Russian Federation are the major markets for Turkey s home textile exports. New markets such as Poland, Hungary, Romania and CIS countries are gaining more and more importance.Foreign Investments in the SectorThe products of the Turkish textile and apparel sector have a good reputation in foreign markets as a result of the availability of high quality cotton in Turkey, wide usage of CAD (Computer Aided Design) and CAM (Computer Aided Manufacturing) and the increase in the number of qualified personnel.ConclusionThe sector is aware of the trend in international markets towards increasing demand for healthier and more environmentally friendly products and tries to adapt itself to these developments by legal and technical regulations.Nevertheless, it is hard to keep its competitive position in the world market full of emerging players. Thus, manufacturers have shifted their operations to value-added products and creation of brand names. Currently, 30% of Turkish manufacturers have their own designs and brands in international markets.As current studies reveal, developed countries will have a decreasing share in global textile production while the developing countries will increase their manufacturing capacity to meet the increasing demands. It is also estimated that by 2005, the developing countries will increase their self-sufficiency in textile production. The US with an estimate of 200% increase in textile consumption is also estimated to have a 32% decrease in self-sufficiency by the year 2005.Turkey, with its adaptability to European standards and regulations related to environment, health, quality, and safety is aiming to move into the production of more and more value added products, into an era in which the Turkish textile industry will be known for its quality trademarks and will be pricing a product for the Made in Turkey sign.