Johnson Turnaround

ACKNOWLEDGEMENT

Assalamualaikum Warahmatulliahhiwabarakatuh.

First of all, I would like to thank to Allah SWT most gracious and most merciful, for giving me the strength and ability to prepare and finished this assignment successfully. Without the consent of Allah SWT, I may not be able to perform my task correctly.

I also would like to take this opportunity to give special thanks to Dr. Nor for all the brilliance ideas, guidance and advises that help me to solve problems while completing my assignment.

Deepest gratitude also wishes to all my special friends those help and support me in this journey. Insha’Allah I never forget all the kindness given from all of you. Without your co-operation I believe that I would have a lot of problem to prepare this assignment.

Last but not lease, I hope that all the kindness given to me will get the blessing from Allah S.W.T. Thanks you very much.

JOHNSON PTE LTD.

Company Background

Johnson Pte Ltd (JPL) is a public non-listed subsidiary of a fast moving consumer goods group of companies based in the southern Indian region. Johnson Pte Ltd manufactured and distributed a range of products, including frozen chicken, noodles, pastries, bread products, yeast and fats. It also traded in commodities such as oil and owned a chain of restaurants and retailing outlets. Johnson Pte Ltd was wholly owned by the Indian government which 20 years after it began operations, the Hong Kong group of companies acquired 80% of the shareholdings. The takeover was made successful through arrangements made by an Indian local businessman who had substantial influence on the Indian government.

The company has four main functional units which each of it headed by a director namely, Sales and Marketing, Finance and Accounting, Production and Services and Human Resource Management. Each of the functional directors together with the chief executive officer...