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East West University
NAME                         ID

Md. Majharul Islam           2009-2-10-047
Md.Mushfiqul Haque Mukit     2010-2-18-010

Narina Ann Guda              2011-2-14-190




Subject: Organizational Behavior # 251
Sec: 01
Term paper topics: Practical Application of Organizational
Behavior in Mega Builders, a real estate company
Email: mukit.3star@gmail.com
+88 01670 25 64 84
Date of submission:
                  08 August, 2012
                    Submitted to:
                    Engr. Kamrul Hassan,
                    Assistant Professor
           Department of Business Administration
2
3
REPORT ON
REPORT ON
Practical Application of
Practical Application of
Organizational Behavior in Mega
Organizational Behavior in Mega
Builders, a real estate company…
Builders, a real estate company…
Date of submission: 08/08/2012
Date of submission: 08/08/2012
Submitted to:
Submitted to:
Engr. Kamrul Hassan,
Engr. Kamrul Hassan,
Assistant Professor
Assistant Professor
Department of Business Administration
Department of Business Administration
REPORT ON
To,
Kamrul Hasan
Assistant Professor,
Department of Business Administration
East West University


Subject: Submission of the Report On ‘Practical Application of Organizational
Behavior in Mega Builders.’



Dear Sir,

We are pleased to submit the report on “Practical Application of Organizational
behavior in Mega Builders.” which was assigned to us by you as a part of
“Organizational Behavior”.


We have take at most care to present this report and this report has been excellent
outlet for combining theoretical and practical aspect. We have visited a real estate
company named “Mega Builders” and collected information from these on the basis
of their organizational behavior perspective.


Since this report is our first endeavor on this topic, inspire of our best effort there
may be lacking a fault, we will be ready to accept any suggestion at any aspect of this
report.


We have a great interest on this report and we will be highly motivated if this report
meets your desired expectation. And we are always being ready to reply all inquires
that you may have regarding this report. Really we enjoyed your task heartily.


Yours sincerely

 Md. Majharul Islam                           2009-2-10-047
 Md.Mushfiqul Haque Mukit                     2010-2-18-010
 Narina Ann Guda                              2011-2-14-190




                                          4
ACKNOWLEDGEMENT


For the completion of this study we don’t deserve all praise. There were a lot of
people
Who also deserve the thanks for preparing this report?

We are grateful to Md. Hasan-Uz-Zaman, planning and development director of Mega
Builders. He helped a lot to collect required information from their company and
guided us and provided information for preparing this report.

We would like to thanks to our course teacher assistant professor, Kamrul Hasan ,
Who instruct us in the right way and give us proper guidelines for preparing this
report.




                                       5
EXECUTIVE SUMMARY



Mega builders are one of the leading reputed well-established large real estate
companies who handle its operation in effective way. Its Human Resource
Department is strong and support and coordinate other department.

The company is divided into some departments. These are ____

    I.   Architectural department
   II.   Engineering department
  III.   Marketing department
  IV.    Finance and accounts department
   V.    Logistics department
  VI.    Purchase department

They perform their works department wise.
Every department use computer, different software and IT.

The organization has many employees and they properly deal with their employees
to be successful one.




                                           6
Table of Content



Serial No.         Topics


1.0     Introduction

1.1     Origin of the report
1.2     Objectives of the report
1.3     Methodology
1.4     key part of the report
1.5     Limitation

2.0    Pristine view of Mega Builders

2.1     Company Profile
2.2     Services Include

3.0     Findings

3.1    What is organizational behavior?
3.2    Leadership models
3.3    Motivational Factors
3.4    Communication
3.5    Organizational culture
3.6    Participation process
3.7    Empowerment
3.8    Conflict
3.9    Power and politics
3.10   Change

4.0    Conclusion

4.1    Conclusion
4.2    Recommendation
4.3    Bibliography




                                          7
Chapter-01
Introduction
1.1 Origin of the report
This report is generated under assistant professor, Kamrul Hasan, Department of
Business Administration. This report is prepared as the requirement of
“Organizational Behavior course. The topic is “Practical application of organizational
behavior in “Mega Builders” by studying company’s actual norms, behaviors,
attitudes, communication system, culture and different problems and their
solutions.



1.2 Objectives of the report
Broad Objectives:
        The main objective of the study is to provide a overall view of the practical
application organizational behavior in Mega Builders.

Specific Objectives:
       Identify its____
   •    activities and operations
   •    culture,
   •    communication system,
   •    Problems and solutions.



Background Study:
Douglas McGregor, an American social psychologist, proposed his famous X-Y theory
in his 1960 book 'The Human Side of Enterprise'. Theory x and theory y are still
referred to commonly in the field of management and motivation, and whilst more
recent studies have questioned the rigidity of the model, McGregor’s X-Y Theory
remains a valid basic principle from which to develop positive management style
and techniques. McGregor's XY Theory remains central to organizational
development, and to improving organizational culture.




                                          8
Theory x ('authoritarian management' style)

*The average person dislikes work and will avoid it he/she can.
*Therefore most people must be forced with the threat of punishment to work
towards organizational objectives.
*The average person prefers to be directed; to avoid responsibility; is relatively not
ambitious, and wants security above all else.

Theory Y ('participative management' style)

*Effort in work is as natural as work and play.
People will apply self-control and self-direction in the pursuit of organizational
objectives, without external control or the threat of punishment.
*Commitment to objectives is a function of rewards associated with their
achievement.
*People usually accept and often seek responsibility.
*The capacity to use a high degree of imagination, ingenuity and creativity in solving
organizational problems is widely, not narrowly, distributed in the population.
*In industry the intellectual potential of the average person is only partly utilized.



1.3 Methodology
     •    The study is based on the ‘Mega Builders’ a real estate company.
     •    Data received from web, journal and company prospectus.
     •    Used Ms Word & Ms PowerPoint.

 •               Primary Information

         We visited the real estate company “Mega Builders” and collected information
         relevant to our study.

 • Secondary Information:

Mega builders publish a wide variety of materials for the benefit of existing and
potential customers. It includes press releases, release notes, articles etc. For the
study on mega builders we used data and information from those sources. We also
have gathered information from their website.




                                            9
1.4 What is Organizational Behavior?
Organizational behavior is the systematic study and careful application of
knowledge about how people – as individuals and as groups – act within
organizations.

On the other hand, OB is the study of what people think, feel, and do in and around
organizations.

Organizations:
Organizations are groups of people who work interdependently toward some
purpose.

Goals of organizational behavior
       -Describe: Systematically, how people behave under a variety of conditions.

       -Understand: Why people behave as they do?

      -Predict: predicting future employee behavior (Who would be dedicated and
productive or absent & tardy)

      -Control: Control and develop some human activity at work so that
employees performance can be improved.




1.5 Limitations of the study:
   •   Since there has been no specific automobile insurance company in our
       country, it was difficult to collect required information from general
       insurance companies.

   •   There is very little difference among these companies as they follow the same
       rules regarding automobile insurance.

   •   Sometimes they are not interested to reveal confidential information about
       their company

   •   Time was comparatively short.



1.6 Report Preview


                                         10
The main view of the report is to show how the Mega Builders operates, its policies,
cultures, conditions and services to the customer.



Chapter-02

Pristine view of ‘Mega Builders’

2.1 Company Profile:
“Mega builders” is a real estate company that serves the people by providing
housing facilities.

Mega builders:

Mega builders one of the reputed and largest real estate companies in Bangladesh
embarked upon its journey since 1998 with the first project under the name of
“Mega Chayaneer” at bananas. The company then gain ground and became very well
known in real estate sector.

 From the very beginning Mr. Murad Iqbal Chowdhury the founder of the company
took over the reins of the company and since then there has been no looking back. In
time with the active support of the other helping hands, the company has
progressed rapidly adding new projects at a very rapid pace and the company
became financially very healthy by this time.

      Now, the company has many projects at different places in Dhaka city. They
have projects at Dhanmondi, Gulshan, Gulshan Niketon, Banani, Uttara, Kalabagan,
Green road, rawer bazaar and many other locations.

    The company has also projects in Chittagong and Sylhet.

Some of their handed over projects are given below…

Project name                            location

Mega Prangon                           Dhanmondi R/A

Mega Chicanery                         Babani

Mega Rangon                            Dhanmondi R/A

Mega Lake Breeze                       Gulshan

Mega Angon                             Dhanmondi R/A



                                        11
Some of their on going projects are given below…

Name                                 location
Mega Harbor                          Mirpur

Mega Aminus villa                    Mirpur

Mega Sunflower                      Kallyanpur

Mega Sandalwood                     Dhanmondi


 Some of their upcoming projects are going to be established at dhanmondi, gulshan,
kalabagan, wari , bashundhara, baily road, green road, mohammadpur, pallabi, banani,
paikpara, badda, and shymoli.




2.2 Services Include:

    •   Advertisements, Publicity and Sales Promotion.
    •   Sales and Customers handling.
    •   Documentation and Legal matters etc.
    •   Architectural Plans, Structural Plans, Soil-Testing.
    •   Sanitary & Electrical Drawings.
    •   Site Mobilization.
    •   Materials Procurements, Labor Contacts.
    •   Work Supervision of all Civil Works including Super Structure and Finishing
        work.
    •   Arrangements of installation of Lifts, Generator, Intercom.
    •   Electrical & Sanitary works.
    •   Engineering supervision and quality control.
    •   Obtaining permission and connection from TITAS, DESA, and WASA etc.
    •   Apartment handing over and Transfer formalities.
.




                                         12
Chapter 3
       Findings &Analysis



                                                               Withdraws




                                                                                                                                            High
       3.1 Practical Application of Organizational




                                                                                                          Area of employee participation
       Behavior in Mega Builders




                                                                                                                in decision making
       Leadership Model:
                                           Joins




       Mega Builders uses different types of leadership style in different situations. Their
       leadership system include_____

       Consultative suggestion system, in which the managers seeks ideas from the employees
       before taking decisions.




                                                                                                                                            Medium
       Benevolent Autocratic system, in which manager present decision subject to change; seeks
       Ideas; sells decision.
                                                                                Consults




       Participative committees, Such as Quality circles I which manager asks group for
       recommended action before deciding.
                                      Area of authority applied by manager




                                                                                               Sells




  Amount of                                                                                m
                                                                                           o
                                                                                           d
 Participation
                                                                                           e
                                                                                           e
                                                                                           r
                                                                                           f
                                                                                                       Manager asks
                                                                                                                                           Low




                   Manager Manager present                                    Manager                                                        Manager         Manager
                                                                                                         Group for                          Decides with    Asks group
                                                                                                                   Tells




Description       Makes and Decision subject                                 Seeks ideas
                                                                                           b
Of typical
                                                                                           o           Recommended                            Group;        To decide
                  Announces To change; seeks                                   Before
  Action
                                                                                           j           Action before                        “One person
                   Decision    Ideas; sells                                   Deciding
                                                                                                         Deciding                            One vote”
                                Decision                                                   f
                                                                                           o

                                                                                           a
                                                                                           e
                                                                                           r
                                                                                           a

                                                                                           l
                                                                                           a
                                                                                           t           Participative                       Democratic         Consensus
Popular                                                                      Consultative              committees,
                                 Benevolent                                                                                                Management
                                                                                           o
                  Autocratic                                                                                                                                  Decision
 Terms                                                                       Management;   T
                                                                                                         Such as
                 Management      Autocracy                                                                                                                    Making,
                                                                              Suggestion
                                                                                 13                      Quality
                                                                                system                                                                     Self-managing
                                                                                                          circles                                               Teams
                                                                                                                                                           empowerment
Motivational factor:


Motivational factors are used to increase the productivity and participation of the
employee so that organization can easily achieve their goals and objectives.

Mega builders use different motivational factors to encourage their employees so that
they exert their highest effort to fulfill the organizational goal. Their main motivational
factors include

   •   At least two Bonus
   •   Commission on performance
   •   Portion of profit
   •   Appreciation for good performance
   •   Proper training for employees
   •   Proper salary
   •   Mutual respect etc.

            Portion of profit differ from position to position.




 Communication system:
 One of the very important factors, on which the success of a organization depends
largely. If an organization fails to ensure appropriate communication system , it will
never be successful. A proper communication system from the lower to upper and upper
to lower is very essential to be successful.

Communication is the transfer of information and understanding from one person to
another person. It is a way of reaching others by transmitting ideas, facts, thoughts,
feelings and values. Its goal is to have the receiver understanding the message as it was
intended.




                                             14
Two way communication
It is the method by which a sender reaches a receiver with a message. It usually requires 8
steps, whether the two parties talk, use hand signals, or employ some advanced
technology means of communication.


The steps are following_____

      Develop an idea
      Encode
      Framing
      Transmit
      Receive
      Decode
      Accept
      Provide feedback.



Like most companies Mega Builders has also a very nice and well organized
communication system.

They have given their employees a greater autonomy to give and receive each and every
information to the authority and from the authority.


All vital issues related to management and organization is properly communicated to the
employee.

They arrange a general meeting each year and all employees from lower level to higher
level has the equal right to participate in it. They all have the right to ask any relevant
question to the top management.




                                             15
3.2 Detailed Study of an OB Topic




                   16
Organizational culture:
Organizational culture is a set of assumptions, beliefs, values, and norms that are shared
by organization members. It represents a key element of the work environment in which
employees perform their jobs.

Importance of organizational culture:

Organizational culture is important____

    To achieve the firm’s goals.

    To give organizational identity to their employees.

    It’s an important source of stability and continuity to the organization.

    Help new employees to adjust easily.



Characteristics of cultures:


            Distinctive

            Stable

            Implicit

            Symbolic

            No one type is best

            Integrated

            Accepted

            A reflection of top management

            Subculture

            Of varying strength




Organizational culture of Mega Builders:



                                            17
The internal culture of mega builder’s is flexible for the employees. We learn a sentence
from a great person……..

“I behave with you like a friend but remember that I am not your friend”. The culture of
Mega builder’s too much related this sentence. For achieving the organizational goal the
communication upward to downward, like friendly. They give all the facilities to their
employee but employees must work to archive the organizational goal.




                                           18
Participation process of mega builders:

What is participation?

Participation is the mental and emotional involvement of people in group situations that
encourages them to contribute to group goals and share responsibility for them.

This definition entails three important ideas-

           •   Involvement
           •   Contribution and
           •   Responsibility


Participation means meaningful involvement rather than mere muscular activity. It
motivates people to contribute and show their creativity to achieve the organizational
goals.
Participation encourages people to accept responsibility to their group activities.




Why are participations popular?

                         Participation tends to improve performance and job
                          satisfaction.

                         Increase the productivity of firm’s

                         Provide power opportunities earlier to minority workers in an
                            increasingly diverse workforce.




Mega Builders is very much concerned about their employee participation. They always
want to ensure greater participation of their employees to fulfill the organizational goals.
They attempt to take different measures to increase greater participation of the
employees. These include_____

   •   Motivational factors
   •   Employees have right to participate in the annual general meeting of the company.
   •   They have the right to express their opinions in AGM.
   •   Employees’ personal issues are also considered that affect the performance
       greatly.




                                             19
•  Example:
     Once the absenteeism of one employee increased, close inspection shows he was
  very much depressed due to the death of his wife. In this case, the organization
  suggests him to rent a house near the office and take a leave for some days.




Participation Process:




                  Situation
                                                              Outcomes

                                                             Organizations:
                                                              Higher output
                                                              Better quality
                              Involvement                      Creativity
 Participative                Mental                           Innovation
   Program                    Emotional
                                                               Employees:
                                                               Acceptance
                                                               Self-efficacy
                                                                Less stress
                                                               Satisfaction




                                       20
Empowerment:
Empowerment can be defined as the degree to which the employees of the organization
are given power to take decision by themselves. Or to what extent power is given to the
employee.




Mega builders provide the employee enough power to participate in the annual general
meeting. The opinion of the employees are taken cordially and these are considered as
very important factor when take the final decision.


Employee emotions and values are given priority to a greater extent here. Their opinions
are given priority here. As it is private limited company, ownership is much more
important here and most of the decisions are made by the top level management.

Specially, important decisions regarding the management of the company are taken by the
top management.




Conflict
Conflict arises from disagreement over the goals to attain or the methods used to
accomplish these goals.

Conflict also arises due to task independence, ambiguity of roles, policies and roles,
personality differences, ineffective communication, competition over scarce resources,
personal stress and differences in attitudes, beliefs and experiences.

Conflicts are also seen in Mega Builders like other organizations. They handle it very
wisely.

If there is any conflict within a department, the department head try to solve it. If he fails
to solve it by himself, he informs it to the top management to solve.

But when there is any conflict in the top management, it becomes very serious a harmful
as well for the organization. Usually this situation doesn’t appear. But if really there is
any situation, the authorities first try their best to identify the actual problem and try to
solve it. But if they fail, they have to fire one of the employees to control the situation.




                                              21
Conflict can both be constructive or destructive

Conflict is often seen as a destructive phenomenon, but it is a limited view. In fact, if all
conflict with co workers is avoided, each party is likely to deprive useful information
about other’s preference and views. Conflict is not all bad; rather it may result in either
productive or non productive outcomes. A more positive view, then , is to see that conflict
is nearly inevitable and to search for ways in which it can be result in constructive
outcomes.


Some benefits of conflicts are following…..

     People search for new ways to reduce conflict in future which increase their
       innovative power.
     It helps them to experiment new ideas.
     Hidden problems are brought to surface by it, so that can be further solved.
Once the conflict is solved, people become more committed towards their work, so that
no conflict arises in future.



Some disadvantages are also prevailed. These are given bellow………

      If it becomes too long, it may focus on personal issue.
      At professional level the team work or cooperation may deteriorate.
      It can raise personal stress level by declining one’s image to others.
      Motivation level of employee can be reduced.




Organizational Power and politics:
Power is the ability to influence other people and events. It’s the leader’s stock-in-trade,
the way that leaders extend their influence to others.
Organizational politics refers to intentional behaviors that are used to enhance or protect a
person’s influence and self interest while also inspiring confidence and trust by others.

In mega builders internally there is no direct influence of employee power and politics but
power and politics are inter-related.




                                             22
Change:
In case of any type of change in the organization, the employees are properly informed.
They are properly handled to cope with the changing environment.

   •   Employees are informed before implementing the change.
   •   Their opinions about the change are also taken.
   •   These are considered properly before implementing change.
   •   Employees are well trained to cope with the new change in the organization.



In case turnover,
From the perspective of employee:

They must inform the authority at least 3 months before changing the job. Otherwise they
will cut of their 1 month salary.


From the perspective of employer:

Before firing any employee, authority must inform the employees before 3 months.




                                           23
Chapter 04

Conclusion, Recommendation And
Bibliography

4.1 Conclusion
 Organizational Behavior is a pervasive subject, which include most of the organizational
Issues. This include ----

   •   human behavior and their interaction in group and individually
   •   organizational structure
   •   cultures
   •   interaction system
   •   leadership style
   •   potential problems and their solution
   •   employee stress
   •   Participation and so on.

We have mainly shown here the actual application of the above mentioned factors in a
renowned real estate company “Mega Builders”.


4.2 Recommendation
   Mega Builders should more actively find problems faced by their employees in the
   workplace and take corrective measures to solve them as soon as possible to be a
   successful one in the real estate business. They should be more concern about
   employee performance and attainment of organizational goals.



4.3 Bibliography
   The Study is based on the following resources:
   Organizational Behavior by John W Newstrom
   Web Sources
   Company journal




                                           24

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Organizational Behavior term paper report By Mushfiqul Haque Mukit ewu

  • 1. East West University NAME ID Md. Majharul Islam 2009-2-10-047 Md.Mushfiqul Haque Mukit 2010-2-18-010 Narina Ann Guda 2011-2-14-190 Subject: Organizational Behavior # 251 Sec: 01 Term paper topics: Practical Application of Organizational Behavior in Mega Builders, a real estate company Email: mukit.3star@gmail.com +88 01670 25 64 84 Date of submission: 08 August, 2012 Submitted to: Engr. Kamrul Hassan, Assistant Professor Department of Business Administration
  • 2. 2
  • 3. 3 REPORT ON REPORT ON Practical Application of Practical Application of Organizational Behavior in Mega Organizational Behavior in Mega Builders, a real estate company… Builders, a real estate company… Date of submission: 08/08/2012 Date of submission: 08/08/2012 Submitted to: Submitted to: Engr. Kamrul Hassan, Engr. Kamrul Hassan, Assistant Professor Assistant Professor Department of Business Administration Department of Business Administration
  • 4. REPORT ON To, Kamrul Hasan Assistant Professor, Department of Business Administration East West University Subject: Submission of the Report On ‘Practical Application of Organizational Behavior in Mega Builders.’ Dear Sir, We are pleased to submit the report on “Practical Application of Organizational behavior in Mega Builders.” which was assigned to us by you as a part of “Organizational Behavior”. We have take at most care to present this report and this report has been excellent outlet for combining theoretical and practical aspect. We have visited a real estate company named “Mega Builders” and collected information from these on the basis of their organizational behavior perspective. Since this report is our first endeavor on this topic, inspire of our best effort there may be lacking a fault, we will be ready to accept any suggestion at any aspect of this report. We have a great interest on this report and we will be highly motivated if this report meets your desired expectation. And we are always being ready to reply all inquires that you may have regarding this report. Really we enjoyed your task heartily. Yours sincerely Md. Majharul Islam 2009-2-10-047 Md.Mushfiqul Haque Mukit 2010-2-18-010 Narina Ann Guda 2011-2-14-190 4
  • 5. ACKNOWLEDGEMENT For the completion of this study we don’t deserve all praise. There were a lot of people Who also deserve the thanks for preparing this report? We are grateful to Md. Hasan-Uz-Zaman, planning and development director of Mega Builders. He helped a lot to collect required information from their company and guided us and provided information for preparing this report. We would like to thanks to our course teacher assistant professor, Kamrul Hasan , Who instruct us in the right way and give us proper guidelines for preparing this report. 5
  • 6. EXECUTIVE SUMMARY Mega builders are one of the leading reputed well-established large real estate companies who handle its operation in effective way. Its Human Resource Department is strong and support and coordinate other department. The company is divided into some departments. These are ____ I. Architectural department II. Engineering department III. Marketing department IV. Finance and accounts department V. Logistics department VI. Purchase department They perform their works department wise. Every department use computer, different software and IT. The organization has many employees and they properly deal with their employees to be successful one. 6
  • 7. Table of Content Serial No. Topics 1.0 Introduction 1.1 Origin of the report 1.2 Objectives of the report 1.3 Methodology 1.4 key part of the report 1.5 Limitation 2.0 Pristine view of Mega Builders 2.1 Company Profile 2.2 Services Include 3.0 Findings 3.1 What is organizational behavior? 3.2 Leadership models 3.3 Motivational Factors 3.4 Communication 3.5 Organizational culture 3.6 Participation process 3.7 Empowerment 3.8 Conflict 3.9 Power and politics 3.10 Change 4.0 Conclusion 4.1 Conclusion 4.2 Recommendation 4.3 Bibliography 7
  • 8. Chapter-01 Introduction 1.1 Origin of the report This report is generated under assistant professor, Kamrul Hasan, Department of Business Administration. This report is prepared as the requirement of “Organizational Behavior course. The topic is “Practical application of organizational behavior in “Mega Builders” by studying company’s actual norms, behaviors, attitudes, communication system, culture and different problems and their solutions. 1.2 Objectives of the report Broad Objectives: The main objective of the study is to provide a overall view of the practical application organizational behavior in Mega Builders. Specific Objectives: Identify its____ • activities and operations • culture, • communication system, • Problems and solutions. Background Study: Douglas McGregor, an American social psychologist, proposed his famous X-Y theory in his 1960 book 'The Human Side of Enterprise'. Theory x and theory y are still referred to commonly in the field of management and motivation, and whilst more recent studies have questioned the rigidity of the model, McGregor’s X-Y Theory remains a valid basic principle from which to develop positive management style and techniques. McGregor's XY Theory remains central to organizational development, and to improving organizational culture. 8
  • 9. Theory x ('authoritarian management' style) *The average person dislikes work and will avoid it he/she can. *Therefore most people must be forced with the threat of punishment to work towards organizational objectives. *The average person prefers to be directed; to avoid responsibility; is relatively not ambitious, and wants security above all else. Theory Y ('participative management' style) *Effort in work is as natural as work and play. People will apply self-control and self-direction in the pursuit of organizational objectives, without external control or the threat of punishment. *Commitment to objectives is a function of rewards associated with their achievement. *People usually accept and often seek responsibility. *The capacity to use a high degree of imagination, ingenuity and creativity in solving organizational problems is widely, not narrowly, distributed in the population. *In industry the intellectual potential of the average person is only partly utilized. 1.3 Methodology • The study is based on the ‘Mega Builders’ a real estate company. • Data received from web, journal and company prospectus. • Used Ms Word & Ms PowerPoint. • Primary Information We visited the real estate company “Mega Builders” and collected information relevant to our study. • Secondary Information: Mega builders publish a wide variety of materials for the benefit of existing and potential customers. It includes press releases, release notes, articles etc. For the study on mega builders we used data and information from those sources. We also have gathered information from their website. 9
  • 10. 1.4 What is Organizational Behavior? Organizational behavior is the systematic study and careful application of knowledge about how people – as individuals and as groups – act within organizations. On the other hand, OB is the study of what people think, feel, and do in and around organizations. Organizations: Organizations are groups of people who work interdependently toward some purpose. Goals of organizational behavior -Describe: Systematically, how people behave under a variety of conditions. -Understand: Why people behave as they do? -Predict: predicting future employee behavior (Who would be dedicated and productive or absent & tardy) -Control: Control and develop some human activity at work so that employees performance can be improved. 1.5 Limitations of the study: • Since there has been no specific automobile insurance company in our country, it was difficult to collect required information from general insurance companies. • There is very little difference among these companies as they follow the same rules regarding automobile insurance. • Sometimes they are not interested to reveal confidential information about their company • Time was comparatively short. 1.6 Report Preview 10
  • 11. The main view of the report is to show how the Mega Builders operates, its policies, cultures, conditions and services to the customer. Chapter-02 Pristine view of ‘Mega Builders’ 2.1 Company Profile: “Mega builders” is a real estate company that serves the people by providing housing facilities. Mega builders: Mega builders one of the reputed and largest real estate companies in Bangladesh embarked upon its journey since 1998 with the first project under the name of “Mega Chayaneer” at bananas. The company then gain ground and became very well known in real estate sector. From the very beginning Mr. Murad Iqbal Chowdhury the founder of the company took over the reins of the company and since then there has been no looking back. In time with the active support of the other helping hands, the company has progressed rapidly adding new projects at a very rapid pace and the company became financially very healthy by this time. Now, the company has many projects at different places in Dhaka city. They have projects at Dhanmondi, Gulshan, Gulshan Niketon, Banani, Uttara, Kalabagan, Green road, rawer bazaar and many other locations. The company has also projects in Chittagong and Sylhet. Some of their handed over projects are given below… Project name location Mega Prangon Dhanmondi R/A Mega Chicanery Babani Mega Rangon Dhanmondi R/A Mega Lake Breeze Gulshan Mega Angon Dhanmondi R/A 11
  • 12. Some of their on going projects are given below… Name location Mega Harbor Mirpur Mega Aminus villa Mirpur Mega Sunflower Kallyanpur Mega Sandalwood Dhanmondi Some of their upcoming projects are going to be established at dhanmondi, gulshan, kalabagan, wari , bashundhara, baily road, green road, mohammadpur, pallabi, banani, paikpara, badda, and shymoli. 2.2 Services Include: • Advertisements, Publicity and Sales Promotion. • Sales and Customers handling. • Documentation and Legal matters etc. • Architectural Plans, Structural Plans, Soil-Testing. • Sanitary & Electrical Drawings. • Site Mobilization. • Materials Procurements, Labor Contacts. • Work Supervision of all Civil Works including Super Structure and Finishing work. • Arrangements of installation of Lifts, Generator, Intercom. • Electrical & Sanitary works. • Engineering supervision and quality control. • Obtaining permission and connection from TITAS, DESA, and WASA etc. • Apartment handing over and Transfer formalities. . 12
  • 13. Chapter 3 Findings &Analysis Withdraws High 3.1 Practical Application of Organizational Area of employee participation Behavior in Mega Builders in decision making Leadership Model: Joins Mega Builders uses different types of leadership style in different situations. Their leadership system include_____ Consultative suggestion system, in which the managers seeks ideas from the employees before taking decisions. Medium Benevolent Autocratic system, in which manager present decision subject to change; seeks Ideas; sells decision. Consults Participative committees, Such as Quality circles I which manager asks group for recommended action before deciding. Area of authority applied by manager Sells Amount of m o d Participation e e r f Manager asks Low Manager Manager present Manager Manager Manager Group for Decides with Asks group Tells Description Makes and Decision subject Seeks ideas b Of typical o Recommended Group; To decide Announces To change; seeks Before Action j Action before “One person Decision Ideas; sells Deciding Deciding One vote” Decision f o a e r a l a t Participative Democratic Consensus Popular Consultative committees, Benevolent Management o Autocratic Decision Terms Management; T Such as Management Autocracy Making, Suggestion 13 Quality system Self-managing circles Teams empowerment
  • 14. Motivational factor: Motivational factors are used to increase the productivity and participation of the employee so that organization can easily achieve their goals and objectives. Mega builders use different motivational factors to encourage their employees so that they exert their highest effort to fulfill the organizational goal. Their main motivational factors include • At least two Bonus • Commission on performance • Portion of profit • Appreciation for good performance • Proper training for employees • Proper salary • Mutual respect etc.  Portion of profit differ from position to position. Communication system: One of the very important factors, on which the success of a organization depends largely. If an organization fails to ensure appropriate communication system , it will never be successful. A proper communication system from the lower to upper and upper to lower is very essential to be successful. Communication is the transfer of information and understanding from one person to another person. It is a way of reaching others by transmitting ideas, facts, thoughts, feelings and values. Its goal is to have the receiver understanding the message as it was intended. 14
  • 15. Two way communication It is the method by which a sender reaches a receiver with a message. It usually requires 8 steps, whether the two parties talk, use hand signals, or employ some advanced technology means of communication. The steps are following_____  Develop an idea  Encode  Framing  Transmit  Receive  Decode  Accept  Provide feedback. Like most companies Mega Builders has also a very nice and well organized communication system. They have given their employees a greater autonomy to give and receive each and every information to the authority and from the authority. All vital issues related to management and organization is properly communicated to the employee. They arrange a general meeting each year and all employees from lower level to higher level has the equal right to participate in it. They all have the right to ask any relevant question to the top management. 15
  • 16. 3.2 Detailed Study of an OB Topic 16
  • 17. Organizational culture: Organizational culture is a set of assumptions, beliefs, values, and norms that are shared by organization members. It represents a key element of the work environment in which employees perform their jobs. Importance of organizational culture: Organizational culture is important____  To achieve the firm’s goals.  To give organizational identity to their employees.  It’s an important source of stability and continuity to the organization.  Help new employees to adjust easily. Characteristics of cultures:  Distinctive  Stable  Implicit  Symbolic  No one type is best  Integrated  Accepted  A reflection of top management  Subculture  Of varying strength Organizational culture of Mega Builders: 17
  • 18. The internal culture of mega builder’s is flexible for the employees. We learn a sentence from a great person…….. “I behave with you like a friend but remember that I am not your friend”. The culture of Mega builder’s too much related this sentence. For achieving the organizational goal the communication upward to downward, like friendly. They give all the facilities to their employee but employees must work to archive the organizational goal. 18
  • 19. Participation process of mega builders: What is participation? Participation is the mental and emotional involvement of people in group situations that encourages them to contribute to group goals and share responsibility for them. This definition entails three important ideas- • Involvement • Contribution and • Responsibility Participation means meaningful involvement rather than mere muscular activity. It motivates people to contribute and show their creativity to achieve the organizational goals. Participation encourages people to accept responsibility to their group activities. Why are participations popular?  Participation tends to improve performance and job satisfaction.  Increase the productivity of firm’s  Provide power opportunities earlier to minority workers in an increasingly diverse workforce. Mega Builders is very much concerned about their employee participation. They always want to ensure greater participation of their employees to fulfill the organizational goals. They attempt to take different measures to increase greater participation of the employees. These include_____ • Motivational factors • Employees have right to participate in the annual general meeting of the company. • They have the right to express their opinions in AGM. • Employees’ personal issues are also considered that affect the performance greatly. 19
  • 20. • Example: Once the absenteeism of one employee increased, close inspection shows he was very much depressed due to the death of his wife. In this case, the organization suggests him to rent a house near the office and take a leave for some days. Participation Process: Situation Outcomes Organizations: Higher output Better quality Involvement Creativity Participative Mental Innovation Program Emotional Employees: Acceptance Self-efficacy Less stress Satisfaction 20
  • 21. Empowerment: Empowerment can be defined as the degree to which the employees of the organization are given power to take decision by themselves. Or to what extent power is given to the employee. Mega builders provide the employee enough power to participate in the annual general meeting. The opinion of the employees are taken cordially and these are considered as very important factor when take the final decision. Employee emotions and values are given priority to a greater extent here. Their opinions are given priority here. As it is private limited company, ownership is much more important here and most of the decisions are made by the top level management. Specially, important decisions regarding the management of the company are taken by the top management. Conflict Conflict arises from disagreement over the goals to attain or the methods used to accomplish these goals. Conflict also arises due to task independence, ambiguity of roles, policies and roles, personality differences, ineffective communication, competition over scarce resources, personal stress and differences in attitudes, beliefs and experiences. Conflicts are also seen in Mega Builders like other organizations. They handle it very wisely. If there is any conflict within a department, the department head try to solve it. If he fails to solve it by himself, he informs it to the top management to solve. But when there is any conflict in the top management, it becomes very serious a harmful as well for the organization. Usually this situation doesn’t appear. But if really there is any situation, the authorities first try their best to identify the actual problem and try to solve it. But if they fail, they have to fire one of the employees to control the situation. 21
  • 22. Conflict can both be constructive or destructive Conflict is often seen as a destructive phenomenon, but it is a limited view. In fact, if all conflict with co workers is avoided, each party is likely to deprive useful information about other’s preference and views. Conflict is not all bad; rather it may result in either productive or non productive outcomes. A more positive view, then , is to see that conflict is nearly inevitable and to search for ways in which it can be result in constructive outcomes. Some benefits of conflicts are following…..  People search for new ways to reduce conflict in future which increase their innovative power.  It helps them to experiment new ideas.  Hidden problems are brought to surface by it, so that can be further solved. Once the conflict is solved, people become more committed towards their work, so that no conflict arises in future. Some disadvantages are also prevailed. These are given bellow………  If it becomes too long, it may focus on personal issue.  At professional level the team work or cooperation may deteriorate.  It can raise personal stress level by declining one’s image to others.  Motivation level of employee can be reduced. Organizational Power and politics: Power is the ability to influence other people and events. It’s the leader’s stock-in-trade, the way that leaders extend their influence to others. Organizational politics refers to intentional behaviors that are used to enhance or protect a person’s influence and self interest while also inspiring confidence and trust by others. In mega builders internally there is no direct influence of employee power and politics but power and politics are inter-related. 22
  • 23. Change: In case of any type of change in the organization, the employees are properly informed. They are properly handled to cope with the changing environment. • Employees are informed before implementing the change. • Their opinions about the change are also taken. • These are considered properly before implementing change. • Employees are well trained to cope with the new change in the organization. In case turnover, From the perspective of employee: They must inform the authority at least 3 months before changing the job. Otherwise they will cut of their 1 month salary. From the perspective of employer: Before firing any employee, authority must inform the employees before 3 months. 23
  • 24. Chapter 04 Conclusion, Recommendation And Bibliography 4.1 Conclusion Organizational Behavior is a pervasive subject, which include most of the organizational Issues. This include ---- • human behavior and their interaction in group and individually • organizational structure • cultures • interaction system • leadership style • potential problems and their solution • employee stress • Participation and so on. We have mainly shown here the actual application of the above mentioned factors in a renowned real estate company “Mega Builders”. 4.2 Recommendation Mega Builders should more actively find problems faced by their employees in the workplace and take corrective measures to solve them as soon as possible to be a successful one in the real estate business. They should be more concern about employee performance and attainment of organizational goals. 4.3 Bibliography The Study is based on the following resources: Organizational Behavior by John W Newstrom Web Sources Company journal 24