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    BHEL OST - Executive Summary

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    KSHITIZ CHOUDHARY
    The document discusses an organizational structure training course undertaken by a student at Bharat Heavy Electricals Ltd. It provides details about BHEL, including that it aims to become a future-ready global engineering organization by addressing challenges like declining markets and new technologies. It also notes that BHEL has partnerships and plays a key role in India's power and infrastructure sectors.

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    BHEL OST - Executive Summary

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    KSHITIZ CHOUDHARY
    264 views3 pages
    The document discusses an organizational structure training course undertaken by a student at Bharat Heavy Electricals Ltd. It provides details about BHEL, including that it aims to become a future-ready global engineering organization by addressing challenges like declining markets and new technologies. It also notes that BHEL has partnerships and plays a key role in India's power and infrastructure sectors.

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    OST training summary

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    BHEL OST - executive summary

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    The document discusses an organizational structure training course undertaken by a student at Bharat Heavy Electricals Ltd. It provides details about BHEL, including that it aims to become a future-ready global engineering organization by addressing challenges like declining markets and new technologies. It also notes that BHEL has partnerships and plays a key role in India's power and infrastructure sectors.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    264 views3 pages

    BHEL OST - Executive Summary

    Uploaded by

    KSHITIZ CHOUDHARY
    The document discusses an organizational structure training course undertaken by a student at Bharat Heavy Electricals Ltd. It provides details about BHEL, including that it aims to become a future-ready global engineering organization by addressing challenges like declining markets and new technologies. It also notes that BHEL has partnerships and plays a key role in India's power and infrastructure sectors.

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    © All Rights Reserved
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    Organisational Structure Training

    Executive Summary

    Organisation : BHARAT HEAVY ELECTRICALS LTD. (BHEL)


    Student Name : KSHITIZ CHOUDHARY
    Register Number : 20121114
    Academic Mentor: PROF. AMBUJ GUPTA
    The OST course is undertaken by as a self-study project. The project is carried out before
    joining the MBA program. To familiarize the students joining the MBA program with the
    essentials of how a business establishment functions.
    ● Help students gain insight into how business organizations function
    ● And coordinate their activities to achieve business goals
    BHEL
    Bharat Heavy Electricals Limited has declared 2020 as ‘The Year of Transformation’ with
    the objective of putting the company on the path to becoming a 'Future-Ready Global
    Engineering Organisation.' Towards this end, it has kicked off a multi-dimensional
    transformational strategy to address the multiple business challenges it currently faces -
    including the decline in its traditional market for thermal power equipment, disruptive
    technology developments and increasingly stringent customer requirements.
    With this, the company aims to turn the current challenges into opportunities for the future. In
    its over the five-decade journey.
    BHEL has been a key contributor to India’s industrial development. Presently, more than
    50% of the electricity generated in the country comes from BHEL manufactured power
    generation equipment (including Thermal, Hydro, Nuclear & Gas based generation). The
    company has also played a critical role in core sectors such as Defence, Aerospace,
    Transportation, etc.
    BHEL has kicked off a transformational strategy to address multiple business challenges
    including decline in its traditional market for thermal power equipment, disruptive
    technology developments and increasingly stringent customer requirements.
    BHEL also has ongoing technology partnerships with some of the major global
    manufacturing and engineering companies as well as relationships with leading national
    laboratories and institutions.
    With power demand slowing down, BHEL wants to utilise the opportunity emerging from the
    coronavirus aftermath, where global firms are looking to decentralise operations to reduce
    risk and reduce cost.

    In the end of this summary , I want to conclude that BHEL has to tap the Atmanirbhar
    Bharat initiative of Prime Minister Shri Narendra Modi in the area of Defence and
    Infrastructure where lies a huge potential as it is such a sector where BHEL has been a
    major key player in past and have to become one of the future along with the
    cooperation of Defence sector company such as BEML, BEL, Bharat Dynamics Ltd.,
    L&T and for infrastructure and power with NTPC, NHPC,Tata Power and Adani
    Power etc where the government is pushing heavy investment and FDIs are looking to
    invest in MAKE IN INDIA which is lead by our PM Shri Narendra Modi

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