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Introduction to the Vinamilk organisation management

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Added on  2022-05-31

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Vietnamese dairy company Vinamilk is the largest in Vietnam. According to the UNDP's 2007 Top 200 biggest firms in Vietnam survey, it is also the 15th largest business in Vietnam. Among Vinamilk's main products are yogurt, ice cream, cheese, fruit juice, coffee, and other milk-based products. 

Introduction to the Vinamilk organisation management

   Added on 2022-05-31

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1.Introduction to the Vinamilk organisation management
structure.
Vinamilk is Vietnam's largest dairy company. It is also the 15th largest business in Vietnam,
according to the UNDP's 2007 Top 200 largest firms in Vietnam survey. Condensed milk,
powdered milk, fresh milk, soya milk, yogurts, ice cream, cheese, fruit juice, coffee, and other
milk-based goods are among Vinamilk's core operations. According to Euromonitor, Vinamilk
was the leading dairy producer in Vietnam for the three years ending December 31, 2007. The
majority of the Company's goods are sold under the "Vinamilk" brand, which was named a
"Famous Brand" and one of the 100 most powerful brands by the Ministry of Industry and Trade
in 2006. From 1995 through 2007, Vinamilk was selected in the "Top 10 High Quality
Introduction to the Vinamilk organisation management_1
Vietnamese Goods" category (Vinamilk, 2021).
Vinamilk's consistent and stable growth over the past 40 years has been the result of the
dedication and contributions of all employees, as well as the excellent leadership and guidance of
our key staff, who are not only talented, but also wholeheartedly committed to the company's
success.
According to Figure 1, Vinamilk also shows that this is an organization with strong association
and development of management structure. Board of Directors includes: Chairwomen
Independent BOD, Executive BOD, Non- Executive BOD, Independent BOD. They composed
Introduction to the Vinamilk organisation management_2
of members who are both internal and external to the organization and that represent
shareholders. The board of directors is a national government that meets on a regular basis to
establish policies for corporate monitoring and administration.
Executive BOD member and Chief Executive Officer is a person whose primary duties include
making major corporate decisions, managing a company's strategic and operational decisions,
serving as the primary point of communication between the board of directors (the board) and
business operations, and representing the company in public.
Board of management (BOM) is the person who performs the direct management of the
company. This Board has CEO as the highest executive, specialized fields with CIO (information
technology), CFO (finance), COO (operation)... Considering the legal definition of Vietnam, the
BOD must be understand equally the role of the board of directors, while the BOM has the role
of the board of directors.
2.Overview of management
2.1. Definitions of management
Management is described as the act of organizing and coordinating all of an organization's
operations in order to accomplish the leadership's priorities, priorities, purpose, and vision within
a specified time frame. It is assured that an organization's resources are operated in a highly
productive way, and is accomplished by concentrating on tangible and intangible resources and
their contributions to the organization's efficiency and results (Wood, 2000).
As (Human Resources Management, 2002), Management is the method of communicating with
an organization's human resources and using the physical resources available to a manager in
order to achieve desirable goals and objectives in a timely and productive manner.
From 2 definition above, Management adding values by:
• Obtaining resources and use them efficiently
• Developing competencies for employees
Introduction to the Vinamilk organisation management_3
• Transforming resources to good products and services that customers like
2.2.Roles of managers
Management expert and professor Mintzberg (1973) recognized and he argued that there are 10
primary roles divided in to 3 groups: interpersonal, informational, and decisional groups as
the tabble below:
Introduction to the Vinamilk organisation management_4
Introduction to the Vinamilk organisation management_5
However, there are 2 added roles to Mintzberg roles: subordinate role and worker role as table
below:
Moreover, accorrding to Luthans, 1988, he added Netwworking role which is maintain
relationship with outsiders:
Introduction to the Vinamilk organisation management_6

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