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A case study on Parle Agro
Parle Agro is a leading Indian food and beverage company founded in 1984 that owns popular brands like Frooti, Appy, Hippo, and Bailey. The company has grown significantly from Rs. 250 crore 10 years ago to Rs. 1,500 crore currently. Parle Agro's success is attributed to continuous innovation in launching India's first products in various categories, aggressive business goals, and a focus on quality and customer satisfaction. The company follows a functional organizational structure and autocratic leadership style to achieve its vision of being the leader in its business.
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A case study on Parle Agro
- 1. Presented by: AKASH.K KEVIN JOHN MYTHREYEE.B GITAMINSTITUTE OF MANAGEMENT, VIZAG.
- 2. HISTORY OF COMPANY •Parle Products was founded in 1929 in British India. • Owned by the Chauhan family of Vile Parle, Mumbai. • The original Parle Company was split into three separate companies owned by the different factions of the original Chauhan family.
- 3. ABOUT THE COMPANY •Founded in 1984. • Owned by Chauhan Family. • Company has turnover of 1500 Crore. • Company has manpower strength of 2500 including over 400 professionals. • Most trusted Indian brand among beverages. • Company products are divided into 3 segments Beverages Water Food
- 4. FROOTI Launched in 1985. India's only beverage sold in a Tetra Pack at the time. Became the largest selling Mango drink in the country
- 5. APPY & APPYFIZZ • Appy Classic was launched in 1986. • It was the first apple nectar to be launched in India. • Appy Fizz was launched in 2005. • India‟s first sparkling apple drink available in a champagne shaped PET bottle.
- 6. Grappo Fizz • Launchedin 2008. • It is a sparkling grape juice drink. • Credited with creating the sparkling fruit drinks category in India
- 7. Saint Juice &LMN • Saint juice was launched in 2008. • Saint Juice is available in three variants Orange, Mixed fruit, Grape and Apple. • LMN was launched in March 2009. • LMN is a non-carbonated lemon drink.
- 8. Cafe Cuba • Launchedin 19 May 2013. • Cafe Cuba is a carbonated Cuban coffee. • It's a new product & first of its kind, more of a bottled . Espresso
- 9. OTHER PRODUCTS • BAILLEYpackaged drinking water and soda. • Hippo (launched in 2008), baked snack available in six flavors • Mintrox mints (launched in 2008), hard mint candy available in 2 flavors • Buttercup candies (launched in 2008), hard boiled candy; it is targeted at kids and adults alike. • Buttercup Softease, a toffee available in 4 flavors • Softease Mithai, a toffee available in 3 flavors
- 10. Vision • To bethe leaders in our business. We will stand apart from the competition by being the first in the market to innovate. Mission • We will be the leaders in our business by maintaining high quality, introducing new and innovative products, reaching every part of India, remaining customercentric, constantly upgrading our knowledge and skills. „To provide consumer‟s superior, wholesome agro based food and drink brands through which parle can build a profitable and growth oriented organization‟.
- 11. ETHICS AND VALUE •Respect for plurality and diversity. Transparency, integrity and honesty. Respect for the worth and dignity of individuals. Accountability of the organization to its members with regard to its code of ethics. Inclusiveness and social justice
- 12. PERSONNEL AND MOTIVATIONSTYLES • Human resource (HR) initiative termed “shop adoption”. • „Regular visits by psychologists‟. • Training and constant upgrading of employee knowledge and skills • Business opportunities creating platform to learn and grow. • Perks and benefits. • Glow boards. • Infrastructure facilitation.
- 13. Success Mantra’s givento employees by Schauna Chauhan o Ensure you have a genuine interest in the career that you have chosen. o Cultivate a passion for learning as it always helps. o Be aggressive in your approach, it will help you deal with challenges. o Be spontaneous and never dismiss any idea, make it work. o Embrace challenges because they help you grow.
- 14. FUNCTIONAL ORGANIZATIONAL STRUCTURE Prakash Chauhan chairman &M.D Schuana Chauhan Director Marketing Director Alisha Chauhan Director Finance Director Marketing Manager Finance Supervisors Sales Teams Accounts Assistants Nadia Chauhan Director Operations Director Production Team Leaders Production Team Members HRM Director Personal Managers Accounts Assistants
- 15. LEADERSHIP STYLE • ParleAgro follows Autocratic leadership style.
- 16. Overall measurements ofsuccess for Parle Agro • From a mere Rs 250 crore company 10 years ago, Parlé Agro is today a Rs 1,500-crore entity. • From just one plant in early 2000, Parlé Agro now has 10 across the country for its various products.
- 17. Most important factorsleading to the success of Parle Agro Willingness to Adapt Availability and affordability Aggressive Business Goal Uncompromising Standards Remaining customer centric Reaching every part of India Introducing new and innovative products Diversified products
- 18. Strategies used toachieve this success are • Direct marketing for the brand. • Developing products on the health plank- Hippo, Apple juice. • Focus on customer ideology - Classifying Frooti as children's drink and Appy as youths. • Focus on innovation.
- 19. PLANNING LEADING ORGANIZING CONTROL LING Success of•Companybelieves •Company follows •Parle Agro ensure Parle Agro through planning, •Parle Agro planning can be in leading through functional that the goodwill leading, organizing, controlling in danger by is termed as Innovation. organizational style not aggressive but calculative. •They venture into new segments where the product hasn’t been tested . •Company gives importance in organizing Appy 1st Apple marketing juice. campaigns like Frooti 1st Mango juice. Saint juice 1st 100% Fruit juice. •Planning at Parle Agro is aligned with the changes in the Hippo 1st external market. Health snack. •Parle Agro give prime importance to planning that highlights customer satisfaction. Mango surprise stunt project Magic of Frooti irresponsible activities at individual retail level. •The company gives importance in controlling the quality of the product to ensure constumer satisfaction. •Controlling helps in monitoring the production process and to check its supplies
- 20. STRENGTH’S OF THECOMPANY • Innovative advertising. • Innovative Marketing strategies. • Targeting on all age groups. • Enhanced distribution base. • Innovative Products. • Focus on quality.
- 21. MAJOR CHALLENGES TOBE FACED IN FUTURE • Tough competition with competitors. • „Saint' juice priced higher than competitors. • Scarcity of land leading to price rise. • Raw material availability, dependence on imports and shelf life. • Planning of marketing offensives to compete with the deeppocketed MNCs.