IDENTIFYING PROBLEMS AND RECOMMENDING SOLUTIONS AT DESCON ENGINEERING LIMITED

Abstract

This executive summary provides an overview of Descon Engineering Limited, a multinational company operating in the engineering, construction, and manufacturing sectors in Pakistan and the Middle East. The company's core services include engineering, manufacturing, procurement, construction, commissioning, and maintenance, with a focus on infrastructure, energy, and the process industry. Descon was founded in 1977 and has grown to become a key player in the industry, serving sectors such as oil and gas, chemical, petrochemical, cement, power, and infrastructure. The company's vision is to be a globally recognized and respected engineering, construction, and manufacturing company, and it is driven by a mission to strengthen its market position, expand into new segments and regional markets, and achieve success through collaboration with customers, cost-effectiveness, motivated people, and effective teamwork. Descon's core values, known as CLATOS (Continuous Improvement, Leadership, Accountability and Ownership, Teamwork, Open Communication, and Safety), form the foundation of its operations and organizational culture. Descon's business operations encompass a diverse portfolio of services. It provides power solutions, including the operation and maintenance of power plants and expertise in thermal, wind, and hydel power solutions. The company's chemical division, Descon Oxychem, offers a range of hydrogen peroxide and sanitation products. In the infrastructure sector, Descon undertakes large-scale projects such as hydropower plants, dams, barrages, canals, roads, and airports. Its manufacturing division specializes in fabricating equipment for the oil and gas, power, and petrochemical industries, while its fertilizer business offers turnkey solutions for plant construction and maintenance. Descon Engineering Limited also demonstrates its commitment to corporate social responsibility through the Descon Technical Institute (DTI), which provides technical education and skill development opportunities to underprivileged youth. DTI offers vocational courses, practical training, and industry-relevant projects to enhance employability and bridge the gap between formal education and industry requirements. In terms of market analysis, one of Descon's major competitors in Pakistan is the Fauji Foundation Group, which also operates in engineering, construction, and manufacturing sectors. To maintain a competitive edge, Descon emphasizes its strengths, such as its strongvii market image, diversified business units, and global presence. However, it faces challenges such as limited promotion opportunities, less attractive salary packages, and centralized decision-making processes which needs to be taken in consideration. In conclusion, Descon Engineering Limited is a respected player in the engineering, construction, and manufacturing industry, driven by its core values and commitment to excellence. With its diverse portfolio of services, focus on quality and innovation, and dedication to corporate social responsibility, Descon continues to make significant contributions to the industry and communities it serves.