Bank Alfalah
Bank Alfalah
Sources
Limitations
VISION
“To be a premier organization operating locally & internationality that
provides the complete range of financial services to all segments
under one roof.”
Vision is a shared look at the future and the future is filled with hope
and promise to achieve the desired goals and objectives or being able
to see where you are going and what are your desired goals and
objectives.
The above mentioned Vision of Bank Alfalah states the same thing in
a bit different and attractive way that is to be a premier and leading
bank in the market operating locally and internationally in order to
provide all the financial services to all the customers of all segments.
MISSION
“To develop & deliver the most innovative products, manage
customer experience, deliver quality services that contributes to
brand strength, establishes a competitive advantage and enhances
profitability, thus providing value to the stakeholders of the bank.”
A mission should:
OBJECTIVES
“An objective is a personal or organizational desired end point
in development. It is usually endeavored to be reached in finite time
by setting deadlines.”
(Answers, Date Accessed 15/10/2009)
1. Financial Objectives
Financial objectives of the business refer to the objectives
that involve or contribute to earning of profit and also other
objectives that are necessary to be pursued to achieve the
profit objective. These objectives signal commitment to such
outcomes as good cash flow, creditworthiness, earnings growth,
an acceptable return on investment, dividend growth, and stock
price appreciation etc.
4. Management objectives:
Management objectives concentrates on carrying out vital
operational proceedings like research and development,
production, marketing, customer service, distribution, finance,
human resources.
5. Operational objectives:
Operational objectives concentrates on administering vital
company’s sub divisions(plants, sales districts, distribution
centers) and other vital functional assignments(materials
purchasing, inventory control, maintenance, shipping,
advertising campaigns) along with business.
Moreover their vision gives birth to their main objective, being the
mission of the company. Defined as:
• Innovation
• Quality service
• Profitability
• Providing value to the stakeholders
The above mentioned terms are the core basic objectives and values
of the bank.
Bank Alfalah stands firm for one value, as its slogan says “The
Caring Bank”; their most important objective is to ensure customer
satisfaction. For them their customers are everything.
Objectives:
Objectives:
Objectives:
Objectives:
Objectives:
• To earn profit.
• To provide market competitive services.
• To ensure employee satisfaction.
• To direct the major decision making of the business.
• To increase their own power and status from business growth.
Objectives of employees:
Objectives of Customers:
RESPONSIBILITIES OF ORGANIZATION
GENERALLY
As there has been an increase in the awareness of environmental and
ethical issues, so, the social responsibility of the organizations has
been increased to quite a great extent. Issues like environmental
damage, improper treatment of workers, and faulty production
leading to customers inconvenience or danger, are highlighted in the
media. Since business operates in a society by utilizing its scarce
resources, the society expects something in return for its welfare. No
• Financial Responsibilities: