IFIC Bank Limited Industry: Banking Type: Private Organization Founded: Bangladesh‚ 1976 Mission Statement: Mission of this organization is to provide service to our clients with the help of a skilled and dedicated workforce whose creative talents‚ innovative actions and competitive edge make our position unique in giving quality service to all institutions and individuals that we care for We are committed to the welfare and economic prosperity of the people
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Mission Statement Pros/Positives/Advantages 1) Decision Making Easier Serves as a basis for the business objectives and targets. Decisions are made easier by enabling options to be compared against mission statement. 2) Communication and Motivation The MS puts corporate aims into words that can inspire It gives everyone a sense of common purpose Can inspire effort and ensure all depts work together. This ensures that each department does not move in conflicting decisions
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VALUE OF MISSION AND MISSION STATEMENT � Value of Mission and Mission Statement Introduction Through the mission statement‚ the managers and associates in the firm attempt to clearly articulate their long-term goals and what makes their organization special and worthy of people ’s attention. According to Graham (2004) a mission statement thus expresses the values of the members of the organization. Haschak (2006) says that a mission statement focuses the efforts of all in the organization so
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What do you understand by ‘mission’? Explain why it is necessary at the starting point in the process of formulating a strategy? What do you understand by ‘mission’? As per Mintzberg - A mission describes the organisation’s basic function in society‚ in terms of the products and services it produces for its customers”. Mission defines the fundamental purpose of an oraganisation ‚ describes why it exists and answers the question “Wha do we do?”. Mission statement creates a sense of direction
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Respect‚ respect‚ respect‚ that ’s what my father always said to me. Growing up in a typical Chinese family‚ I have learnt the importance of Respect‚ whether it is towards your grandparents‚ friends or your teachers. Although most of them are just simple things‚ it really shows your respect towards others. To show your respect towards others‚ there are often things you must not do. For example‚ if you respect your parents or your grandparents‚ you wouldn ’t just pat their heads‚ dropping their
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Respect Respect is to show consideration for someone or something. Respect is something that everyone should have in their everyday lives. There are many different types of respect. Three examples of what to show respect to are in school‚ parents‚ and siblings. Respect at school is one of the most important rules. Respecting your teachers by raising your hand‚ sitting up in class‚ and listening will show them that you are alert and eager to answer questions. You can also respect school property
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History: Coca-Cola Heritage Timeline).” b. The Coca-Cola Company’s Mission Statement is: “Our Roadmap starts with our mission‚ which is enduring. It declares our purpose as a company and serves as the standard against which we weigh our actions and decisions. • To refresh the world… • To inspire moments of optimism and happiness… • To create value and make a difference (Andrea).” c. I think Coca-Cola’s mission statement is a little untraditional compared to the ones in chapter 2. The examples
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Mission Statement- Assignment- 11/6/13 Home Depot said that they are: “Delivering Winning Solutions That Inspire Worklife. That for them means: - our actions speak louder than words. We are accountable: doing what we say we’re going to do efficiently and on time I would amend this to state that Home Depot Is committed to their customers satisfaction to
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Goodwin January 22‚ 2013 The Mission Statement For the purpose of this assignment‚ we are to discuss the purpose behind a mission statement. In this discussion we are to include the reasoning for an organization to post a mission statement publically‚ cover whether or not we read or pay attention to mission statements‚ and finally discuss whether or not we could personally benefit from a mission statement. What is a mission statement? A mission statement defines what an organization is‚
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MISSION STATEMENT Submitted By Summit Pradhananga MBAe section A Term II A mission statement is a declaration of attitude more than a statement of specific details. A good mission statement allows for the generation and consideration of a range of feasible alternative objectives and strategies And an overly general statement that does not exclude any strategy alternatives could be dysfunctional. Apple Computer’s mission statement‚ for example‚ should not open the possibility for
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