Here I am talking about the Three fold objectives of an Organization as stated by The Chairman, ICICI Bank.
ICICI Bank is not a name which needs an introduction to an ordinarily aware person. It is the second largest Bank in India and First Indian bank and First Non-Japan Asian bank or financial institution to be listed on the NYSE.
Few years ago I happen to read an interview of the Chairman of this prestigious and gigantic institution who has been with this institution and contributed his efforts for a long time and seen it grow. This respectable man's name is Mr. N. Vaghul, who was appointed as the seventh Chairman and Managing Director of ICICI Bank in the year 1985
That time I was in my first year M.B.A and these kind of articles would intrigue me a lot. I would read it again and again just to make sure if I am not missing on something important. And while I was going through this interview of him I found these three fold objectives as real golden words. I quoted him sometime in my presentation as well, where it received lots of appreciation.
Here they go:
ICICI Bank is not a name which needs an introduction to an ordinarily aware person. It is the second largest Bank in India and First Indian bank and First Non-Japan Asian bank or financial institution to be listed on the NYSE.
Few years ago I happen to read an interview of the Chairman of this prestigious and gigantic institution who has been with this institution and contributed his efforts for a long time and seen it grow. This respectable man's name is Mr. N. Vaghul, who was appointed as the seventh Chairman and Managing Director of ICICI Bank in the year 1985
That time I was in my first year M.B.A and these kind of articles would intrigue me a lot. I would read it again and again just to make sure if I am not missing on something important. And while I was going through this interview of him I found these three fold objectives as real golden words. I quoted him sometime in my presentation as well, where it received lots of appreciation.
Here they go:
- "ORGANIZATION SHOULD CONTRIBUTE TO REMAIN PROFITABLE SO THAT IT CAN STAY IN BUSINESS"
- "THE ORGANIZATION SHOULD CONTINUE TO GROW EITHER VERTICALLY OR HORIZONTALLY BUT SHOULD NEVER REMAIN STAGNANT."
"A STAGNANT ORGANIZATION IS A SURE RECIPE FOR DISASTER AS AMONG OTHER THINGS, IT FAILS TO PROVIDE GROWTH OPPORTUNITIES TO THE WORK FORCE TO ACHIEVE THEIR CAREER GOALS."
- "CREATE AN ENVIRONMENT IN THE WORKPLACE WHERE THE EMPLOYEES COULD ENJOY THEIR WORK WHILE REALISING THEIR FULLEST POTENTIAL"
I just couldn't agree with him any more. In nutshell he has summarized his whole life work experience. And now when I think of all the successful companies or read their history they all seem to have followed all these objectives in one way or the other.
