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Hrm In Partex Group Essay

2675 words - 11 pages

Human Resource Management Practice in Partex Group of Bangladesh
A new concept is a combination of HR, Accounting, Management, Financial Management and Economics.Now-a-days, in Bangladesh, every year, and huge amount of money and talented HRM are being engaged by corporate to improve the productivity or skills o f their workforce across the country. Such huge expenditures are made with the expectation of future returns in terms of improved services to be rendered by skilled employees. The HRM function and HRD profession have undergone tremendous change over the past 20-30 years. Many years ago, large organizations looked to the “Personnel Department,” mostly to manage the paperwork around ...view middle of the document...

The one score and ten year successful perpetuation of our timber substitute products not only speak volumes of the foresight of Partex’s founders but also their vision of the future.
Vision Statement
Therefore, their imagination soars beyond conventional barriers. Partex Group share or destiny with their beloved motherland. They want to serve her in the greater quest for national uplift.
Mission statement
They are merchants and missionaries, doers and dreamers, entrepreneurs and professionals. They are futuristic with emphasis on creating thinking and dynamic action.
 High quality financial services with the help the latest technology.
 Fast and accurate customer services
 Balance growth strategy
 High standard business ethics
 Steady return on shareholders equity.
 Innovative banking at a competitive price.
 Attract and retain quality human resource.
THE SPIRIT
Enterprise is Partex Group’s spirit. Partex Group manufactures superior import-substitute consumer and industrial products. Their cutting edge precision leads to greater public utility and hygiene, with a great care for the environment and human inhabitation. It is the very ingredient that gives their organization the integrity upon which their reputation is built and we zealously guard it everyday.

Objectives:
This gropup a customer focused modern banking institution thriving fast in both earning and ability to stand out as a leading banking institution in Bangladesh. They deliver unparalleled financial services with the touch of heart to Retail, Small and Medium Scale Enterprises (SMEs), corporate, institutional and governmental clients through the outlets of branches across the country. Their business initiatives center on the emerging need of the clients.

Partex Groups’ client commitments are the following:

• Provided services with high degree of professionalism and use of most modern technology.
• Create life-long relationship based on mutual trust and respect.
• Respond to customer needs with speed and accuracy.
• Share their values and beliefs
• Grow as their customer grows.
• Offer first rated solutions of client’s problems and issues.
• Provide products and services at competitive pricing.
• Ensure safety and security of customer’s valuables in trust with them.

Future program:
The program and strategy and Partex Group have undertaken with their strengthened positioned and design to create a based from which growing and sustainable profit can be generated.
• Doubling the profit
• Sound financial management
• Pursue innovation in our product offering.
• Expand and diversified customer base.
• New product introduction leading to competitive advantage.
• Improved efficiency.
• Up – gradation of on-line banking
• Establishing new profit center
• High level of customer services
• Stronger and diversified relationship with customer
• Expansion of network
• To be employers and choices
• Stable dividend for shareholders
•...

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