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gap analysis of BURJ Bank

gap analysis of BURJ Bank

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Published by Akbar Syed

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Categories:Types, Research
Published by: Akbar Syed on Dec 25, 2011
Copyright:Attribution Non-commercial

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07/20/2013

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BURJ BANK LIMITED
Performance AppraisalProcedure
Gap Analysis
Submitted toSir Sajid AhmedSubjectPerformance ManagementSubmitted bySyed Akbar Shah( 54203)DateNovember 29, 2011
 
Table of Contents 
Introduction and History ............................................................................................................ 3Vision .......................................................................................................................................... 3Mission ....................................................................................................................................... 3Corporate Culture ...................................................................................................................... 3Reason for Choosing this Organization ...................................................................................... 4Methodology and Information Gathering ................................................................................. 4Limitations.................................................................................................................................. 4Performance Appraisal Procedure at Burj Bank Limited ........................................................... 4Introduction ............................................................................................................................... 4Performance Review .................................................................................................................. 4Performance Appraisal .............................................................................................................. 5Probationary Review .................................................................................................................. 6Interim Performance Appraisal .................................................................................................. 6Employee Recognition ............................................................................................................... 7Promotions ................................................................................................................................. 7Awards ....................................................................................................................................... 7Reward for passing IBP Diploma Examination ........................................................................... 8
 
 Introduction and History
Dawood Islamic Bank Limited now known as Burj Bank Limited recieved its licnence of operation in May 2006 from State Bank of Pakistan. It lies on sixth number amongst
Pakistan’s full
-fledged Islamic Banks. It started its oerations officially on 27 April, 2007.First Dawood Group (FDG) initiated this bank the aim of which is to provide Islamic ShariaCompliant services. Dawood Islamic Bank Ltd was renamed as Burj Bank Limited in July2011. The bank has a Shariah board which is chaired by Mufti Munib Ur Rehman. He is also
the bank’s sharia advisor. The bank currently has 50 online branches accross pakistan.
Vision
To make Burj Bank Limited the bench mark for Islamic Banking
Mission
To be among the top ten banks of Pakistan within a decade
 
Purity
 
Integrity
 
Passion
 
Devotion
Corporate Culture
Burj Bank Limited is committed to undertaking Shariah Compliant banking in a profitableand progressive manner. Each employee is a representative of the bank and as such is meantto depict its culture of integrity, reliability, trustworthiness, efficiency and progressiveness.Each employee is expected to be knowledgeable regarding the products and services offeredby the bank and should be familiar with the unique features of Shariah compliant banking andhow these can assist customers in meeting their business needs.The aim of the Human Resource policies is to recruit and develop employees as responsibleand ethical bankers knowledgeable in Shariah Compliant banking, who contribute towardsthe profitable growth of Burj Bank Limited. These policies have been formulated with theaim of incorporating the high moral and ethical values in the workplace that are part of theIslamic Shariah.HRD shall from time to time issue guidelines, handbooks and instructions that lay down thedesirable behavior norms for employees and the corporate culture that define

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