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Performance management means that
what is the main purpose of existing the company, why company is establishes,
what are the main products or service of company that company delivered to
their customers. So performance management measures the performance of
organization and explains the vision and mission of the organization.
Saudi electric company is the well
known company in the Saudi Arabia that provides better electric facilities and
services to all its customers. Here we are going to discuss the vision and
mission of Saudi electric company with its complete features;
Vision of Performance
Management of Saudi Electric Company
Vision explains the statement of
future aspiration of organization. Saudi electric company vision is to deliver
world class power services to our customers and country. To achieve the
objectives of sustainable development, integration of environment and economy
and social issues into the economic values, processes, decisions and corporate
culture of the company in all level of administration.
Mission of Performance
Management of Saudi Electric Company
Mission statement collectively
explains the most important reasons for the existence of organization and
summarizes all the features. Saudi Electric company mission is to energize the
world by power the kingdom. Our responsibilities include providing the product,
service and efficient care to our community, customers and employees with the
excellent quality performance. The roots of our activities and improve the
quality when the community based behavior accompanied which focus certain
issues. As we affect with the social behavior of others, in same case our
social behavior also affect others. Our social responsibility initiatives that
consider with the parties related to broad range of supply chain and multi
party value chain.
Detail
specifications of Saudi Electric Company:
Strategic
goals of Performance Management of Saudi Electric Company
The strategic goals of Saudi
electric company elaborate its goal with SEC. it means Smart (a driving force of
transformation to a sustainable and smart electric system. Efficient (a lean and
mean company with world class performance operating on a commercial basis. Customer (for both people and business an
innovative world class service provider.
It enablers include talent
development, digital transformation, priority of security, environment and
safety, financial sustainability and cost optimization, energy sector
restricting and activation of research and development programs.
Relationship
of company:
In our relationship with customer
dealing who get benefit from our services and analyze all those issues that
must be consider related to social responsibility chain related to customer.
Customer has right to compensation through by fair settlement of claims and
complaints, improved technologies through provision of facilitation mechanism
and development to get our services, security and safety by providing safe
services and adopting the security measures to present the secured data
guarantee.
With environmental behavior, our
some activities are directly or indirectly have power to produce environmental
impact. And by identifying, recording and reducing the pollution sources, try
to minimize these effects as much as possible. We consider in deep the
introduction of mechanisms for environmental complains, pollution prevention,
reducing the severity of climate changes, sustainable consumption and purchases
and environmental restoration and protection of natural environment.
Company relationship with community
is presenting as better as company understand the culture, historical qualities
and characteristics of community. To the vulnerable groups pay more attention,
seek to work professionally and develop influential and meaning full
initiatives and linked the community in exploring expectation and designing
initiative.
In the company’s relation with the
community show company never aim to strengthen the basic operational activities
from any social; activities and design the initiatives community away from the
expected return issue of the firm. So community development is the main
component for sustainable development and tries to build long and distinct
relationship with all segments and categories of community.
Principles of company include
accept accountability which means respond to accountability, audit and
inspection in the legal frame work of entities or individuals that effect the
decisions. Dealing with transparency means sufficiently disclose and clarify
our activities and decisions and affect potentially the community, environment
and economy. Avoid involvement means legally or illegally not to get involved
in any issue that goes to violation belong environment, economy and community.
Company’s initiatives are depend on
the latest performance indicators. During the strategy formulation processes
all the stake holders must be engaged because they are the actual targeted
group who are concern about the profit. Company also considers different
matters like common issues, community development, operational practice,
environmental issues, work practice and human rights. Different fixing tools
used in the organization to determine the progress in social responsibility
areas and try to improve performance consistently. Company also observe the
training and development, health and safety, working conditions and employment
impartiality. Also encourage its dealing with contractors and suppliers.
As per legal commitment, company
confirms that they didn’t belong to any unfair work related activities that
violate any legal rights. During making contract for processes, deal with
suppliers and contractors legal and social conduct must be important for labour
practice. Create a balance between healthy life and work and respect the
familial responsibilities of workers.
Local
content development strategies:
Local strategic development plan of
Saudi Electric Company have three different initiatives that helps to support
and encourage the local manufacturing: 1st initiative is to develop
procedures and policies to motivate contractors. 2nd initiative is
to develop procedures and policies to motivate the manufacturers at local
level. Third initiatives include find out different investment opportunities
for localization.
Strategic
goals of Performance Management of Saudi Electric Company
Services and solution provider:
customer centric and smart.
Financially sustainability:
international and diversified.
World class operations: reliable
and efficient.
These are some of the basic and
major elements of Saudi electric company that are working to provide better
services and facilitate the customers of all over the world.
Link
between mission, vision and organizational performance:
If we talk about different
characteristics related to mission and vision of company then we have to
concern different factors that show how much company is concern about its
goals, mission and vision. First of all the basic product or service that is
offered to customers. SEC offer electricity to all its customers in all over
the world. Company makes sure that our customers must obtain maximum
satisfaction by using their products. Company is focus on main customers at
commercial level. Company provides the electricity with reasonable prices and
offer customers to use the product at low prices with different strategies and
affordable packages. Company used latest technologies and process to provide
better facilities to all its customers. With this company also focus on its
profitability and growth by capturing maximum market share and high number of
customers. The management of the organization is very much supportive with its
customers, employees and community. The organization prepares its public image
in such a positive way that customers are very satisfied by using their
products. The employees and stakeholders are very much concern about all the
procedure, policies and strategies develop in the organization because they are
concern about the growth and profitability of the organization.
Market
share and prices of Performance Management of Saudi Electric Company
Saudi electric company is a well-known
organization in the world. By offering most reasonable prices to their
customers and packages, they capture a high ratio of market share and also
enhance their reputation in the market. Basically, they are very much concern
about their customer’s requirements and try to provide them their best services
at reasonable cost at any place. They develop their strategies and goals in
such a manner able way that every linked person is satisfied with the policies
and procedures of the company and try to maintain its image from many years by
using latest technologies and development techniques. In the upcoming era,
company tries to obtain maximum development in the field of information and
technology and use latest policies and techniques that support the requirements
and policies of company and help in enhancing its profitability.
Conclusion
on Performance Management of Saudi Electric Company
After all the above discussion and detailed study, we conclude that Saudi electric company is well known and reputed organization in the world that provide excellent services to all its customers in most affordable prices . it also very much supportive with its employees and stakeholders that provide them benefits and profits with a very shine margin in earning and the performance of organization is going to increase rapidly in all over the world due to its effective performance and service providing activities. It is very important to follow its vision and mission statement because the main goal of any organization present through its vision and all the employees and workers has to follow the vision and try to achieve the target of the organization that are explained in the mission statement. Saudi electricity company is very much focus on its mission and vision and always present their excellent performance by showing the high profitability ratio among different competitors and try to maintain their position by following new and latest techniques and policies that help to stand in new and advance time frame which is the actual demand of customers.
Reference of Performance
Management of Saudi Electric Company
Cara
G. Parker, P. o. (2017, 3 14). characteristics of vision and mission.
Retrieved from https://www.cparkerconsulting.com/discussions/2017/3/14/5-characteristics-of-inspiring-vision-and-mission-statements
se.com.sa. (2019). Saudi
electricity company. Retrieved from
https://www.se.com.sa/en-us/Pages/LEILocalContentDevelopmentStrategic.aspx
se.com.sa. (2019). Saudi
electricity company. Retrieved from
https://www.se.com.sa/en-us/pages/corporateresponsibility.aspx
se.com.sa. (2019). Saudi
electricity company. Retrieved from
https://www.se.com.sa/en-us/Pages/OurStrategicGoals.aspx
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