STANDARD CHARTERED

SUBMITTED TO: Dr. DEEPA SETHI

SUBMITTED BY: ANIMESH KISHORE

TABLE OF CONTENTS

ABOUT STANDARD CHARTERED ...................................................................................................................... 3 WHAT THEY STAND FOR .................................................................................................................................. 3 THE STANDARD CHARTERED CULTURE ............................................................................................................ 4 SOME UNIQUE INITIATIVES TAKEN BY STANDARD CHARDERED...................................................................... 4 WHY STANDARD CHARTERED .......................................................................................................................... 5 REQUIRED EDUCATIONAL QUALIFICATION ...................................................................................................... 6 WHY STANDARD CHARTERED .......................................................................................................................... 7 SELF SWOT (STRENGTH, WEAKNESSES, OPPORTUNITIES AND THREATS) ANALYSIS ....................................... 7 ROAD MAP TO MY DESTINATION .................................................................................................................... 8

ABOUT STANDARD CHARTERED

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Standard Chartered was formed in 1969 through a merger of two banks: The Standard Bank of British South Africa, founded in 1863, and the Chartered Bank of India, Australia and China, founded in 1853.Both companies were keen to capitalise on the huge expansion of trade and to earn the handsome profits to be made from financing the movement of goods between Europe, Asia and Africa. As one of the world's most international banks, Standard Chartered employs almost 73,000 people, representing more than 115 nationalities. This diversity lies at the heart of our values and supports our growth as the world increasingly becomes one market

WHAT THEY STAND FOR

Strategic intent The world's best international bank Leading the way in Asia, Africa and the Middle East

Brand promise Values

Leading by Example to be The Right Partner

Responsive

Trustworthy

International

Creative

Courageous

Approach

Participation Focusing on attractive, growing markets where we can leverage our relationships and expertise

Competitive positioning Combining global capability, deep local knowledge and creativity to outperform our competitors

Management Discipline Continuously improving the way we work; balancing the pursuit of growth with firm control of costs and risks

Commitment to stakeholders

Customers Focusing on attractive, growing markets where we can leverage our relationships and expertise

Our People Focusing on attractive, growing markets where we can leverage our relationships and expertise

Communities Focusing on attractive, growing markets where we can leverage our relationships and expertise

Investors Focusing on attractive, growing markets where we can leverage our relationships and expertise

Regulators Focusing on attractive, growing markets where we can leverage our relationships and expertise

THE STANDARD CHARTERED CULTURE

Behind the success of any organisation, culture of that particular organisation plays an important role to achieve the specified objectives. Accordingly SCB is also a successful organisation, because of the culture, and is also praised for the DIVERSITY & INCLUSION , due to these two important factors it is not difficult to define or rate the efficiency and effectiveness. The culture of STANC s is also defined by an emphasis on employees satisfaction, which may be monetary and non monetary. For example, SCB four key commitments: y y y y To attract, engage and retain talented employees. To develop individuals and teams by focusing on their personal strengths. To develop exceptional managers who engage their people. To create a diverse and inclusive workplace that encourages employees to achieve their full potential.

SOME UNIQUE INITIATIVES TAKEN BY STANDARD CHARDERED

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5-Day week Day Care Centres Colours of Joy Flexi Hours Happy Fridays Differently Abled hiring Women Guesthouses Ombuds Woman

WHY STANDARD CHARTERED

IT S Great Place to Work They strive to make Standard Chartered a great place to work by creating an engaging, inclusive and safe environment that rewards success and encourages employees to take control of their personal development. SCB strategy is to focus on employee engagement. Engagement is a key driver of productivity and performance, which creates the foundation of their performance culture. They encourage and focus on the behaviours that bring out the very best from every employee, assessing their performance not just on results but on how those results were achieved. To further embed these behaviours they have a remuneration programme in place, carefully designed to incentivise their employees to live their values every day. They have always taken a view that their remuneration policies should support and drive their business strategy and reinforce their values. They believe these are sound and aligned to external best practice standards with risk-based and robust governance structures. their annual performance bonuses are discretionary and are delivered in a combination of cash and deferred shares. They are set with regard to an assessment of risk and other factors such as achievement of our management agenda, risk management and economic backdrop, as well as profit. "The Standard Chartered values place great emphasis on collaborative working, creativity and innovation."

REQUIRED EDUCATIONAL QUALIFICATION

In the organisation like STANDARD CHARTERED, they always wants best outcome from every single employee whosoever is working with it. Google wants specific individual qualities from each of the employee, for example they want only those who are trained in their areas, well experienced and so on. The other qualifications which Google wants are: a) b) c) d) e) f) g) Well experienced Have some background relating to the job profile Proper knowledge Able to take decisions Specialized in a area of command Motivated Time management

WHY STANDARD CHARTERED Great Place to Work

They strive to make Standard Chartered a great place to work by creating an engaging, inclusive and safe environment that rewards success and encourages employees to take control of their personal development.
SCB strategy is to focus on employee engagement. Engagement is a key driver of productivity and performance, which creates the foundation of their performance culture. They encourage and focus on the behaviours that bring out the very best from every employee, assessing their performance not just on results but on how those results were achieved. To further embed these behaviours they have a remuneration programme in place, carefully designed to incentivise their employees to live their values every day. They have always taken a view that their remuneration policies should support and drive their business strategy and reinforce their values. They believe these are sound and aligned to external best practice standards with risk-based and robust governance structures. their annual performance bonuses are discretionary and are delivered in a combination of cash and deferred shares. They are set with regard to an assessment of risk and other factors such as achievement of our management agenda, risk management and economic backdrop, as well as profit.

"The Standard Chartered values place great emphasis on collaborative working, creativity and innovation."
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SELF SWOT (STRENGTH, WEAKNESSES, OPPORTUNITIES AND THREATS) ANALYSIS

STRENGTH y y y y y y Positive attitude Balanced Extrovert Innovative Motivated Social

WEAKNESSES y y y Can be impatient Do not handle multiple tasks at one time Always need a healthy working environment

OPPORTUNITIES

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To engage others in providing feedback about their experience of me To receive coaching in service of improving my leadership skills To learn from others in similar roles to mine To enhance my ability to manage the need to complete task quickly in order to be able to deliberate more carefully Pre-decided Time limit. Non completion of target.

THREATS
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ROAD MAP TO MY DESTINATION

HARD WORK IS THE KEY TO SUCCESS , well it is not wrong if anyone say this for standard chartered. Standard chartered is the place where people who are dreaming to get job and live the stnc s life which is very attractive for, If I have to reach my destination it is important to know the road map through which I can accomplish my goal. It is not possible to achieve my objective if I do not know where I am going and am I going on right way or somewhere else. There are some important points which I have to take into my consideration before thinking to reach Google as my objective. These are as follows: a) b) c) d) e) f) g) Leadership qualities Hard work Proper guidance about my destination Learning Confidence about my objective Knowledge about organisational culture Behavioural knowledge about organisation

h) Experience in my keen area

These are some basic ideas which can help me out to know my destination. Everyone wants to be the executive in this century and wants to lead others. It is important for me also to know what leadership qualities I have to know which can prove me a better employee in an organisation. There are also some important quality which an executive should know is planning, organising, controlling and directing and some others also. Only these qualities can help me to achieve my destination.