- Business Intelligence
- Business Intelligence
- Business Intelligence
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Financial Perspective
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Objectives
- Topic
- Increase profit
- Decrease company expenses
- Meet budgeted targets
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Measures
- Topic
- Increase company profits
- Decrease costs
- Meet SLA's
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Initiatives
- Topic
- Increase profits of the company through improved sales
- Eliminate reduncacies in the terms of work.
- Improve sales by achieving required sales targets.
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Targets
- Topic
- At least 20-30% increase each year.
- Determine areas of redundancies.
- Agreed SLA level by the company and the employees.
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Customer Perspective
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Objectives
- Topic
- Increase customer satisfaction
- Increase customer loyalty
- Improve brand image
- Increase public awareness and visibility
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Measures
- Topic
- Customer satisfaction
- Customer Loyalty
- Improve brand image among competitors.
- Improve marketing image and strategies to promote the company and it's services.
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Initiatives
- Topic
- Conduct satisfaction surveys and feedbacks
- CASHandog Centennial Edition
- Update company identity such as logo in line with the company's centenary.
- Maximize the use of different media - traditional and new media (Traditional - print, TV, radio. New media - internet, mobile phones, mobile advertisement)
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Targets
- Topic
- 100% customer satisfaction
- Reward customers that have been loyal with the services of the company.
- Topic
- Must cope with the changing media and technology. Research unique methods of promoting the company and it's services.
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Internal Process
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Objectives
- Topic
- Improve business practices and efficiencies
- Improve quality
- Ensure reliable service
- Increase workforce knowledge & skills
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Measures
- Topic
- Improve business practices and efficiencies
- Improve quality of service provided to the customers.
- Provide reliable service to customers.
- Increase workforce knowledge & skills
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Initiatives
- Topic
- Roll out new policies that will improve business practices and services.
- Introduction of internal quality audit.
- Assists customer in assessing their insurance needs.
- 1. Creation of Employee Portal 2. Offer trainings & workshops that are relevant to the employee's current role.
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Targets
- As needed.
- As needed.
- As needed.
- 1. Agent's Portal 2. Assess employees training need through surveys or by the demand of the market. Trainings will be conducted
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Learning and Growth
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Objectives
- Topic
- Optimize workforce
- Increase employee satisfaction & engagement
- Recruit and retain a highly skilled workforce
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Measures
- Topic
- Optimize the current workforce of the company
- Increase employee satisfaction & engagement
- Recruit and retain a highly skilled workforce
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Initiatives
- Topic
- 1. Offer movements inside the company to align employee's capabilities.
- 1. Introduce a company wide recognition. 2. Intensify work-life balance by introducing different communities in the company (e.g Photography Club, Sports Club, Special Interest Clubs) 3. Introduce a "Management Hour" wherein the top management will conduct light talks and seminars (e.g leadership, life seminars) to their employees to promote open communications between leaders to peer.
- Topic
- 1. Recognition Program to be done annually. 2. Build communities that will foster camaraderie in the company. 3. At least once every quarter.
- 1. Institutionalize "Internal Job Applications" to promote movements inside the company.
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Targets
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Topic
- 1. As needed. 2. As least once every year. 3. At least twice a year.
- Topic
- 1. HR and Recruitment Team to participate in job fairs, seminars & career roadshows. 2. Review Compensation & Benefits that is at par with other insurance companies. 3. Conduct performance assessments of the employees.