Laiba Kanwal (BAFM-22-14)
Laiba Kanwal (BAFM-22-14)
Laiba Kanwal (BAFM-22-14)
Management
Purpose :
At Deloitte, our purpose is to make an impact that matters. It leads us to focus on
accelerating equity, sustainability and shared prosperity through all that we do:
because that's the type of impact that matters to us, and for our clients, our people, and
our communities.
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Mission and Vision Statement of
Mission statement :
“to help our clients and our people excel. We are one of
the world’s leading business advisory organizations”
Breaking down the mission statement, we can identify three main aspects:
1. Impact on clients
Tailored solutions and innovation
Collaborative approach and trusted partnerships
Client Success and long-term impact
2. Impact on employees
3. Impact on society
This statement encapsulates the company’s aspirations to maintain its position as a leader
in the professional services industry, ensuring that it attracts the best clients and talent in
the market.
In this analysis, we will break down the vision statement into three main components and
explore how each element plays a crucial role in the company’s business operations and
overall success.
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1. The Standard of Excellence
To achieve this level of excellence, Deloitte focuses on several key aspects:
Continuous improvement
Rigorous quality control
Talent development
Ethical conduct
Client-centric approach
Value creation
Relationship building
Industry expertise
Core Values
The Deloitte Shared Values and Ethical Principles provide the foundation for our culture–
a culture with integrity and professional conduct at its core. This culture is reinforced from
the very top of the organization and evident in the behavior of our global network of
professionals.
Here at Deloitte, our aim in the context of strategic planning and corporate performance
management is to support strategic decision-making and operational management
processes by defining actions that are in line with company strategy and determining key
performance indicators (KPIs) and balanced scorecards.
Deloitte’s strategic planning approach aims to sustain and increase company value while
taking into consideration the overall growth rate of the market. Within the context of
strategic planning, all the internal and external factors affecting company development
(competition, trends, technology, regulations, demographic change, company location,
distribution or corporate assets, company pricing policy, etc.) are evaluated and vision,
targets, main initiatives, and corporate level performance indicators are defined.
Parallel to growth, organization and business processes become more complex; and
coordination among business units and monitoring goals gain priority. At each level of the
organization, performance management helps keep the focus on the crucial targets
composing a company’s strategy. For this reason, it is vital to define KPIs and balanced
scorecards at corporate, business unit, and individual levels in line with strategic targets.
Our Services:
Define company vision, goals, main initiatives, and corporate level performance metrics
Define departmental and individual KPIs in line with main business strategies
Develop balanced scorecards at corporate, departmental, and individual level
Determine the data structure and data sources supplying information for KPIs and scorecards,
and create action plans if necessary
Design performance model and processes
Implement technology solutions in regard to performance management
Conclusion
Deloitte’s mission and vision statements are guiding principles that inform the firm’s
strategic direction and decision-making processes. The mission statement, centered
around making an impact that matters, demonstrates Deloitte’s commitment to delivering
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exceptional value to its clients, employees, and society. The vision statement, which
encompasses the aspirations to be the Standard of Excellence, the First Choice of the Most
Sought-After Clients, and the First Choice of Talent, reflects the firm’s dedication to
maintaining high-quality standards, meeting the needs of its clients, and attracting top-
tier professionals.
These statements testify to Deloitte’s unwavering focus on creating a positive impact and
fostering a culture of excellence. By upholding its mission and vision, Deloitte enhances its
competitive advantage in the global marketplace and contributes to the betterment of the
business world and society at large.