VISION & MISSION VERY IMPORTANT FOR DIRECTING BUSINESS ENTITIES
The phrase indicates that the vision and mission of the bank management is one of the factors required for the development of a bank. With a clear vision which is translated in the mission would have to drive towards a healthy bank. With the clarity of direction that will lead to understanding and commitment from the stake holders and customers in the management of a bank because it increases the value and moral hazard from several parties.
For that purpose, vision and misisi must be communicated to all parties and in the making must consider environmental conditions, the excavation of issues from the bottom to note that feed back on its implementation can be obtained in order to determine the vision of the next period. Besides, making the mission should put emphasis on customer satisfaction and the amount of profits the company (bank) to be achieved. Thus there will be a mutually beneficial sutau process between the two sides, where it will direct the bank to ensure the development of a natural and healthy.
