The report is mainly prepared to enhance the sustainable growth and development of the Philips Financial Services. The different sections of the report would provide a brief knowledge regarding the different aspects and phenomenon which might affect the company.
The Philips Financial Services is a medium sized organization which is owned by Nick Philips. The company is currently functioning in the different situation as it is currently facing many difficulties in the organization regarding the employees. The company was founded nearly 18 months ago and the strength of the employees have increased to 50 in the last six months which is major advantage of the company in the industry. The increase in the employee strength would help the company to increase the productivity and also the quality of the services. However, the management of the company and the motivation provided by the employers is considerably weak.
The organizational structure of the company is also very fluctuating which would affect the company in the industry (Rajput and Talan, 2017). Additionally, the workforce of the company belongs to the different cultures and also from the different parts of the world which would help the company to achieve the desired success within the industry. The mission of the company is to provide quality services to the customers and also become the leading financial service providers in the industry. The vision of the company is to become the leading financial organization which would gain the profits from the private and the various clients franchise.
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