The mission of coal India limited is to produce the planned quantity of coal, efficiently and economically with due respect to safety, conservation and quality. * Vision of coal India :
To emerge from the position of domestic leader to leading global player in the energy sector by adopting best practices from mine to market with due care to environmental and social sustenance. The above logo here is of this “MAHA RATNA” company itself, showing its vision symbolically.
* Strategies of the organization:
To be at the top one has to follow some strategies, so as the company is. Following are the strategies made and successfully implemented by this coal giant. This plays very important role for the organization because due to these strategies clubbed with such an unwavering organization structure results in the world’s 3rd largest coal producing company.
* Objectives:
First of all this gigantic organization sets their objective as all other firms and small organization do.
1. Performance improvement. 2. Performance assessment. 3. Developments need assessment.
After setting the objectives it has to be implemented so here is the process followed and successfully implemented.
* The process:
* Goal setting. * Performance review- quarterly. * Performance assessment. * Development assessment. * Performance based benefit.
* At corporate level:
SECL derives its goals from CIL through MOU. The following are the key goal area included in the MOU.
Key result areas (KRA)
1. Financial parameters. 2. Quality and customer satisfaction. 3. HRD. 4. R & D / new initiatives. 5. Project implementation. 6. Corporate social responsibilities (CSR). 7. Corporate