Professional Documents
Culture Documents
Assignment 4 of Mpob
Assignment 4 of Mpob
OF
• Spread life insurance and provide life insurance protection to the masses at
reasonable cost.
• Invest the funds to serve the best interests of both the policy holders and the
nation.
• Act as trustees of the policy holders and protect their individual and
collective interests.
• Innovate and adapt to meet the changing life insurance needs of the
community.
• Involve all the people working in the corporation to ensure efficient and
courteous service to the insured public.
HR PRACTICES
HR practices are:
• It succeeds at scale by generalizing instead of specializing
• It does not acquire talent laterally; instead, it retains and grows people to be
entrepreneurial
• It not only coaches its people top-down but importantly, also coaches its
people bottom-up
• People freely share knowledge - especially junior officials with senior - when
they could have been "powerful” by hoarding it
Employee motivation:
To retain good staff and to encourage them to give of their best while at work
requires attention to the financial and psychological and even physiological
rewards offered by the organization as a continuous exercise.