Procedure followed in the decision making process including Channels of Supervision and accountability
Generally, the proposals requiring decisions are initiated at the appropriate level of the executives, depending upon the nature with regard to financial implication, urgency and importance of the matter. Normally, the proposals are initiated at the level of Assistant Manager/Deputy Manger/Manager. The approval is accorded by the executives at the level of DGM/GM/EDs/CEO, depending upon the Delegation of Powers. Matters which are beyond the powers delegated to CEO are referred to the Corporate office for obtaining the approval of Chairman / Board of Directors, as the case maybe.
Bhilai Steel Plant is focused on becoming a world-class producer of Iron & Steel Products and leader in Indian steel business. Quality, Productivity, Profitability and Customer Satisfaction forms the basis for policy formulation and decision making in BSP. The Vision Statement and its guiding principles (CREDO) along with the organization’s intent provide direction for policy and strategy formulation.
The SAIL Vision reads as follows :-
“To be a respected world class corporation and the leader in Indian steel business in quality, productivity, profitability and customer satisfaction”.
The guiding principle CREDO on which the vision statement is based are :
- We build lasting relationships with customers based on trust and mutual benefit.
- We uphold highest ethical standards in conduct of our business.
- We create and nurture a culture that supports flexibility, learning and is proactive to change.
- We chart a challenging career for employees with opportunities for advancement and rewards.
- We value the opportunity and responsibility to make a meaningful difference in people’s lives.
BSP’s organizational objectives are based on the vision and credo & reflect the organizational intents in its journey towards excellence.
Living by the CORE VALUES is the way we define success for our company and for our people.
- Customer Satisfaction
- Concern for people
- Consistent profitability
- Commitment to excellence.
We are committed to harnessing the full poetential of all our resources, through creativity, continuous improvements and team work. We believe that this is important for making SAIL the best organisation so that our customers, employees and shareholders have a sense of pride.