2. INTRODUCTION:
KASB SECURITIES
It deals in commodities trading
It strive to provide the best price, the best service and the best
technology
3. COMPANY’S OBJECTIVES
Market leader
Lowest commissions
Affiliation with a global investment bank
Daily research reports
Extensive foreign markets experience
Tried and tested superior client service
4. PLANNING
The company carry forwards the goals and objectives very strictly.
They have been the market trend makers.
Every employee gives his 100% while evaluating our project’s
success.
They have to have their eyes 24/7 on the foreign currencies.
Tasks are distributed in assign tasks to the appropriate administrators.
They make alternative plans in case of any drawback due to failure
or delays in their working schedules.
The manager did make some risky decisions as every manager has
to take certain risks in their career.
5. ORGANIZING
Challenging tasks gives exposure to the individual and non-
challenging ads to their experiences.
Tasks are given on group basis.
Every individual has to complete a certain task in the group.
They propose meetings in which everyone has their time to speak
and give ideas.
They are reducing their costs since the past two years, to be more
efficient.
Promote sub ordinates rather than recruiting people from outside
the organization.
6. INFLUENCING
Decisions are made at all management levels to motivate
employees.
Employees care more about monetary benefits, the company gives
them bonuses on occasions like Eid.
Formal way of communication but it has a friendly environment to
make the employees feel comfortable.
Internees are recruited in the company according to their
evaluated performances.
Training programs.
7. CONTROLLING
Measuring performances of the employees through rating scale.
Employees are given performance awards, appreciation.
The company’s policy is based on consistent performance.
It wants its employees’ performance to improve every time.
The company compares its performance with previous years.
8. CONCLUSION
KASB SECURITIES ltd is flourishing from past four year they have been improving in every aspect.
The credit goes to the Top Management and their whole company for performing consistently in
a very positive manner.
They have come up with the best policies for both employees and the company which have
made them the leaders as they were the first listed brokerage company and the trend setter of
their field.
Their management emphasis on economical needs of their employees as the economical
conditions of Pakistan overall are very hard to survive with inflation and other negative influences.
They do provide with sufficient monetary benefits and job security which in itself is a relief and
satisfaction for the employees who are working there, with bonuses on both EIDs and other
benefits such as Fuel, Mobile billings, Family insurance and Car are awarded on promotion which
is completely based on performance, Making KASB SECURITIES Ltd are very desirable place to
work in for any fresh talent.
They provide their company as a nursery to establish your skills and they reward you with
increment and promotions and perks, a company that rely on growing their employees for higher
position rather than recruiting out from the market (competitors).
They have a strong culture which should be appraised and which can not be ignored however
they have to make efforts in the training department of their company for making the staff sharp
enough to grab opportunities of change that can lead them to great heights.
9. RECOMMENDATIONS
After a detailed interview with Mr.Najmus Saqib we did ask some questions from the employees of KASB
securities Ltd and we have come up with some recommendations after viewing their organization from
the perspectives of both an Employee and Top Management.
As described in interview about the system upgrade in the company to “ORACLE 10G” most of the
employees faced difficulty in accepting the change although before this change all the work was of
stone age (paper work, cheques, requirement of signatures on big amounts) and this upgrade resulted
more time saving and fast processing but the complain which we faced was no proper training facilities
were provided.
Hence the change was beneficial but it took a lot of time for the staff to settle in the new manner of
doing their work and other processes. We recommend to have an effective training program in future for
any big change the top management decide to brought in the company.
The second aspect to recommend on is the annual leaves which are of one month with salary
according to policies it’s follows on with the financial year end and start. It should be altered in such a
way that it would benefit both the organization and the employee, at the moment it’s all the employee
who is getting the perks on this particular aspect.
We would recommend to alter it in a way that leaves can get added to next year and with having two
months on leaves the employee can cash the salary for 60 days in return for 40 days leaves and enjoy 20
days leaves. In this way the organization’s expense will be same but the employee will be more
contained to his/her work and would avoid using their annual leaves as to cash them later as their
additional bonus.
