Hi Friends, I have task of preparing Vision Mission and Objectives of compliance team as am new to this. Kindly help by providing the details by little explanation. Thanks Arun Kumar M
From India, Bangalore
Dear Arun,
Have you read sufficient material about vision and mission of the company? Who creates the vision and mission and why it is created?
Top leadership is responsible for creating vision and mission of the company. Both are for the enterprise as a whole and not for any department or section within a department. Vision is mental picture of the future. Mission is path to achieve this mental picture.
Compliance team is a part of the company's department. It cannot have any vision or mission. If a marketing manager had raised this query then still it would have been considered because market is forever in flux and to outcompete competitors, it is important to do market research constantly and introduce something new in the market. In contrast, work of compliance team is steady and unlike marketing department, there is certainty of the outcome of their work.
Against this backdrop, what you need to do is just to devise the objectives of the department and not vision and mission. If some senior has told you to do this then it is sheer out of ignorance. Tell that person to read this reply.
Thanks,
Dinesh Divekar

From India, Bangalore
Dear Dinesh,
Thank you for your input and really its very informative and I agree for your valuable feedback on this.
Finally got the clarity about this and suggest me how to convey this message to my manager without hurting professional relationship.
Thank,
Arun

From India, Bangalore
The various departments work under the directives of the directors as per given policy guidelines. Look out for getting the correct directives and define the guide lines for your department.
From India, Vadodara

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