ANALYSIS OF MANAGEMENT FUNCTION OF THE ORGANIZATION .

ORGANIZATION PLANNING STRATEGIES . The top management gets suggestion from branches for better planning . Decession making process : all decessions are made from top management , however best suggestions recommendation are welcomed from branchs. ORGANIZING: ORGANIZATIONAL DESIGN: The bank is divided in to various departments . At branch level manager controls all the administration . At branch level Manager reports area manager , ,,,,reginal manager president ,,,,,,,board of directors ,,,,. Askari Bank is in the process of centerlization . Electronic technology division has been made . which controls all the IT related tasks , how ever one IT officer is also present in every branch . For managing IT and communication LEADING: LEADERSHIP STYLE POWER AND POLITICS MOTIVATION There is no smell of any political activity.the employees of the bank are highly motivated and qualified.

Monitory Benefits
Monitory benefits are given to the employees on the basis of their performance like salary rise, cash prize.

Grade Promotion
Askari Bank also provides advantage to their employees in the form of grade promotion. Grade promotion motivates the employee to do their work efficiently and effectively.

Abroad Posting
Bank benefit their employees by sending them on overseas posting where they can enhance their professional skills and get handsome financial benefits in terms of salary or fridge benefits.

CONTROLING: Working in the branch I observed that an environment has been created for customers, for customer services , in which all employees has controlling approach and controlling performance . Bank has appropriate system of controlling, the day to day transactions and operational affairs. Bank controls the operations through a proper check and balance system and properly monitor the daily work Internal Control Unit. Bank has an Internal Control Unit that monitors the daily transactions within the organization and keeps informing the management about the rules and policies violation. Internal control unit has a proper check and balance on operations and other bank departments.

INTYERNAL AUDIT:
Internal audit is a instrument to have a proper check on daily working in a bank. Internal auditor has to point out the discrepancies found during audit. Internal auditors hand over the audit report to the audit chief and he hand over that to the management. Management over look all the discrepancies and try to shrink the disobedience and also took the necessary actions. Internal audit conducted in a bank twice a year.

EXTERNAL AUDIT:
External auditors are the representatives of state bank of Pakistan. State bank assigned them to audit the banks the find out the lapses or discrepancies according to the rules and regulations of state bank of Pakistan. State bank imposed penalty on bank if they found any discrepancies related to banking practices or procedures. External auditor hand over the audit report to state bank of Pakistan and SBP handover the report to the management along with the debit advice in form of penalty and management overlook the discrepancies and take necessary actions. External audit conducted once in a year.