INSP IRAT IONAL WORKPLACE & CULTURE 08 Sect ion 52 Ranhi ll Ut i l i t i es Berhad INSPIRATIONAL WORKPLACE & CULTURE Human capital is a key component in enabling effective execution of the business model, process efficiency and the realisation of set goals and targets. TALENT MANAGEMENT AND DEVELOPMENT Ranhill recognises talent management as being a material factor for operational excellence. Human capital is a key component in enabling effective execution of the business model, process efficiency and the realisation of set goals and targets. Hence, Ranhill continues to invest both financial and non-financial resources in the recruitment, retention, rewarding and development of staff. Given the importance of talent management, all CEOs of subsidiary companies have their remuneration linked to the achievement of specific talent related KPIs and targets. BOARD OVERSIGHT ON TALENT MANAGEMENT AND DEVELOPMENT Talent management and development comes under the purview of the Board of Directors of the Group, specifically the Nomination & Remuneration Committee (“NRC”) supported by Group Human Resources (“GHR”). The NRC provides broad strategic direction and monitors results achieved from the implementation of strategies. The CEOs of the operating companies are tasked with driving the talent agenda in their respective companies. They are supported by GHR as well as the respective human resource functions in each operating company. GHR is tasked with developing tangible action plans and KPIs as well as the development of related policies and procedures. GHR reports to the NRC on a periodic basis, from which matters of talent management and development is then conveyed to the full Board. Recruitment & Selection Employee’s Competency and Career Development Competency Based Performance Management System Succession Planning and Management Promotions & Reward Management High Performance Culture (HPC) Internship and Management Trainee Programme Grievance Handling Code of Conduct and Business Ethics, Fraud & Whistleblowing Equal Opportunity Workplace Talent Management & Development
RkJQdWJsaXNoZXIy ODQxNzg=