Areej Vegetable Oils was the main presenter of the workshop on ‘Managing Human Capital’ by Dr. Shyam Giridharadas, Adjunct Professor, The George Washington University and Consultant, McKinsey and Company and Prism Consulting International. Held on December 9 at Hormuz Grand Hotel, this seminar was attended by 50 CEOs and HR professionals from different industries. Sheikh Hilal bin Hamad Al Ahasani, CEO, PEIE, was the chief guest.
At the seminar, Dr. Shyam Giridharadas with his wide expertise and experience took the audience through his Human Capital Management framework, that would enable an organization to ‘unleash the power of human capital to create sustain and distinctive performance over time’.
He highlighted the centrality of human capital in the strategic growth of any organization and discussed ways for ‘authentic and inspirational leaders’ to implement effective human capital management strategies.
Mr. Prem Maker, Executive Director Areej Vegetable Oils commented: “This is a subject that demands the active involvement of top management and not delegated to HR entirely. The seminar through a case study discussion underscored how Human Capital strategy is an integral part of the overall business strategy of an organization. The seminar took us through the application of a holistic framework developed by Dr. Shyam Giridharadas for effective human capital management. At Areej Vegetable Oils & Derivatives, we believe in continuous learning and skill up gradation at all levels. We were happy to be the presenter of this seminar organized by ADINC DDB and the 12 member team that attended the seminar have come back with some valuable learning.”
Areej Vegetable Oils and Derivatives (AVOD) is amongst the 20 largest public limited companies in the country. Areej Vegetable Oils enjoys a substantial market share in Oman and its current exports are 70 per cent of the total business. It has a modern hygienic plant and manufactures and markets top quality cooking oils, ghee, margarine, specialty fats and butter products. The Company’s leading brands Minara, Sohar, Khafeef, Jabal Akhdar and Muscat Margarine are trusted names in every Omani home.