Thursday, February 27, 2020

Human Resource Management Strategy at Omantel Essay

Human Resource Management Strategy at Omantel - Essay Example Omantel is a prominent telecommunications company in Oman, charged with the role of uniting individuals, families and businesses. It has contributed in uniting the Omani community as well as enhancing global connection. According to the Omantel Annual report 2011 (23), as well as 70% of the respondents, the managerial roles of the Omantel Group are entrusted to the board of directors. This board is composed of eight members, six of whom represents the government function; inclusive of the Board Chairman. The remaining two members are elected by the private sector shareholders during the annual general meeting. This board approves the financial and business policy of the organisation to ensure that the objectives of the company are achieved and the shareholder value is maximised. The board is also charged with the responsibility of presiding over the internal activities of the company and specifying the responsibilities of the executive organisational arm. Other roles include evaluation of the company performance, nominating members of any subcommittees and specifying their roles, appointing the Chief Executive Officer and reviewing the interim annual financial statements. The board of directors prov ides the members of the various committees that completes the management function of the company; executive committee, human resource committee, audit committee and regulatory committee.... Omantel is a prominent telecommunications company in Oman, charged with the role of uniting individuals, families and businesses. It has contributed in uniting the Omani community as well as enhancing global connection. According to the Omantel Annual report 2011 (23), as well as 70% of the respondents, the managerial roles of the Omantel Group are entrusted to the board of directors. This board is composed of eight members, six of whom represents the government function; inclusive of the Board Chairman. The remaining two members are elected by the private sector shareholders during the annual general meeting. This board approves the financial and business policy of the organisation to ensure that the objectives of the company are achieved and the shareholder value is maximised. The board is also charged with the responsibility of presiding over the internal activities of the company and specifying the responsibilities of the executive organisational arm. Other roles include evaluation of the company performance, nominating members of any subcommittees and specifying their roles, appointing the Chief Executive Officer and reviewing the interim annual financial statements. The board of directors prov ides the members of the various committees that completes the management function of the company; executive committee, human resource committee, audit committee and regulatory committee.

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