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It’s human capital which can make or break business

November 27, 2014
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MANAMA: Continuous emphasis on training and development and the right team serve as a key to make or break any organization, according to Tim Murray, CEO Alba.

Murray was speaking during the Executive Industry Panel Discussion comprising CEOs of GCC Smelters moderated by Mutalaq H. Al-Morished, Executive Vice President, Corporate Finance and Chief Financial Officer, SABIC.

He said development of human capital and nurturing the future leadership would continue to be cornerstone of Alba’s strategy. “Development human capital should be seen as part of 5 to 10 year plan of Alba with core emphasis on developing the leadership. The key challenge remains for large organization like Alba how to find, develop and put in place right people in right place,” Murray emphasized.

Talking about the succession plan he said that it important to implement a real succession plan with leadership development in the pipeline to keep the organization moving in the right direction.

“What we have done in Alba is creating a sense of ownership among employees as being an owner you can’t think of misusing the resources including the finances hence creating a culture of integrity,” he said.

“Alba welcomes the representatives of leading companies from the region and across the globe present here today for Arabal 2014. This year’s focus will be on the strengths and challenges faced by the Middle East aluminium industry and its poised growth for the future, which will be through discussion panels, workshops, and key note presentations by industry experts and professionals. We thank you all for joining us in the Kingdom of Bahrain for a significant event such as Arabal and wish you all a rewarding experience during the event,” Alba’s Chief Executive Officer, Tim Murray in his welcome address, said.

Tags: Arabal 2014Tim Murray
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