Investing in People
MITTS Ltd invests strategically in its training budget as it believes that its capacity to effectively deliver can only be as good as its intellectual capital
The drive to manage by Values began in 2002 when the five core company Values were conceived through an active process of employee participation. While the Values launched and actively promoted in 2003, throughout 2004 MITTS Ltd intensified the drive to instil these Values in its people’s hearts and minds at all levels, from the Board of Directors down to students attached to the organisation. Stylised representations of the five core Values were displayed in conspicuous and strategic points of the premises. Internal HR processes such as performance appraisals and policies were aligned with the Value system. The Values have since even been adopted as criteria for the selection of the annual MITTS Ltd awards scheme. Teambuilding events too were organised to revolve round the five core Values. Empowering Middle Managers Seeking to empower middle managers and uplift their skills to a level that is consistent across the company, the Management Development Programme (MDP) that was begun in 2003, was on the following year re-evaluated and reinforced. From the foundation phase of a classroombased academic model, it was taken to the next level: a master-classes model where a number of topics were identified, and individual speakers were invited to deliver sessions on designated core modules relating the ensuing discussion to the everyday realities of the organisation. This new model proved successful and has borne its first fruits in this year’s performance appraisals. Training with a Higher Return on Investment Training is one of the main instruments used by the company to ensure that its workforce is continuously skilled, professional and freshened up on all the latest technologies and methodologies so that the best possible solutions are delivered to its clients. MITTS Ltd invests strategically in its training budget as it believes that its capacity to effectively deliver can only be as good as its intellectual capital. Annual training needs analyses are conducted to ensure that training
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: mitts ltd Annual Report 2004