Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Ernst & Young holds seminar on HR in Kuwait  Join our daily free Newsletter

MENAFN - Arab Times - 11/02/2013

No. of Ratings : 0
Add to Mixx!


A section of seminar attendees
(MENAFN - Arab Times) Ernst & Young organized a complimentary seminar for local Human Resource (HR) professionals titled "New Era of Human Resource & Training Management" on Sunday at Holiday Inn Hotel in Salmiya.

The half-day breakfast event, aimed at introducing new trends in Human Resource and Training Management, was attended by over one hundred people, mostly top and mid-level HR professionals, managers and other interested parties. Issues covered included talent development, the new direction of corporate training as well as measuring the return on investment on corporate training programs.

Speaking to Arab Times on the sidelines of the seminar, Ernst & Young Audit Partner in charge of Middle East and North Africa, Nadeem Shafi while expressing his firm's delight to offer such a unique and leading edge event to the HR professional community in Kuwait, also reiterated that Ernst & Young has taken this initiative to provide a learning platform on a regular basis for the firm's valuable Human Resource executives to gain some benefit its experienced subject matter experts as well as some other colleagues to exchange views on best local practices. "We hope that this will make them take steps to make changes in respect of certain HR practices in their organizations," Shafi added.

In his intro to the seminar, Shafi indicated that globally HR departments are going through a time of tightening budgets against increased demands from executive management, an environment which dictates that today's HR professionals need to expand their traditional administrative-focused roles and acquire skills that will enable them to strategically align HR operations with corporate goals.

And to achieve this, the Ernst & Young MENA boss stated that it's vital that HR managers have the ability to develop staff skills based on company-specific competency frameworks and implement targeted corporate training programs in the most appropriate format-classroom, e-learning or blended.
Ensuring that training is efficient and effective is also one of the key parameters in the context of the new role assumed by the HR professionals. Setting measurable Key Performance Indicators (KPIs) throughout the organization will also allow for all training initiatives to be targeting specific outcomes, which can be evaluated and presented in the form of monetary return on investment (ROI).

On other reasons for the event, Shafi noted that historically "we've felt that HR professionals in Kuwait don't get trained in the latest methods of how an HR function should be. This seminar is to introduce them to some of the latest thinking in HR practices because at the end of the day, organization is about people. They need to focus on how people are developed, through learning development, especially in Kuwait and the GCC region there is a huge focus on nationalization and increasing the skills of the local populations that they really need to play a key role in developing these people to become the future leaders in Kuwait and the wider GCC region". While Ernst & operates in over 150 countries with total manpower strength of one hundred and sixty seven thousand people worldwide, the Kuwait office, in its 60th year, is one of the firm's offices worldwide to have organized such complimentary seminars for HR professionals as part of its effort in training locals in HR.

The three key speakers at the seminar included Ms. Nadia Hashem, Dimitris Tolis and Yiannos Ashiotis who with their international and local experience addressed all the topics providing global best practices and trends. Ernst & Young (Al Aiban, Al Osaimi & Partners), the largest professional services firm in Kuwait auditing one-third of all listed companies including all commercial banks and providing tax services to approximately 70% of the market, was established in Kuwait in 1952. Today, it operates with 9 partners, and over 300 professional staff.

The Kuwait office, now in its 60th year, offers a wide variety of professional services, including Assurance Services, Business Risk Services as well as Tax and Business Advisory Solutions. The firm's client base covers several industries including energy, banking, trading and telecom, manufacturing, service and government sectors.


  MENA News Headlines

Live Currency Rates



Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Investment Game
Economic Calendar
Financial Glossary

Portfolio Tracker


Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help