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People come first
Nasser Said al Bahantah is a firm believer in the primacy of
human resources for the growth of any company. Mayank Singh reports
A Business Administration graduate from Yarmouk University, Jordan,
Nasser Said al Bahantah, deputy general manager, chief human
resources manager, NBO took up a career in human resources (HR) as
he sees it as the most challenging part of any organisation. Though
HR is usually seen as the soft side of business, while financial and
fiscal (property, machines) matters are considered the hard side,
Nasser says, “It is the only part of the organisation that makes a
difference. You can have all the machinery and money, but if you do
not have the qualified staff a company is bound to fail. Management
is the process of combining human, financial and fiscal resources to
produce the goals of the company.”
Starting his career with BankMuscat in June 1990, Nasser went on to
work with Shell, Schlumberger in Abu Dhabi, Omantel and Bank Al
Jazeera in Jeddah, Saudi Arabia. A good HR manager should have the
knowledge of HR functions like recruitment, selection etc, but more
than that he should understand the nature of the business and its
strategy. “To build credibility it is important to have execution
capability, when you say something , it needs to be backed by
delivery,” says Nasser.
As people get retrenched all over the world in the wake of the
financial crisis, the credo about people being the most important
part of any organisation seems to have a hollow ring. With people’s
costs being the biggest cost in any organisation, the first instinct
of any organisation in the face of a crisis is to cut people’s cost.
Says Nasser, “There are better ways of managing costs, world-wide
companies have managed to reduce costs without large lay-offs, by
taking an innovative approach like allowing people to work from
home, giving them unpaid leave etc. Unfortunately we see leaders in
financial institutions across the globe being driven by short term
results rather than taking a long term view.”
Leisure time
Conscious about his health, Nasser walks for an hour on the
Intercontinental beach. “I have 90 per cent success,” he says in
jest. An occasional game of tennis and swimming are the other sports
that he pursues. A modest eater, Nasser tries to stick to an
organised diet. Apart from sports he likes reading during his free
time. Books on management and economy being his first choice. He is
currently reading Jim Collins, From Good to Great.
A nature lover, he likes camping outdoors with his friends and
family. “Oman has so many beautiful beaches and wadis,” he says.
When it comes to travelling overseas he is partial to Africa and
Asia. “As I have travelled extensively in the US and Europe on work,
it is too familiar, going to other places gives the feel of a
holiday.” Malaysia remains an abiding favourite due to its rich
culture. “I went to China last year and found it to be different and
exciting.” Weekends are spent in the company of his three children
either watching movies, dining out or driving out of Muscat to
places like Nakhal, Rustaq, Nizwa, Sohar etc. “Weekends are for the
family and I would not go to work unless there is something urgent,”
he avers.
Looking back at the influences that have shaped him he says, “The
greatest lesson that I learnt from my father, Sheikh Sayyid was to
treat people fairly, respect them, help others and to work hard.”
Nasser has not just imbibed these but has turned out to be a
inspiring example of these values.
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April - 2009 |
| Cover
Story |
GROWTH IS THE KEY
The OER-Gulf
Baader Capital Markets survey underlines the strengths and
challenges facing the biggest Omani banks in the Sultanate |
| Other
Headlines |
Friendly run or fierce
race?
It is going to be two new plus two old mobile service providers
in the country very soon but will it add up perfectly for the
calculative end user? We will find that out very soon, says Visvas
Paul D Karra |
On higher ground
An increasing number of
mid-level executives are opting for educational courses to
upgrade their knowledge base and skills. Mayank Singh reports |
Under Control
HE Ahmed bin Abdulnabi Macki, Minister of National
Economy and Deputy Chairman of the Financial Affairs and Energy
Resources Council, shares his thoughts with OER on the economic
health of the Sultanate vis-à-vis the fall in oil prices and the
global financial crunch
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New giant on the
block
We try out Toyota’s largest SUV to see if it has what it
takes to hold its own in Oman |
Catalogue of growth
Taiwan is in an upbeat
mood about beating the slowdown thanks to a slew of policies
initiated by the Taiwanese government. A catalogue exhibition in
Muscat comes at the most opportune time adding to this new-found
exuberance, writes Visvas Paul D Karra |
|
People focus
Hamed Al Tamami, Managing Director, Future Match Human
Resources Consultancy speaks to OER about the firm, its plans
and the need for a new approach towards HR |
Keen to Green
The potential for solar power was flagged in June 2008 with
the release of the country’s first extensive study on the
feasibility of renewable resources, undertaken by the Authority
for Electricity Regulation, Oman (AERO). It concluded that even
despite the higher cost of capital, solar power should be
utilised for electricity and water production |
People come first
Nasser Said al Bahantah is a firm believer in the primacy of
human resources for the growth of any company. Mayank Singh reports |
Bullish
case for Saudi shares
Saudi Arabia will be the best
performing Gulf stock market in 2009 as Saudi banks are least
dependent on offshore wholesale funding in the Euromarkets as the
MTN market is still not open to emerging markets bank borrowers plus
there are no structural property or finance issues in Saudi Arabia,
unlike Dubai’s external debt or Kuwaiti investment companies |
Doing business in
Singapore
Strategic location,
excellent connectivity, world-class airport and seaport
facilities, strong business support, a skilled workforce and a
stable political environment are major draws for global
businesses to site their headquarters in Singapore |
Strokes of serenity
A spa massage is a
quick way to de-stress yourself producing both physical and
mental benefits for the soul and body, says Dev of Grand Spa |
Steady governmental
spending in Saudi Arabia
As 160,000 nationals enter Saudi Arabia’s job market
annually, the government is hoping that stronger spending along
with resulting improvement in economic conditions will help the
kingdom to address its high unemployment levels |
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Does the present
downturn offer a good opportunity to invest? |
| Regulars |
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