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7 November 2002
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BEYOND BOARDROOMS

 


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.
 


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
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
Does the present downturn offer a good opportunity to invest?
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