MISC Annual Report 2018

PEOPLE DEVELOPMENT People are particularly important to MISC Group because we operate within two highly cyclical, volatile and unpredictable environments - the oceans of our planet and the global oil and gas industry. Our business of moving energy must take into account the continual flux of the oceans, and at the same time, we must also deal with the ever changing world of oil and gas, with its rapid cyclical changes in pricing and demand. Our most important asset, and the key factor that has sustained us over the past 50 years, is our people. It is our people who ride out the storms, and develop new concepts and ways of making our business better. It is our talented workforce, made up of more than 8,500 sea and shore professionals from all corners of the globe, who take steps day after day to understand and serve our clients better. They make continued efforts to improve our technology and efficiency and to contribute to the sustainability of our industry, and ultimately to build a better world. Within MISC Group, our Human Resources division is tasked with nurturing and developing our shore employees, whilst our Integrated Marine Services segment, Eaglestar nurtures and develops our seafarers. Collectively, they look after employee welfare and talent sourcing, as well as facilitating personal development and career progression. By recruiting, developing and retaining the right talent, MISC Group aims to create a highly engaged workforce with emphasis on enthusiasm, performance and excellence. MANAGEMENT DISCUSSION & ANALYSIS PEOPLE DEVELOPMENT HIGHLIGHTS OF THE YEAR OUR BUSINESS OUR LEADERSHIP OUR PERFORMANCE OUR COMMITMENT TO SUSTAINABILITY OUR GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION 50 TH ANNUAL GENERAL MEETING 129 MISC BERHAD ANNUAL REPORT 2018 128