TALENT AND ORGANISATIONAL CULTURE DEVELOPMENT As in previous years, beyond looking to recruit and retain talent, MYEG continues to invest in the development of local1 talents. Providing training to the employees can positively impact the employee’s career growth, creating job satisfaction in order to improve the staff morale. Additionally, training and development initiatives assist the organisation with its primary objective by transforming individual effectiveness into productivity. Periodic employee training programmes, systematically carried out by doing our Training Needs Analysis, serve as refresher courses to the employees to not only help them sharpen their existing skills but also enable the organisation to maintain a high level of internal skill and knowledge. The Industry, Training and Welfare department is charged with championing MYEG’s internal training programmes, which have 3 approaches to promote a more holistic training agenda: The traditional approach The experiential approach The performance-based approach The training staff designs the objectives, contents, teaching techniques, assignments, lesson plans, tests and evaluations. The focus in this approach is intervention by the training staff. Emphasises real or simulated situations in which the trainees will eventually operate. In this model, the objectives and other elements of training are jointly determined by the trainers and trainees. Training goals are measured through the attainment of a given level of proficiency, instead of the passing grades of the employees. Emphasis is given to acquiring specific observable skills for a task. MYEG is also investing in training local talent through internships, collaborating with local universities and through WBSJPVT PUIFS BQQSPBDIFT /PUBCMZ UIF (SPVQ JT FOHBHJOH XJUI UIF 1SPUÊHÊ QSPHSBN UP GVSUIFS DVMUJWBUF ZPVUI potential through enhancing entrepreneurial and professional skills to add value to the national economy through job opportunities or entrepreneurship. Beyond training and professional development, Management continues to emphasise the development of a conducive workplace culture that prioritises the wellbeing and satisfaction of employees. This is done through various employee engagement activities as well as cultivating a fair, safe and equal opportunity work environment that is strongly supported by Group policy such as our Human Rights policy. Further information and data on MYEG’s talent training and development initiatives, organisational culture and more can be read in the Sustainability Statement of this Annual Report. STRATEGIES TO SUSTAIN VALUE CREATION (cont’d) 54
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