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Business News of Wednesday, 8 October 2014

Source: Daily Guide

Ghana HR holds conference

HR Focus Magazine, the first and only Human Resource magazine published by L’AINE Services Limited, recently held its annual Ghana HR Conference in Accra.

Under the theme, ‘The Role of HR in Maximizing Organizational Effectiveness,’ the well-attended event is part of L’AINE Services Limited’s corporate social responsibility to bridge the gap between academia and industry and its contribution to the development of human resources in Ghana.

In her welcome address, the Chief Executive Officer (CEO) of L’AINE Services, Dr. Ellen Hagan, reiterated the need for human resource professionals to identify changing trends that are associated with their work in order to make the necessary impact in their organizations.

Making a presentation on the topic, ‘Organizational Excellence; Does the Culture Support the Mission,’ HR Director of Airtel Ghana, Tina Muparadzi said, “The concept of healthy organization is motivated by a culture of concern for employees plus a strategic concern for customers to produce an aligned culture to deliver expected results.”

The second presentation, delivered by Stendert Krommendam, HR Director, West Africa, was on Business Transformation.

Mr. Krommendam hinted that “as a response to demand for increased performance, cost reduction and the changing needs of the workforce, 81% of organizations have undergone a major transformation in the last 12 months. In an attempt to improve both efficiency and cost, more than 80% of HR functions have just completed, are undergoing, or are planning a transformation initiative. Despite the recent prevalence transformation, only 30% of projects succeed in delivering the forecast benefits and sustained cost savings for two years post-implementation.”

Clement Wiredu, Director of the Ghana Institute of Consulting, also spoke on “retaining your Top Talent in organizations.’

He explained that “top talents leave an organization when they are badly managed and the organization is confusing and uninspiring. Successful companies know how to lessen employee turnover by knowing what makes their high performers fulfilled in their jobs and then working even harder to make sure those needs are met.”

As part of the event, an ACCA Career Development Session was also held simultaneously at the University of Ghana Business School Auditorium with speakers including Samuel Boafo, Joycelyn Mends-Ainoo and Mr. Abeeku Entua-Mensah.

A special presentation was made by StarLife Assurance, Headline Sponsor of this year’s Ghana HR Forum and ACCA.

Other sponsors included Jospong Group of Companies, Tullow Oil, UniBank, Unilever, Cal Bank, Airtel, Enterprise Life, Lando, Daily Graphic and Citi FM.