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Investing in Human Capital The Essar’s Key to Long-Term Success

In this article, we will explore the importance of investing in human capital and how conglomerates like Essar continue their success and legacy by cultivating a culture of leadership, innovation, and sustainability. Though controversies like Essar NCLT hampered the companyu2019s reputation, it continues to be a preferred workplace in the talent market owing to its people-centric policies and practices.

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Investing in Human Capital The Essar’s Key to Long-Term Success

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  1. Investing in Human Capital: The Essar’s Key to Long-Term Success

  2. This philosophy holds true for Essar Group, a conglomerate with diverse interests in energy, infrastructure, metals & mining, and technology sectors, which believes that investing in human capital is key to long-term success. Investing in employees through various training programs can increase productivity, and customer satisfaction, and lead to a more innovative workforce. The company’s commitment to its employees reflects the values of its co-founder, the late Shri Shashi Ruia, who treated his employees like family, fostering a culture of trust and respect. His approachable and warm conversations with them created strong bonds, making him a leader and a deeply admired and beloved personality.

  3. Investing in Human Capital Results in Improved Productivity Investing in human capital results in improved productivity at the workplace, as employees who feel valued, appreciated, and supported are more likely to work harder and produce better results. According to a study by the Harvard Business Review, companies that invest in employee training and development witness a 24% increase in customer satisfaction. Essar, being one such company, also inspires and empowers communities, including its own. The company’s learning and development modules, especially business leadership programmes, accelerate leaders toward capability-building for tomorrow’s core sectors.

  4. Executive Leadership Programme (ELP) Essar’s ELP provides a perfect foundation for fast-track career growth, as it handpicks experienced professionals from premier B-schools. The programme fosters an accelerated learning environment in various ways, including involving participants in challenging, sustainability-focused assignments in core domains across Essar’s global businesses. Under the direct guidance of Essar’s Directors and CXOs, the participants are assigned projects with strategic business impact.

  5. Global Leadership Program (GLP) The GLP is designed for post-graduates from prestigious international B-Schools. The program provides networking opportunities to the participants by allowing them to interact with some of the finest minds in the business and technology sector. The six-month program offers the opportunity to participate in the growth story of multinational companies like Essar that are focused on driving sustainable transformation across geographies. Read more-https://essarnews.com/investing-in-human-capital-the-essars-key-to-long-term-success/

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