Together good things happen - Airtel

Together good things happen - Airtel Together good things happen - Airtel

05.06.2013 Views

Together good things happen In a high-tech sector like telecom services, Bharti Airtel treats its people as the most valuable asset and deploys them in staying ahead of its peers and delivering the brand experience to its customers. By creating a vibrant culture of opportunity and reward, it strives to attract and retain talent. The Company ensures there is adequate personal recognition and the employee's level of motivation and commitment is kept up. In order to facilitate continual training and skill improvements, Excellence Academies were created in 2009-10. Specific Academies have been formed within Bharti for the purpose – Marketing Excellence, Network Excellence, Supply Chain Management Excellence and Finance Excellence Academy. Customised learning programs were created with partners like – IIMs and ISB. These programs are highly customised for Airtel and built through a rigorous procedure of needs identification, content scoping, use of the right learning methodologies and integration of learning inputs with the functional and business specific skill sets. At Bharti Airtel the thrust is on overall ‘Capability Building’ of its people where-in, a wide array of programs are designed for employees across the organisation. Leadership Development Program (LDP) under Centre for Creative Leadership (CCL), Leadership in Action (INSEAD), Airtel Emerging Leaders Program and Future Business Leader Program are some of the programs for the leadership people in the organisation. For the middle management people, the programs such as Managing Partnerships, Building Collaborative Relationship, Achieving Business Success and Delighting the Customer add to the overall capability of the people. Effective people management is identified as a key factor for employee delight. Bharti Airtel has placed emphasis on developing People Managers and has devised specific programs to ensure that its teams can experience the joy of work. Some of these include: Winning Through People People management skill for 1st time managers Accelerating Performance through People Effective team management Interviewing Skills Program For selecting the right talent Performance Management Workshop For effective assessment of Key Result Areas (KRA’s) There are also unique opportunities for employees to be selected for a one-on-one interaction with a top management executive for a couple of hours. It fosters a better understanding and creates a feeling of proximity across the organisation structure. “Reverse mentoring” is another such initiative in which top employees The company once again won laurels at the Frost and Sullivan Asia Pacific ICT Awards, winning the Service Provider of the year 2009 and Best Wireless Service Provider. Making this possible is the training and HR activity which maintains team spirit and brings people together. management gets a chance to learn from a younger manager. The topics of interest range from dance & music to new technological developments, selected basis the interests of the mentor and the mentee. Employee communication is facilitated through blogs and informal meetings as well. The awards such as “Best people manager” & “Achievers Club” for the teams create an environment of healthy competition among the employees. The Gallup survey principles are followed rigorously throughout the organisation and prove to be the key differentiators for high performing teams. The intensity of belonging to Airtel family gets reflected in the enthusiasm for CSR activities among the rank and file of the organisation. People willingly devote their energy and extend their support to the cause of the underprivileged children's programmes, and greening of the environment. Celebrations are a huge opportunity for team bonding. Bharti Airtel ensures that the achievements are shared and celebrated among all the teams. When the milestone of 100 mn customers was crossed, there was a week-long celebration in the Airtel Centre in New Delhi. It was a toast to the spirit of excellence and bonded the people together in the joy of a collective accomplishment. Large-scale participation in the regular Airtel Half Marathon and the Great Delhi Run (7 km) and other outdoor activities indicates the energy levels and enthusiasm of its people to take the field and sweat it out with grit and glory. The emphasis on camaraderie and goodwill strengthens the value system to prevail and be in practice in intra-company as well as customer-facing relationships. It is how the brand sets store by good vibes happening between individuals and teams.

Bharti Airtel Annual Report 2009-10 Together good things happen investors Proactive would be the right word to describe Bharti Airtel's approach to disclosures, interaction with analysts, and investor relations. It consistently looks beyond mere compliance requirements and fulfils the highest international standards. In order to bring transparency and adhere to best practices beyond compliance, some of the initiatives Bharti Airtel takes are: As per the listing agreement, while the Company has an option to submit either audited or unaudited quarterly and year to date financial results to the stock exchange, company has opted to furnish the audited accounts. In addition to the preparation of the financial statements under Indian GAAP as per the statutory requirements, the Company also prepares quarterly as well as annual financial statements under US GAAP, which are duly audited The Company will soon lead in IFRS accounting as well The Company has laid down a roadmap to comply with provisions of Sarbanes-Oxley (SOX) Act. a US federal law enacted on July 30, 2002, also known as the 'Public Company Accounting Reform and Investor Protection Act' and 'Corporate and Auditing Accountability and Responsibility Act' Bharti Airtel has a auditor rotation policy approved by the Board for Statutory as well as Internal Auditors. The Company displays adequate disclosures and transparency in its quarterly reports and shares optimal information to the extent permitted by the regulation and/or the competition. Frequent and transparent communication with investors keeps the Company closer and accessible to the investors. The Company conducts frequent interactions with stakeholders through personal meetings and/or through conference calls. Then there are conferences hosted by leading global brokerage houses which are a common ground to meet with a lot of investors – current as well as prospective. The Company aims at attending at least 10 such conferences across geographies every year, in order to ensure maximum reach to various profiles and classes of investors. In order to ensure better accessibility to its stakeholders, company has also created an email drop. Most of the meeting /interaction management processes at its end have been streamlined and automated via feed through this email and hence requests are easier to get right attention and execution. As a responsible corporate, interaction with opinion makers is equally important as they serve the interest of investors. The Company is aligned on day-to-day basis with majority of the analysts and research desks. It provides right information, which is transparent in nature while letting them form their own informed opinion. In case of major industry/company related developments, the Company attempts to provide them insights from it’s perspective. It also tries to disseminate important press releases which may be relevant to investing community. Company’s website is also kept updated with all shareable information almost on a real-time basis. As a commitment towards highest level of corporate governance, the Company stays away from interactions during the silent period which starts from the close of the business on the last day of the quarter till the declaration of results for that quarter. 23

<strong>Together</strong> <strong>good</strong> <strong>things</strong> <strong>happen</strong><br />

In a high-tech sector like telecom services, Bharti <strong>Airtel</strong> treats its people as the most valuable asset<br />

and deploys them in staying ahead of its peers and delivering the brand experience to its<br />

customers. By creating a vibrant culture of opportunity and reward, it strives to attract and retain<br />

talent. The Company ensures there is adequate personal recognition and the employee's level of<br />

motivation and commitment is kept up.<br />

In order to facilitate continual training and skill improvements, Excellence Academies were created<br />

in 2009-10. Specific Academies have been formed within Bharti for the purpose – Marketing<br />

Excellence, Network Excellence, Supply Chain Management Excellence and Finance Excellence<br />

Academy. Customised learning programs were created with partners like – IIMs and ISB. These<br />

programs are highly customised for <strong>Airtel</strong> and built through a rigorous procedure of needs<br />

identification, content scoping, use of the right learning methodologies and integration of<br />

learning inputs with the functional and business specific skill sets.<br />

At Bharti <strong>Airtel</strong> the thrust is on overall ‘Capability Building’ of its<br />

people where-in, a wide array of programs are designed for<br />

employees across the organisation. Leadership Development<br />

Program (LDP) under Centre for Creative Leadership (CCL),<br />

Leadership in Action (INSEAD), <strong>Airtel</strong> Emerging Leaders Program<br />

and Future Business Leader Program are some of the programs<br />

for the leadership people in the organisation. For the middle<br />

management people, the programs such as Managing<br />

Partnerships, Building Collaborative Relationship, Achieving<br />

Business Success and Delighting the Customer add to the overall<br />

capability of the people.<br />

Effective people management is identified as a key factor for<br />

employee delight. Bharti <strong>Airtel</strong> has placed emphasis on<br />

developing People Managers and has devised specific programs<br />

to ensure that its teams can experience the joy of work. Some of<br />

these include:<br />

Winning Through People<br />

People management skill for 1st time managers<br />

Accelerating Performance through People<br />

Effective team management<br />

Interviewing Skills Program<br />

For selecting the right talent<br />

Performance Management Workshop<br />

For effective assessment of Key Result Areas (KRA’s)<br />

There are also unique opportunities for employees to be selected<br />

for a one-on-one interaction with a top management executive<br />

for a couple of hours. It fosters a better understanding and<br />

creates a feeling of proximity across the organisation structure.<br />

“Reverse mentoring” is another such initiative in which top<br />

employees<br />

The company once again won<br />

laurels at the Frost and Sullivan<br />

Asia Pacific ICT Awards, winning<br />

the Service Provider of the year<br />

2009 and Best Wireless Service<br />

Provider. Making this possible is<br />

the training and HR activity<br />

which maintains team spirit and<br />

brings people together.<br />

management gets a chance to learn from a younger manager.<br />

The topics of interest range from dance & music to new<br />

technological developments, selected basis the interests of the<br />

mentor and the mentee. Employee communication is facilitated<br />

through blogs and informal meetings as well.<br />

The awards such as “Best people manager” & “Achievers Club”<br />

for the teams create an environment of healthy competition<br />

among the employees. The Gallup survey principles are followed<br />

rigorously throughout the organisation and prove to be the key<br />

differentiators for high performing teams.<br />

The intensity of belonging to <strong>Airtel</strong> family gets reflected in the<br />

enthusiasm for CSR activities among the rank and file of the<br />

organisation. People willingly devote their energy and extend<br />

their support to the cause of the underprivileged children's<br />

programmes, and greening of the environment.<br />

Celebrations are a huge opportunity for team bonding. Bharti<br />

<strong>Airtel</strong> ensures that the achievements are shared and celebrated<br />

among all the teams. When the milestone of 100 mn customers<br />

was crossed, there was a week-long celebration in the <strong>Airtel</strong><br />

Centre in New Delhi. It was a toast to the spirit of excellence and<br />

bonded the people together in the joy of a collective<br />

accomplishment. Large-scale participation in the regular <strong>Airtel</strong><br />

Half Marathon and the Great Delhi Run (7 km) and other<br />

outdoor activities indicates the energy levels and enthusiasm of<br />

its people to take the field and sweat it out with grit and glory.<br />

The emphasis on camaraderie and <strong>good</strong>will strengthens the<br />

value system to prevail and be in practice in intra-company as<br />

well as customer-facing relationships. It is how the brand sets<br />

store by <strong>good</strong> vibes <strong>happen</strong>ing between individuals and teams.

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