ANNUAL REPORT - The Petroleum Institute

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The Petroleum Institute | Annual Report - Academic Year 2011 - 2012 Finance Committee (PIFC) twice a year to report on the new budget and the actual incurred Opex and Capex of the financial year. • Meetings are held twice a week to discuss any pending or new issues. • Oracle ERP System: Oracle for Financial Services delivers comprehensive, pre-integrated business applications, including key functionality built specifically for the PI’s financial operations. • Financial Systems and reporting: a new unit was created within the Finance Department to set, monitor and adjust the workflow of all finance transactions and processes. IV. Training and Professional Development The Finance Department supports staff development within our budget. Clearly, Finance Department employees have a responsibility to keep up-to-date with developments through private study. Where formal training is appropriate, we will provide training courses from our own resources. We can provide managerial and organizational training for courses like Supervisory Skills, Presentation Skills, Time & Stress Management, Creative Problem Solving & Decision Making, Leadership & Team Building, Effective Project Management, Developing Emotional Intelligence for the Workplace, Mastering Business & Financial Modeling. We have also created a cumulative training plan for our staff as follows: Step 1: Professional Development Program (PDP): Qualified senior staff members nominated by the department manager are selected to coach and train staff members, and each coach has one trainee. The selected coaches carry out training session and evaluate the strengths and weaknesses of their students. Based on any weaknesses, they can schedule external training courses in coordination with the Development & Training Section. Step 2: External Training: the Development & Training Section handles communication with external training sources to schedule external training. PDP coaches, the Development & Training Section and the external training institution are integrated to form a comprehensive development program so that staff members can reach their full potential. 126
A year of transformation, growth and success Human Resources Department Ms. Salama Al Ameri, (Acting) HR Manager I. HR Mission “Strive to excel in HR Services by fostering strategic partnerships with our customers and stakeholders.” HR Business Drivers: 1. Develop and maintain Policies, Processes and Procedures Manuals 2. Implement the HR System (part of ERP project) 3. Foster and promote a culture of performance excellence among staff 4. Provide employee relations support services to employees and their eligible dependents 5. Develop and implement compensation and retention strategies 6. Manage, execute and control the PI’s corporate annual training plan and budget 7. Meet manpower requirements II. HR New Employees There has been a remarkable increase in the number of our HR staff which is indicative of hectic HR activities related to hiring, retention and development programs. Mrs. Raja Mohammed Al Mamarri – Employee Relations Officer. She holds a Bachelor’s degree and has 4 years of experience in the telecommunication industry. Ms. Salama Mohamed Jaber Qassim – Sr. Competency Framework Developer. She holds a Bachelor’s degree and has 5 years of experience. Ms. Aisha Jamal Harib Hassan Alzaabi – Recruitment Officer (Developee). She has a 127
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ANNUAL REPORT - The Petroleum Institute

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