“The greatest risk lies in not knowing what you don’t know. In a fast changing marketplace, this trap seems to be so open and so wide.” The global business scenario has undergone a paradigm shift in the last few years. It is not a game of big beating small anymore. It will be the fast beating the slow.
Being in the business for over thirty years and a reputed name in the EPC sector, Petron Engineering Construction Ltd. believes in the ability to learn faster than the competitors as this may be the only sustainable competitive advantage. The last two years have been the most eventful years in thirty years of the company’s history. With the acquisition of Petron Engineering Construction Ltd. by KazStroyService in January 2008, a new chapter unfolded in the group. It not only provided an opportunity to be a part of a multinational EPC giant, but it also shaped the way Petron Engineering Construction Ltd. would redefine its business and to have strong foothold in the global arena.
As always, people have been in the forefront of this transformation. Our belief in our people and their competencies synergized with the overall business objectives, has been the key driver of our HR framework.
The transformation process which began in early 2008 with many professionals joining Petron from reputed names of the engineering and construction industry is still unfolding with restructuring of the organization to tune it further to the business needs. The ingrained faith in a professional approach to work ensures a healthy work life balance for employees at all levels. Innovation and creativity is redefined at Petron. It stands out prominently in the core values of Petron Engineering Construction Ltd. Employees are encouraged to think out of the box, brainstorm on critical issues and take calculated risks in making decisions. Being a professionally managed group, Petron Engineering Construction Ltd. culture fosters professionalism from the induction stage itself.
With a robust IT system in place, the Human Resource policies are available to all employees through the intranet. The policies are revised periodically so as to align with the business needs and the market scenario in the construction industry.
Petron Engineering Construction Ltd. believes in a performance oriented culture. The annual business plan translates into the corporate business objectives which further get translated into the departmental goals. These become the Key Result Areas of the department heads which then are percolated as KRAs of employees working in the department. The annual appraisals are based on the goals set at the beginning of the performance calendar year. An environment of openness and trust provides a perfect platform for an objective performance management system.
Learning and development is a part of life in Petron Engineering Construction Ltd. With lot of impetus on developing individual competencies, the group is committed to elevate the knowledge and skills of its employees. With a combination of short and long term training programs ranging from technical, behavioral and functional like project management etc, Petron Engineering Construction Ltd. is well poised to enter the next league with a competent workforce.
The underlying principle of the human resource department in Petron Engineering Construction Ltd. "To be successful, you have to have your heart in your business and your business in your heart."
With this spirit, Petron Engineering Construction Limited team embraces every new challenge and steers its path to the top.