GHCl Digest - JANUARY 2018

Issue 93, February edition
3
Dear Friends,
We are in the middle of a modern industrial revoluon – a
new age of human exploraon. In the coming years, advances
in Arficial Intelligence and Internet of Things are
likely to revoluonize business models in many industries,
which is likely to have a posive impact on the world
economy.
Historically we have also seen that many industrial advancements have wiped out enre industries that
were not prepared for it. Out of my experience, I have come to believe that Operaonal agility is most
essenal in order to keep up with the speed of change and need to pivot across all areas of business. At
GHCL, as you are already aware, we are going forward with the right speed in this regard. And our leading
pace has always been accredited to our culture, with a deep understanding that in order keep up
with the volale environment we must reflect on our internal working culture.
We are constantly working towards enhancing our culture so that it becomes our USP in the market
through our unique HR policies and pracces. Herein, I would like to menon the recent amendments
and addions in our leave policy like the Annual rejuvenaon leave for a minimum of 10 days, Parent
caring leave, Child Vaccinaon leave, etc, which gives employees ample opportunies to take care of
their family and professional responsibilies in a balanced way and help in building a culture of mutual
Trust and Respect.
Coming back to the operaonal issues, we have some more me leB to make up for any lapses and end
the financial year on a truly sasfying note. The core acvies of producon and sales are going on
smoothly. Projects which are underway are also being given full aCenon to avoid me and cost overruns.
All other supporng funcons are also delivering in a very effecve manner facilitang achievements
in the core operaons. Role of people in all these acons is the most important and I can feel the
energy and enthusiasm across our rank and file. We are hoping for more stability in external environment
from now on.
Moving forward, the new challenge in front of us is to build the company's next generaon of earning
drivers. And for that we need to invest me and may be some other resources on deploying new ideas,
processes and pracces in our leadership style, operaonal issues and people management so that the
correct ambience is created and maintained to move ahead of others in each of our business areas.
Success there will ensure that GHCL connues to create sustainable corporate value by simultaneously
generang economic, societal, and environmental value.
My best wishes to everyone on the auspicious occasion of Maha Shivratri. May the Divine Blessings stay
with you forever.
Warm Regards
RS Jalan