Page 85 - index
P. 85

83

                                                                                                                  StarHub Ltd Annual Report 2015

03                                     04                                     05                                  Overview

Legal & Regulatory                     Human Resource                         Partnership                         Strategy
StarHub faces a dynamic legal          Human resource is a significant        StarHub works with partners
and regulatory landscape in            StarHub asset. Hiring, growing         in various aspects of its info-
the local technology and info-         and retaining talented,                communications business and
communications sector. In recent       experienced, innovative and            also forms strategic partnerships
years, regulators have lowered         passionate people are vital and        with key vendors and other
the barriers for new entrants in a     strategic factors to the company’s     complementary service providers
competitive and highly saturated       success. In a tight labour market,     to expand its footprint and serve
local market. As part of our           it poses an additional challenge to    new market segments. This
operations, we are also exposed        recruit the right people with the      exposes us to potential supply
to litigation risks, from regulators,  right skill sets.                      chain risks.
customers and suppliers.
                                       Mitigation                             Mitigation                          Performance
Mitigation                             We regularly invest in developing      Our senior management regularly
StarHub engages with                   our people with ongoing training.      engages with key partners and
regulators by participating in         Retention strategies are in place      plays an active role in sustaining
consultations conducted by the         to minimise employee turnover          the strength and commitments
relevant government ministries         including talent and performance       of our strategic relationships
and authorities, to safeguard          management, competitive                and joint ventures. We have
StarHub’s long term interests and      remuneration, recognition and          established service standards,
competitiveness.                       reward programmes and fast-            training programmes, and
                                       tracking of high-performance           feedback mechanisms to drive
Our in-house legal and regulatory      employees. Human resource              consistent and desirable service
support functions provide prompt       policies and functions are also in     standards from our partners.
advisory and guidance to ensure        place to support, attract, retain and
that internal stakeholders are         grow talent, as well as to create a
aware of and comply with the           conducive work environment.
existing and new legislation and
regulatory obligations.                We also have succession
                                       planning programmes to mitigate
                                       key employee risks.                                                        Governance & Sustainability

                                                                                                                  Financials
   80   81   82   83   84   85   86   87   88   89   90