Enterprise Risk Management: Innovate & Excel
PTCL Group stands as a beacon of innovation and excellence. Under the banner of #ReadyToRise, PTCL Group has solidified its reputation as a top employer in Pakistan’s Telecom and Technology sector.
Beyond mere pioneering, PTCL Group is setting new benchmarks of excellence through its innovative solutions and integrated ICT services. This article delves into the core strategies and values that drive PTCL Group’s approach towards Enterprise Risk Management (ERM) and its vision for the future.
Setting the Vision: PTCL Group’s Commitment to Excellence
At the heart of PTCL Group’s operations lies a clear vision—to become Pakistan’s foremost technology leader and catalyst for digital transformation. This vision is not merely a statement but a guiding principle that steers every aspect of the organization’s strategy and operations. The journey towards this vision is underpinned by a set of unified core values:
- Be Resilient: Embrace challenges and bounce back stronger.
- Think Big: Foster a culture of ambitious innovation and groundbreaking ideas.
- Win Every Battle: Approach challenges with determination and a commitment to success.
- Value Success: Celebrate achievements and continuously strive for excellence.
These values not only define PTCL Group’s organizational culture but also influence its approach towards managing enterprise risks effectively.
The Role of ERM in PTCL Group: Driving Strategic Resilience
The ERM function at PTCL Group plays a pivotal role in orchestrating risk management efforts across the organization. Central to this role is the coordination with risk champions to gather Key Risk Indicators (KRIs) and devise actionable strategies for risk mitigation within a controlled environment. Additionally, ERM professionals are tasked with preparing comprehensive quarterly presentations for the Audit Committee, highlighting PTCL and Ufone’s risk profiles and mitigation strategies.
Key Responsibilities of ERM Professionals at PTCL Group
- Conducting Risk Activities: Engage in a spectrum of risk-related activities to identify, assess, and mitigate potential threats.
- Participating in Risk Reviews: Collaborate with cross-functional teams to conduct thorough risk reviews and assessments.
- Updating Risk Dashboards: Maintain and update risk dashboards to ensure real-time visibility into key risk metrics and trends.
- Supporting Etisalat Group’s ERM Initiatives: Contribute to the execution of ERM initiatives aligned with the broader goals of Etisalat Group.
- Developing Training Content: Create educational materials and awareness campaigns for risk champions and stakeholders.
- Aligning with Best Practices: Assist management in adopting industry best practices and frameworks to enhance risk management capabilities.
Qualifications and Skills Required
To excel in an ERM role at PTCL Group, candidates are expected to possess the following qualifications and attributes:
- Bachelor’s or Master’s degree from a reputable institution.
- ACCA qualification or CA Finalist status.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal abilities.
- Proven track record of collaborating across diverse teams.
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Workplace Culture and Policies
PTCL Group prioritizes a family-friendly workplace culture that fosters work-life balance and employee well-being. This is reflected in policies such as extended maternity and paternity leaves, as well as the adoption of a hybrid work model to promote flexibility and fulfillment among employees.
Conclusion
In conclusion, PTCL Group’s commitment to excellence and innovation extends beyond its core business operations to encompass robust Enterprise Risk Management practices. By embracing a culture of resilience, embracing challenges, and valuing success, PTCL Group is poised to lead Pakistan’s technology landscape into a future defined by digital transformation and strategic resilience.
