| Supply Chain Networking and
Human Rights
ITC’s products are
benchmarked, both nationally and internationally. This necessitates the use of
state-of-the-art technology. All significant technologies and equipment are sourced from
reputed international and Indian manufacturers and suppliers.
The Company’s major businesses are
vertically integrated across several Divisions. A substantial part of the supply chain
network is internal. Common values, relating to human rights performance, are shared
across the entire supply chain.
Local service providers and suppliers are
chosen based on competence and competitiveness. The Company forms mutually beneficial
relationships with all its associates and constantly sustains and strengthens them to
enhance their strategic and operating capabilities. ITC, in turn, ensures that it captures
superior value for all its stakeholders. Each ITC Unit has appropriate systems and checks
to ensure that all service providers comply with all applicable statutory provisions
governing their employees, such as The Contract Labour (Regulation and Abolition) Act,
Payment of Wages Act, and other social security and welfare legislation and rules with
respect to outsourced jobs. The Company ensures that at least the minimum wages notified
by the Government are paid by its service providers, along with extension of relevant
social security benefits.
Equal Opportunity Policies and Programmes
Recruitment and promotions in ITC are all
based strictly on merit. Equal opportunities are provided to all without regard to race,
caste, religion, colour, ancestry, marital status, gender, age or nationality.
Some of the guiding principles in ITC regarding
people and interpersonal interactions are :
Respect for
People
ITC acknowledges that every individual brings a different and unique set
of perspectives and capabilities to the team. It is a basic belief in ITC that a strong
team is founded on a variety of perspectives.
Self-managing
Resource
ITC believes that the human being is a unique resource. In fact, a human being is
simultaneously a source, a resource and the end of all economic and social activity. A
human being is the means as well as the purpose. The Company helps full realisation of
individual potential by providing developmental opportunities and challenges.
Limitations
ITC believes that any apparent limitation in a person is the result of a variety of
circumstances and factors. An individual can transcend any such limitation with support,
awareness and correction. The Company has a well laid-out Developmental Planning System
that closely dovetails with the guiding principle of ensuring equal opportunity for
everyone at the workplace.
The Company believes that people accept
meritocracy as a just and equitable system, and contribute best under optimum challenges
and opportunities and differential rewards commensurate with performance.
Training
The organisation believes that the quality of its people is the key driver in
enhancing its competitiveness and winning in the marketplace. It invests in building
people capabilities in order to develop their professional competence and help them remain
contemporary in their chosen areas of expertise.
The Company has an elaborate developmental
planning system to support continued employability and managerial career progress.
The purpose of the developmental planning system
is:
To provide opportunity for a focused
discussion on management development
To provide guidance and support to bring
about enhancement of skills to improve job performance
To enhance individual and group
competencies so as to continuously raise the organisation’s performance bar
Set time targets for implementation and
review of development plans
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