Human Capital Growth

This article focuses on Reliance Industries Ltd., based in Mumbai, India. The Reliance Group is India's largest business house in the private sector, with annual revenues of more than $22 billion and 2004 profits approaching $3 billion. The Group's activities include the exploration, production, refining,and marketing of oil and gas as well as initiatives in the petrochemicals, textiles, financial services and insurance, power, telecommunication, and infocom sectors Its annual revenue is equivalent to about 3.5 percent of India's gross domestic product. Reliance Industries Ltd., the Group's flagship company, employs 11,300 people. At each manufacturing location, one dean serves as the Coordinating Discipline Dean, who consults with his or her colleagues to identify knowledge elements and design new modules within the discipline, to ensure that learning kits and modules are prepared when new subjects are introduced, and to keep learning modules current and efficient. Representatives from all learning centers meet every six months to ensure consistency and share best practices.