| 21 Jun 2010 |
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GCC business optimism is high
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5% growth predicted for 2011
Organisational health check is a must as GCC growth outperforms global predictions, say experts
Organisational Assessment & Development - Value Chain Model
Movenpick Hotel Bahrain
Kingdom of Bahrain, June 22 2010 from 18.30h
Manama, Bahrain: As the half year draws to a close it is time for businesses to conduct an engine check, according to Ron Ribeiro, Chief Executive Officer, Aryan Business Consulting.
"The GCC is an extremely important market to be in right now. Recent reports from the World Bank indicate 4.4 per cent growth in 2010, with 4.9 per cent expected next year.
"This beats expectations and proves a resilient market. However, it also suggests that competition will be stiff. A lean and effective business structure can be the make or break in times like this."
Ribeiro was speaking in advance of a seminar on organisational assessment in Bahrain alongside America-based Robert Etten, President & Founder of Insight Solutions Group (June 22).
Etten suggested that organisations are 'living organic systems' that must be deliberately designed and constantly nurtured if they are to achieve their full purpose.
"We deliver a systemic process that is region-focused and perfect for this time of shift. We assess where the organisation is right now, what it wants to achieve, and what it needs to do to make that happen.
"With our microscope-like process, this approach challenges management with new perspectives. We study the organisation structure, people, work flows, technologies and strategies, he said.
Ribeiro cited a recent survey from Deloitte that indicates 69 percent of Chief Financial Officers (CFOs) in the region are more positive about the financial prospects of their company compared to the last six months.
"This optimism is a very good sign but should not lead to false hope. Given the recent cycle senior management would be wise to go back to basics. They need to ask few simple but crucial questions as they prepare for growth," he warned.
"It has been a rough ride and the critical parts of an organisation can easily get out of alignment if left unattended. The biggest agenda for top management must be to build and sustain organisations that work to fulfil relevant missions and objectives, and meet customer expectations."
He concluded that businesses which focus on a sustainable organisation structure will reap the benefits.
The day seminar is organised by Veritas Events, in partnership Sakana Holistic Housing, Oufi Colombotti and Bahrain Tribune (June 22 2010; from 18.00h, Movenpick Hotel BahrainMovenpick Hotel Bahrain
).
Speaker's profile:
Robert Etten
President & Founder of Insight Solutions Group, Inc. USA
Robert has been an active member of the management consulting industry since 1989. His experience includes working with Fortune 1000 corporations, the public sector and higher education institutions.
Robert is accomplished in providing strategic and operational business direction, program and project management techniques, executive facilitation, and has delivered organizational training both to client and internal audiences. Rob also specializes in strategic planning, portfolio management, business process reengineering (BPR) and organizational change management. Rob is widely recognized for his strategic thinking and ability to bring together diverse groups of individuals and developing a shared vision through true consensus.
Prior to founding Insight, Rob was a Senior Manager with Ernst & Young's Management Consulting group and a Principal with Computer Sciences Corporation in Minneapolis. Rob attained a B.S. in Mechanical Engineering from the University of California, Berkeley, and worked with both the Andersen Consulting and Price Waterhouse consulting firms in San Francisco before founding Insight Solutions Group in Minnesota.
Mr. Etten has industry-specific experience with life sciences, retail, consumer products, manufacturing, telecommunications, insurance, and financial services companies, as well as the public sector and higher education arena.
Ron Ribeiro
Chief Executive Officer and prime strategist behind Aryan Business Consulting fz-llc.
A management consultant and business leader based in the Middle East for over 30 years Ron brings a rich knowledge of the Middle East regional markets and a local expertise to business advising senior management of large corporates and start-up organisations. He has directed engagements addressing issues of strategy, organisations and operations.
He is accomplished and worked extensively in the media industry as well as internet and telecommunications, industrial and retail companies on issues of new business plans and strategies, growth, organisational design and improvement and has mentored the boards of companies new to the Middle East on strategic planning and market penetration.
Ron's integrity and call for action has placed him on the Boards of companies in the UAE and the GCC and he has helped companies develop and implement innovative solutions that clarify their business goals, simplify the process to achieve these goals, and align, develop and motivate people in the work they do.
-Ends-
About the organiser:
Aryan Business Consulting
ABC professionals and managers create value primarily by generating and using knowledge through interactions with others rather than their own individual labour. Three fundamental characteristics are at work:
First, successful mega-institutions recognise an ever more direct link between their profitability and their large professional-talent pools--the engine for generating and deploying intangible assets. Secondly, they overcome the barriers of internal complexity that often accompany large scale and scope. Finally, these companies develop and mobilise unique intangibles, such as knowledge and relationships, to create value propositions that exceed the sum of their individual elements.
Veritas Events
Veritas Events is a Bahrain-based organisation with a wealth of regional experience. We focus on delivering programs which are truly different -which have high consumer and corporate appeal -which generate high media coverage -which delivers tangible, measurable results for our clients
Veritas Events has a team of specialists who pride themselves on detail and strive on project innovation, energy and delivering unique customer experiences. Our ultimate goal is to reduce client anxiety through orchestrated program management.
The Event services we offer include: Entertainment, Conferences, Gala dinners, Award ceremonies, AGMs and Business Forums, Special Corporate events, Leaderships programs, Corporate hospitality, Team building, Trade shows/Exhibition, Product launches and Celebrations.
Media Contacts:
Anu Bhatnagar,
Strategic Solutions:
anu@strategicsolutionsonline.com,
tel +97150 7286803
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