30 September 2015
With the blessings of His Majesty Sultan Qaboos, in a further step towards fostering leadership in the private sector and achieving a distinctive milestone in the region, the National CEO Programme (NCP), sponsored by the Public Private Partnership Committee, has completed Module 2, of the 6-module, 12-month programme, aimed at delivering latest leadership thinking and research to a cross-sector, cross-region community of senior private sector leaders.
The 30 participants on the programme were selected from across Oman's industry sectors and organisations, of which 34 per cent are from small and medium enterprises and with representation from seven governorates.
Professor Michael Wade, Professor of Innovation and Strategy and Cisco Chair in Digital Business Transformation, commented on Module 2, "We focused on two critical areas of development for Omani executives in this module. First, the need to think 'outside of the box' and translate those ideas into successful innovations. We worked with tools to evaluate innovation across the entire organisational value chain." He continued, "We also focused on quantitative skills and financial acumen. The participants learned to understand the fundamentals of finance, value creation, and mergers and acquisitions."
NCP Director Lynn Sadler, commented, "The wealth of tools and knowledge from our learning partners at IMD are key enablers of leadership which the programme participants can deploy to the benefit of their organisations and stakeholders. They are part of the CEO's toolbox which we'll add to as the learning process continues."
The National CEO Programme Module 2 concluded a successful week of classes covering innovation and finance.
The module looked at the role of innovation, entrepreneurship, and breakthrough thinking in business.
Corporate innovation was extensively taught from a variety of perspectives, including how to innovate across the organisation value chain, how to build a culture of innovation, and how to use innovation to disrupt organisations and industries.
The participants were given the tools to make well-informed financial decisions, including coverage of financial statements, financial ratios, cash flow and financial value creation. They also learnt how to value an organisation, and understand the valuations of financial markets, leading to a discussion of mergers and acquisitions. Finally, they considered the financial trends that will affect future competitiveness in the Middle East and across the world.
Under the patronage of the Diwan of Royal Court, the National CEO programme is an initiative that was launched by the Public Private Partnership platform "Sharaka". It is the first of its kind in the Sultanate and its goal is to develop the next generation of private sector Omani leaders and executives. It is a visible demonstration of the importance and value that the Sultanate assigns to the private sector's role in the future performance of Oman's economy and one which will deliver clear results.
The National CEO Programme is designed to address the private sector's emerging needs for talented business leaders and executives who are empowered to meet the challenges of the marketplace and embrace the opportunities that the Sultanate's economy will offer. This exclusive programme is founded on global best practice and the latest leadership thinking and learning methodologies.
With the blessings of His Majesty Sultan Qaboos, in a further step towards fostering leadership in the private sector and achieving a distinctive milestone in the region, the National CEO Programme (NCP), sponsored by the Public Private Partnership Committee, has completed Module 2, of the 6-module, 12-month programme, aimed at delivering latest leadership thinking and research to a cross-sector, cross-region community of senior private sector leaders.
The 30 participants on the programme were selected from across Oman's industry sectors and organisations, of which 34 per cent are from small and medium enterprises and with representation from seven governorates.
Professor Michael Wade, Professor of Innovation and Strategy and Cisco Chair in Digital Business Transformation, commented on Module 2, "We focused on two critical areas of development for Omani executives in this module. First, the need to think 'outside of the box' and translate those ideas into successful innovations. We worked with tools to evaluate innovation across the entire organisational value chain." He continued, "We also focused on quantitative skills and financial acumen. The participants learned to understand the fundamentals of finance, value creation, and mergers and acquisitions."
NCP Director Lynn Sadler, commented, "The wealth of tools and knowledge from our learning partners at IMD are key enablers of leadership which the programme participants can deploy to the benefit of their organisations and stakeholders. They are part of the CEO's toolbox which we'll add to as the learning process continues."
The National CEO Programme Module 2 concluded a successful week of classes covering innovation and finance.
The module looked at the role of innovation, entrepreneurship, and breakthrough thinking in business.
Corporate innovation was extensively taught from a variety of perspectives, including how to innovate across the organisation value chain, how to build a culture of innovation, and how to use innovation to disrupt organisations and industries.
The participants were given the tools to make well-informed financial decisions, including coverage of financial statements, financial ratios, cash flow and financial value creation. They also learnt how to value an organisation, and understand the valuations of financial markets, leading to a discussion of mergers and acquisitions. Finally, they considered the financial trends that will affect future competitiveness in the Middle East and across the world.
Under the patronage of the Diwan of Royal Court, the National CEO programme is an initiative that was launched by the Public Private Partnership platform "Sharaka". It is the first of its kind in the Sultanate and its goal is to develop the next generation of private sector Omani leaders and executives. It is a visible demonstration of the importance and value that the Sultanate assigns to the private sector's role in the future performance of Oman's economy and one which will deliver clear results.
The National CEO Programme is designed to address the private sector's emerging needs for talented business leaders and executives who are empowered to meet the challenges of the marketplace and embrace the opportunities that the Sultanate's economy will offer. This exclusive programme is founded on global best practice and the latest leadership thinking and learning methodologies.
© Oman Daily Observer 2015
