Ann Arbor, Michigan Ross: STC, partnering with Stephen M. Ross School of Business at the University of Michigan, earned a top human resources management award during the Arabian Society for Human Resource Management (ASHRM) International Conference in Dubai. Ahmed M. Alghamdi, STC’s Vice President, People, accepted the award for the best talent management program in the Arabian Gulf Region at the ASHRM event. Michigan Ross served as a partner with STC to develop their customized executive development program known as the High Potential (HiPo) Leadership Program. This program applies a variety of learning approaches including coaching, experiential executive education sessions and exposure to outside companies and speakers as well as action-based-learning projects.
Michigan Ross Executive Education, in close cooperation with STC, co-created the curriculum for the HiPo Leadership Program after conducting an in-depth analysis of the company’s needs. The Ross Team analyzed assessment data and interviewed top STC executives to identify the critical capabilities required of future general managers. Based on information gleaned from the discovery process, Ross faculty and staff worked with STC to design a multi-year learning journey.
“The HiPo program demonstrates STC’s exceptional commitment to growing leadership talent and driving digital transformation in KSA,” said Gene Mage, Managing Director of Custom Programs for Michigan Ross. “While every company talks about putting employees first, STC actually does it. As a result, they have become a global best-practice organization for talent management and cultural transformation.”
About STC’s HiPo Leadership Program
Currently, 37 Cohort 2 high potential STC employees are participating in the HiPo Leadership Program with 39 Cohort 1 participants having completed the program effective December 2018. The goal of the program is to develop “adaptive” leaders with the mindsets, strategies and skills to lead the digital transformation of the telecommunications industry and be effective General Managers at STC. The program has been designed to align with STC’s “DARE” strategy, digital leadership competencies and corporate values as an overarching context. Prior to joining the program, participants receive an objective assessment of their strengths and development needs. Once in the program, they create individual development plans while working with an executive coach. The curriculum includes executive education classes, company visits, action learning projects, and executive speakers from top companies such as Dow Jones, Oracle, Microsoft, Qualcomm, SAP and others.
With its headquarter in Riyadh, STC Group is the largest in the Middle East and North Africa based on market cap.STC’s revenue for 2018 amounted to 52,068 million SAR (13,885 million US dollars) and the net profit for 2018 amounted to 10,790 million SAR (2,877 million US dollars). STC was established in 1998 and currently counts about 100 million customers worldwide. It focuses on providing services to customers through a fiber-optic network that spans 158,000 kilometers across Asia, the Middle East and Europe. In Saudi Arabia (the group’s main operation site) STC operates the largest modern mobile network in the Middle East as it covers more than 99% of the country’s populated areas in addition to providing 4G mobile broadband to about 85% of the population across the Kingdom of Saudi Arabia. Besides its main operation in Saudi Arabia, STC’s investments include 100% ownership in Viva Bahrain, 51.8% stake in Viva Kuwait, 35% stake in Oger Telecom Limited in UAE which controls Turk Telecom, Avea in Turkey, Cell-C in South Africa, 25% stake in Binariang GSM Holding in Malaysia which controls Maxis in Malaysia. In addition to the above-mentioned, STC has a wide range of underlying investments in information technology, content, distribution, contact centers and real estate, all of which support its telecom operations across the Middle East.
About Michigan Ross
The Stephen M. Ross School of Business at the University of Michigan is a vibrant and distinctive learning community grounded in the principle that business can be an extraordinary vehicle for positive change in today's dynamic global economy. The Ross School of Business' mission is to develop leaders who make a positive difference in the world. Through thought and action, members of the Ross community drive change and innovation that improves business and society.
Ross is consistently ranked among the world's leading business schools. Academic degree programs include the BBA, MBA, Part-time MBA (Evening, Online, and Weekend formats), Executive MBA, Global MBA, Master of Accounting, Master of Supply Chain Management, Master of Management, and PhD. In addition, the school delivers open-enrollment and custom executive education programs targeting general management, leadership development, and strategic human resource management.
Executive Education at Michigan Ross
Michigan Ross is ranked a Top 5 global provider of executive development programs by the Financial Times. In 2018, Ross held 316 Executive Education programs in over 70 countries, facilitating high-impact learning experiences for more than 5,000 managers and executives for companies, including M&T Bank Corp., Tata Group, and Amazon.
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© Press Release 2019