Global consultancy firms stress that initiatives, projects, and strategies recently announced by Saudi Crown Prince Mohammed bin Salman require that operating sectors in the Kingdom develop several key features.
Meeting under the arch of a national transformation plan, dubbed Vision 2030, projects like “The Line,” initiatives like the “Red Sea Project” and strategies like the “Riyadh Strategy,” demand Saudi industries start a new development phase for fundamental aspects such as human capital, performance assessment, and digital transformation.
It is vital that authorities in both public and private sectors seek to engage in the transformations needed to realize the Kingdom’s aspirations, Mercer Saudi Arabia CEO Mahmoud Ghazi told Asharq Al-Awsat.
According to Ghazi, the desired levels of administrative and operational change have also expanded under the new reality imposed by the coronavirus pandemic.
He recommended shifting focus to optimizing internal plans and strategies and setting clear goals that work in concert with the rapid changes needed help along with a transformation in the Saudi economy.
Ghazi also pointed out the importance of raising the efficiency of human capital to meet foreseeable changes at the level of plans in the Kingdom.
Training and qualification programs and courses for stepping up performance must be administered across all departments and even include boards of directors and technicians.
The Mercer CEO added that it is also necessary to measure performance and production standards in administrative work. This will help enhance the efficacy of motivation, reward, assessment, control, and progress.
Other than identifying and filling existing gaps, improved performance and quality control will help sectors become more flexible and adjust to the expected shift in administrative systems.
With Vision 2030 projects set to generate over two million jobs, Ghazi pointed out that Saudi Arabia will likely witness a boom in job opportunities requiring qualification and training.