Creating and Managing Economic Competitiveness in Saudi Arabia
David Tirri
January 26, 2013
Florida International University
International Business Law
Creating and Managing Economic Competitiveness
Case Questions
How Al Dabbagh View SAGIA 's Mandate Differently from His Predecessor
When Al Dabbagh became the governor of SAGIA due to his successful career in national and international businesses at the age of thirty eight years, he viewed his mandate differently from his predecessors. During this time, he was designated as one of the hundred global leaders in the world economic forum. He took the term global very seriously during his career as SAGIA’s governor. His main belief was that globalization of the world economy needed Saudi Arabia to generate business climate that would encourage foreign investors to venture into the country. In his opinion, the prerequisite of this would be achieved through the introduction of the national and international standards that enhance competition to enterprises in Saudi Arabia. Just like his predecessor, the fuzzy mandate and inefficient financial and human resources handicapped Al Dabbagh. He also faced a problem of the strained relationships with other government agencies around the world that had developed four years ahead of Saudi Arabia. To solve these issues, Al Dabbagh engaged new strategies of enhancing private-public partnerships. This strategy would help the SAGIA agency in carrying out its mission, ambitions, and lobbying campaign of repairing relations with other key government ministries. According to Al Dabbagh, this would help in improving the business climate in Saudi Arabia (Harvard Kennedy School, 2008). To accomplish SAGIA’s mandate, Al Dabbagh spent more than three months of his time in office working on the mission, vision, and strategy. Together with his chief aides and consultants, Al Dabbagh embarked on an intensive research of trying to understand and address the toughest issues related to the business environment in Saudi Arabia.
January 26, 2013
Florida International University
International Business Law
Creating and Managing Economic Competitiveness
Case Questions
How Al Dabbagh View SAGIA 's Mandate Differently from His Predecessor
When Al Dabbagh became the governor of SAGIA due to his successful career in national and international businesses at the age of thirty eight years, he viewed his mandate differently from his predecessors. During this time, he was designated as one of the hundred global leaders in the world economic forum. He took the term global very seriously during his career as SAGIA’s governor. His main belief was that globalization of the world economy needed Saudi Arabia to generate business climate that would encourage foreign investors to venture into the country. In his opinion, the prerequisite of this would be achieved through the introduction of the national and international standards that enhance competition to enterprises in Saudi Arabia. Just like his predecessor, the fuzzy mandate and inefficient financial and human resources handicapped Al Dabbagh. He also faced a problem of the strained relationships with other government agencies around the world that had developed four years ahead of Saudi Arabia. To solve these issues, Al Dabbagh engaged new strategies of enhancing private-public partnerships. This strategy would help the SAGIA agency in carrying out its mission, ambitions, and lobbying campaign of repairing relations with other key government ministries. According to Al Dabbagh, this would help in improving the business climate in Saudi Arabia (Harvard Kennedy School, 2008). To accomplish SAGIA’s mandate, Al Dabbagh spent more than three months of his time in office working on the mission, vision, and strategy. Together with his chief aides and consultants, Al Dabbagh embarked on an intensive research of trying to understand and address the toughest issues related to the business environment in Saudi Arabia.
References: Al-Yahya, K. O. (n.d.). Managing National Competitiveness & Institutionalizing Reform through Collaborative Networks: The Case of Saudi Arabia General Investment Authority (SAGIA). Retrieved January 15, 2013, from http://alandaluslaw.com/library/LegalData2/Legal%20Data%20Base/SAGIA%20RESOLUTION%20NUMBER%20124/Case_Study_SAGIA.pdf Detwile, E. (2009, January). Dr. Ali Al-Dabbagh’s Iraq-based Formula for Regional Cooperation. Retrieved January 15, 2013, from http://www.usip.org/publications/dr-ali-al-dabbaghs-iraq-based-formula-regional-cooperation Harvard Kennedy School, (2008), Creating and Managing Economic Competitiveness: The Saudi Arabia General Investment Authority. Case Number 1926.0, 1-17. Miller, J. A., & Osinski, D. M. (2002, July). Training Needs Assessment. Retrieved January 15, 2013, from http://www.ispi.org/pdf/suggestedReading/Miller_Osinski.pdf Mitchell, J. (2011, February 02). The role of the private sector in development. Retrieved January 15, 2013, from http://www.odi.org.uk/opinion/5396-role-private-sector-development