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The Middle East Point of View Fall 2013

To read the whole magazine, click here.

 

Who goes there: friend or foe?
Kenneth McKellar

In his enlightening article on Gas, Russia and the Middle East, Who goes there, friend or foe? Kenneth McKellar points to the difficulties the two energy powers have in forging a strong partnership despite the complementary aspects of their respective gas businesses.

 
 

The project finance compass
Ben Hughes

Ben Hughes, in his article explains how the “irrepressible rise of the Public Private Partnership as a way of executing major projects” in the developed economies has yet to make the leap into the Gulf economies, despite the fact, he says, that “adopting project finance to fund a PPP is one of the best ways to achieve sustainable and profitable, operational growth – even here in the GCC.”

     
 

Oman
Alfred Strolla and Phaninder Peri

Strolla and Peri’s thorough account of the Sultanate’s development plan focusing on diversification points out how, “in a midsized, open economy in which the biggest driver of growth so far has been oil, managing the transition to a more diversified economy is challenging. Fortunately,” they say, “Oman's government has taken a number of steps in terms of efficient economic planning and implementation of various social development initiatives that have contributed to the success of the Omani economy.”

     
 

Risk, why is it your problem?
Ralph Stobwasser and Collin Keeney

Stobwasser and Keeney explain how businesses that are looking towards better prospects in markets other than their own also face risks of bribery and corruption, which are brought into sharper perspective by the rising trend of cross-border regulatory action and the increasing focus of investors on governance and transparency.

     
 

“I do. Or do I?”
Soughit Abdelnour

Over the last decade the business world has shown significant interest in the concept of employee “engagement.” Identified as an internal state of being – physical, mental and emotional – employee engagement brings together concepts of work effort, organizational commitment, job satisfaction and optimal experience.

     
 

The Cloud
Basit Saeed

Despite a grand entrance into the technology arena, cloud computing has become a point of contention in some organizations. While some department leaders have bypassed their trusted IT departments completely and procured services directly from cloud providers to address immediate needs – claiming reduced costs, faster time to market and improved user experience – some CIOs are not convinced.

     
 

Innovation
Michael E. Raynor and Heather A. Gray

Innovation is celebrated far and wide, but the lack of a shared, accurate definition has undermined our collective ability to manage it effectively. The implications are anything but academic. Companies that treat an attack based on differentiation as if it were breaking important trade-offs may overreact, but mistake a true innovator for the merely different and the pain can last for decades.

 
 

Human Capital Trends
Ghassan Turqieh

In a recent survey conducted with business leaders and human resources (HR) executives world-wide, almost identical top five trends were identified and similar top three HR and Talent concerns were noted. While each region has its own specifics and challenges, the below highlights more commonality than difference in what is driving the HR and Talent agenda today.

     

 

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