Friday, November 22, 2024

OER Business Summit 2024: Fostering Resilience and Innovation in Oman’s Economy

* The event provided an invaluable opportunity for CEOs and corporate leaders to share their initiatives and learnings, guiding others toward a path of success

* The summit’s focus on HR development, sustainability, and innovation painted a promising picture for Oman’s economic resilience and growth

PRAVASISAMWAD.COM

Muscat, Oman

The OER Business Summit 2024, a highly awaited annual event, took place at the Sheraton Oman Hotel, bringing together the top business houses and leaders from Oman’s corporate sector.

Organized by United Media Services, this year’s summit aimed to bolster the resilience of the Omani economy amid the dynamic landscape of regional and global developments.

The summit opened under the auspices of Shaikh Salim bin Mushtahail al Mashani. Guest of honour of the event was Ahmed bin Hassan Al Dheeb, Deputy Chairman of the Public Authority for Special Economic Zones and Free Zones (OPAZ), while Badr Salim Al Ma’amari, Secretary General of the Tender Board graced the occasion as chief guest.

A Confluence of Ideas and Leadership

The OER Business Summit 2024 was a beacon of insightful discussions and strategic deliberations, focusing on themes critical to Oman’s economic fortitude. The agenda was meticulously crafted to address the following key areas:

– *Human Resources Development (HRD):* Exploring the design of effective HRD organizational structures, fostering national competencies, and improving productivity.

– *Sustainability:* Evaluating the sustainability of businesses against the backdrop of global economic shifts.

– *Growth Enablers:* Investigating the vital enablers for business growth, such as innovation, digital transformation, and governance.

– *Supply Chains:* Discussing the intricacies of optimizing supply chains to enhance operational efficiency.

– *Foreign Investments:* Strategies for attracting and retaining foreign investments to stimulate economic growth.

As the curtains drew on the event, the collective wisdom and strategic insights shared at the OER Business Summit 2024 promised to resonate through the corridors of Oman’s business ecosystem, fostering a robust, forward-looking economic environment.

Workshops for Leadership and High Performance

Integral to the summit were the workshops aimed at enhancing organizational performance and leadership. One such workshop, led by Adam Ashcroft, Founder and CEO of The Advantage Coach, focused on the “3 P’s to Succeed – Power, Purpose, and Progress.” Participants delved into the strengths-based leadership approach, learning to harness their core powers for both personal and business success. The workshop underscored the transformative potential of aligning strengths and passions to drive impactful leadership and high performance within teams.

Honouring Excellence: OER Business Excellence & HR Awards

A highlight of the summit was the OER Exemplary Leadership Awards, which celebrated outstanding achievements across various sectors. These accolades recognized innovations, leadership prowess, sustainability efforts, and social responsibility initiatives. Categories included:

– *Transformation Leader of the Year*

– *ICV Initiative of the Year*

– *HR Initiative of the Year*

– *Sustainability Initiative of the Year*

– *Branding of the Year*

Additionally, the OER Exemplary Leadership Awards honoured:

– *Innovative Company of the Year*

– *Business Leader of the Year*

– *Young Business Leader of the Year*

– *CEO of the Year*

– *Innovative Leader of the Year*

– *Lifetime Achievement Award*

Strategic and Associate Partners

The success of the summit was amplified by the support of strategic partners such as OQ, Oman Arab Bank, and Port of Duqm. Associate partners included Infoline, Bank Dhofar, and Oman United Insurance Company, while the event’s knowledge partner was RAB. Their collaboration underscored a unified commitment to enhancing Oman’s business landscape.

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Vir Vijay Singh
Vir Vijay Singh
(Vir vijay Singh, Managing Director, ProVise Integrated Solutions, is a first generation serial entrepreneur and Investor in Oman. He is a veteran in information technology and digital transformation initiatives and has ability of taking businesses to the next level. ProVise offers services in digital transformation, cyber security and advisory in business operations across Oman, UAE, Singapore and India.)

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