Sunday 8, November 2015

Dubai – MENA Herald:  The Dubai Chamber of Commerce and Industry is hosting an International Conference on November 24 at Hyatt Regency Dubai Creek Heights to launch the 9th cycle of the Mohammed Bin Rashid Al Maktoum Business Award.

In line with the UAE Vision 2021 to move towards a more innovation-driven knowledge economy, this International Conference entitled “The Innovation Economy: Nurturing an ecosystem for Innovation, Excellence, and Value Creation”, will address both the microeconomic and macroeconomic fundamentals of developing a sustainable innovation-based ecosystem in the face of today’s ever progressive global landscape.

From outlining the macroeconomic determinants required in creating a conducive environment for innovation and wealth creation, to imparting real-time and applicable business practices proven to create value and foster business growth, this Conference with its emphasis on innovation, will provide powerful insights, practical tools, and invaluable knowledge on how to thrive as a modern organisation in today’s ever evolving and dynamic economic realm.

This day-long International Conference will be attended by H.E. Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, and Chairman of the Award Panel of Judges, and brings together a select panel of internationally renowned business excellence, technology, and innovation experts, as well as policy makers, including amongst others,  Dr. Jean-Eric Aubert, Former Lead Specialist at The World Bank and Organisation for Economic Cooperation and Development (OECD), who will delve into the macroeconomic components of an innovation economy.

Also speaking are Jonathon Oliver, Global Head of Innovation, Microsoft, who will highlight the role of  open and collaborative innovation in Microsoft’s successes, Tristan Kromer, a well-known Entrepreneur, Lean Start-up Coach, and Innovation Ecosystem Designer from Silicon Valley, US,  who will provide invaluable insight into how modern companies are measuring innovation and taking products to the market faster.

Sunil Sinha, Resident Director, Tata Sons MENA, will speak about the impact of business excellence on harnessing innovation, while Khalid Al Khudair, Founder and CEO, Glowork, KSA, will showcase how his organisation flourished by turning uncertainty into a breakthrough opportunity.

This International Conference is a great platform for small and large organisations alike to learn applicable best-in-class businesses practices from leading industry experts, benchmark with world-class business excellence practices from leading local and international companies, obtain a better understanding of the impact of innovation on sustainable business performance, and is an excellent opportunity for dynamic, high-level networking with like-minded professionals.

The conference is open to attendees from all types of organisations across various sectors in the UAE and the greater GCC region, and marks the launch of the 9th Cycle of the Mohammed Bin Rashid Al Maktoum Business Award.

The Mohammed Bin Rashid Al Maktoum Business Award was initiated in 2005 under the patronage of H.H. Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, to recognise and celebrate the success of organisations that contribute to the sustainable economic development of the UAE and the greater GCC region.

The Award, which is the highest level of recognition of business excellence that an organisation can achieve in the region, is supported by the Mohammed Bin Rashid Al Maktoum Business Award Program; an intensive qualification initiative for GCC businesses aiming to synergise with state-of-the-art international business best practices. The Award Program, which advocates the improvement of business strategies, processes and overall performance, has been the fundamental structure of Dubai Chamber’s quest to foster excellence within its business community and that of the GCC.