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Attracting and Retaining Top Saudi Talent in the Kingdom

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Elixir Management Consultancy shares best practices on how to to attract saudis in the Kingdom at LinkedIn's ConnectIn Saudi

Publicada em: Recrutamento e RH
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Attracting and Retaining Top Saudi Talent in the Kingdom

  1. 1. Attracting & Retaining Top Local Talent Eng. Hani Ibrahim Khoja Co-Founder & MP Elixir Management Consultancy LinkedIn Company Page
  2. 2. We are going through major transformations with Vision 2030; • As a nation • As organizations • As individuals Top Confidential
  3. 3. Saudi Arabia is going through major transformations Top Confidential
  4. 4. Mining & Petrochemicals will be seen as important future contributors to non-oil exports. Top Confidential Mining reserves are large & low cost to extract. Phosphate, bauxite, gold, copper. High potential to expand from bulk chemicals to value added, downstream applications.
  5. 5. Residential real estate market will expand. On Jan.2016, announcement was made that 1.5 million homes will be built over next 7 years. Top Confidential This will be achieved by;  Making more land available at affordable prices via outstanding execution of new land tax.  Ensuring credit to developers via a) bank loans & b) off-plan sales.  Expanding mortgage penetration beyond 4-6% of GDP via establishment of state-owned mortgage provider(s).
  6. 6. Hospitality & Tourism will be a key engine of non- oil revenue. Umrah is critical. Top Confidential
  7. 7. Telecom sector will generate significant revenue and jobs Top Confidential This will be achieved by;  Possible hiking up of fee rates (currently at 7-15% of net revenues).  Encouraging enterprise growth.
  8. 8. Private sector will play a larger role. Top Confidential Aramco IPO at parent &/or downstream assets will be delivered. Saudia Airlines, Saudi Cargo, airports, seaports, will be privatized. Healthcare & Education services will be partially privatized.
  9. 9. Banks will be asked to provide new investment capital and take on more risk. Top Confidential  Banks will support SMEs & residential mortgages.  Banks will launch new models of financing; bonds, asset securitization.  Local banks must increase competitiveness vs new global players who will enter the market.
  10. 10. There will be reforms to improve ease of doing business. 2016 World Bank Ease of Doing Business report: KSA 82nd out of 189 countries. Top Confidential Problem areas:  Customs clearance / trading across borders.  Accessing credit.  Protection of minority investors. 133 recommendations on improving competitiveness were recently approved by CEDA. To be announced in next 6 months.
  11. 11. A focus will be made on job creation to accommodate high growth of the labor market. Top Confidential  Average monthly pay in public sector is 60%+ higher than private.  Public sector working conditions are easier. Vacations are longer.  How can we achieve; “Privatization with Nationalization”.
  12. 12. To balance budget within 5 years, $100 billion savings must be generated Top Confidential Subsidy reform can generate $ 30 billion. CAPEX savings. Jeddah airport expansion ($8bn), Riyadh metro ($23bn)! OPEX savings. Public payroll reductions via privatization. Allowances reduction. Procurement budgets. VAT can generate $10 billion. Green card & Sin Tax are other ideas.
  13. 13. Elixir Management Consultancy is going through major transformation Top Confidential
  14. 14. Sharing our values with top talents Elixir launched a LinkedIn campaign to increase awareness among top talents Top Confidential
  15. 15. Talents were highly engaged and interested ‫الشغف‬ ‫نشارككم‬ ‫بلدنا‬ ‫تطوير‬ ‫في‬ ‫أرغب‬ ‫إليكم‬ ‫باإلنظمام‬ ‫قيمكم‬ ‫نشارككم‬ More than 99K IMP in one week! Top Confidential
  16. 16. Our vision, mission, & goal are dependent on local top talent Vision Mission Elixir will be the most trusted management consultancy firm to overcome complex challenges confronting the GCC. Elixir will enable top talent to develop a deep understanding of the local customer and market, translate into sustainable strategies, and then implement with excellence. Our goal Our goal is to be one of the 3 most trusted management consultancy companies in the GCC by 2020. Top Confidential
  17. 17. Elixir “secret sauce” in attracting/retaining top local talent Elixir Corporate Culture Leadership, Collaboration, Passion to Succeed, Innovation, Integrity Purpose Personal Growth Ownership Top Confidential
  18. 18. At the peak of Mount Kilimanjaro, we had an epiphany! I have the ability to achieve my dreams… 1 step at a time.Top Confidential
  19. 19. ِ‫ة‬َ‫ك‬ِ‫ئ‬ َ‫َل‬َ‫م‬ْ‫ل‬ِ‫ل‬ َ‫ك‬ُّ‫ب‬َ‫ر‬ َ‫ل‬‫ا‬َ‫ق‬ ْ‫ذ‬ِ‫إ‬ َ‫و‬ ۖ ً‫ة‬َ‫ف‬‫ِي‬‫ل‬َ‫خ‬ ِ‫ض‬ْ‫ر‬َ ْ‫اْل‬ ‫ِي‬‫ف‬ ٌ‫ل‬ِ‫اع‬َ‫ج‬ ‫ي‬ِّ‫ن‬ِ‫إ‬ َ‫اء‬َ‫م‬ِّ‫الد‬ ُ‫ك‬ِ‫ف‬ْ‫س‬َ‫ي‬ َ‫و‬ ‫ا‬َ‫ه‬‫ِي‬‫ف‬ ُ‫د‬ِ‫س‬ْ‫ف‬ُ‫ي‬ ‫ن‬َ‫م‬ ‫ا‬َ‫ه‬‫ِي‬‫ف‬ ُ‫ل‬َ‫ع‬ ْ‫ج‬َ‫ت‬َ‫أ‬ ‫وا‬ُ‫ل‬‫ا‬َ‫ق‬ ۖ َ‫ك‬َ‫ل‬ ُ‫س‬ِّ‫د‬َ‫ق‬ُ‫ن‬ َ‫و‬ َ‫ك‬ِ‫د‬ْ‫م‬َ‫ح‬ِ‫ب‬ ُ‫ح‬ِّ‫ب‬َ‫س‬ُ‫ن‬ ُ‫ن‬ ْ‫ح‬َ‫ن‬ َ‫و‬ َ‫ون‬ُ‫م‬َ‫ل‬ْ‫ع‬َ‫ت‬ َ‫َل‬ ‫ا‬َ‫م‬ ُ‫م‬َ‫ل‬ْ‫ع‬َ‫أ‬ ‫ي‬ِّ‫ن‬ِ‫إ‬ َ‫ل‬‫ا‬َ‫ق‬(30) Top Confidential
  20. 20. Let’s develop more Saudi Khalifas Top Confidential
  21. 21. Help them live by a simple formula … Top Confidential
  22. 22. Help them answer 5 questions… 1. Who are you? Who do you want to be? 2. What do you want to be good at in 10 years? 3. Who do you want to help & how? 4. How to turn ideas into reality? 5. What is stopping you from jumping? Top Confidential
  23. 23. Q1: Who are you? Who do you want to be? Top Confidential
  24. 24. Help them decide what they want to be good at in 5-10 years?  Top Confidential
  25. 25. Q3: Who do you want to help & how? Encourage them to write their “After-Life CV”  Help my family succeed and be happy.  Enhance the “Saudi Arabia” brand globally.  Reduce unemployment.  Support entrepreneurship.  Help local companies succeed regionally and globally.  Upgrade education system & graduate a highly valued labor force.  Upgrade wellbeing of residents.  Make Hajj & Umrah as spiritually memorable as possible.  Help underprivileged children across the world gain education.  Help world know the true Prophet Mohammed peace be upon him.  Help at least 1 person, plant, &/or animal. EVERYDAY. Top Confidential
  26. 26. Q4: What needs to be done to turn ideas into reality? Help them announce their intentions to the world. Top Confidential
  27. 27. Q4: What needs to be done to turn ideas into reality? Help them assemble their Dream Team & Co-develop the plan Dream Team Partners Tech Support Moral Support Productive Critics Cynics Skeptics Top Confidential
  28. 28. Q5: What is stopping you from jumping? Help them get started & gain momentum Top Confidential
  29. 29. Help them enjoy the ride Top Confidential
  30. 30. Help them realize they are at the top of the Social Impact Pyramid Khalifas Intenders Solution Providers Complainers Top Confidential
  31. 31. Co-create a Khalifa tribe! Top Confidential
  32. 32. “never doubt that a small group of thoughtful, committed citizens can change the world. Indeed it is the only thing that ever has… …with only 1 person, its hard –but when you put that 1 person with 4 or 5 more, you have a force to contend with. All of a sudden, you have enough momentum to make almost anything that’s immanent or within reach actually real. Margaret Mead Top Confidential
  33. 33. Book available at Jarir bookstores or Jarirreader in KSA Top Confidential