Siemens builds partnerships to advance training in line with Saudi Vision 2030

The first generation of gas turbine experts briefing Khalid Al-Falih, minister of energy, industry and mineral resources, at the Siemens Dammam Energy Hub.
Updated 25 October 2016
0

Siemens builds partnerships to advance training in line with Saudi Vision 2030

Vision 2030 is providing the momentum to propel the nation Saudi Arabia toward a new era of prosperity and the government is therefore working side-by-side with the private sector in fields such as education and training, infrastructure and health care.
It is in the context of this emerging scenario that Siemens has been building partnerships to advance education and training in line with Vision 2030.
Arja Talakar, CEO, Siemens Saudi Arabia, says: “The National Transformation Program (NTP 2020) aims to increase the number of young Saudi citizens enrolled in vocational training programs from 104,000 to 950,000.”
Vision 2030 aims to realize a more competitive and skilled Saudi labor force. From a baseline of 7 percent, the Kingdom is targeting 12.5 percent of high school graduates to be in vocational training programs by 2020.
A recent feasibility study confirmed a widening skills gap equivalent to 65,000 full-time skilled workers in the Kingdom’s energy sector over the next two decades.
This prompted the establishment of a National Power Academy (NPA) to substantially address the skills requirements across the energy value chain.
Siemens is a founding stakeholder of the NPA and is therefore working closely with Saudi Aramco, Saudi Electricity Company (SEC) and the Saline Water Conversion Corporation (SWCC).”
Siemens Saudi Arabia’s HR Head Waleed Hefni said: “Siemens thinks and acts in the interests of future generations because responsible conduct is the only way to balance long-term growth with the aspirations of Saudi Arabia. The development of our youth is especially important in achieving the goals of Vision 2030 and further strengthening the Kingdom’s position as a major global player.”
Together with its local shareholder and partner, E.A. Juffali & Bros, the company is leveraging its collective strength in support of Vision 2030 because ultimately what is important to Saudi Arabia matters to Siemens, the company stated.


360-degree mentoring to boost Saudi social enterprise sector

Updated 23 May 2019
0

360-degree mentoring to boost Saudi social enterprise sector

The King Khalid Foundation (KKF) and Mowgli Mentoring have collaborated to strengthen the growing social enterprise sector in the Kingdom through the provision of 360-degree mentoring, which will support the personal and professional development of social entrepreneurs. The EMCC-accredited mentoring organization is working to built the capacity of Saudi mentors by instilling best mentoring practices and sharing experiences from its 10-year work around the world.

Globally, the concept of social entrepreneurship is increasingly gaining momentum and positive attention as it combines commerce with social good, allowing entrepreneurs to go beyond profit to positively impact communities and societies. Supporting these entrepreneurs, therefore, is in line with the KKF’s vision, which is to have a Saudi society with equal opportunities.

The KKF’s collaboration with Mowgli resulted in the creation of the Athar (Impact) Mentoring Program.

This program aims to build and increase the capacity of Saudi mentors, and equip them with the necessary tools to be able to provide mentorship, support and guidance to social entrepreneurs in the Kingdom. Matching mentors with social entrepreneurs and managing their mentorship relationships is a key benefit of the program.

To commence the mentoring program, Mowgli recently delivered a four-day workshop in the KKF premises in Riyadh. Fourteen professionals and business leaders received training to be 360-degree mentors before being matched with 14 social entrepreneurs. Both groups were provided with the guidelines to build solid foundations for their 1-2-1 mentoring relationships. In addition, the matched pairs will be supported over a duration of six months, during which structured on-going support will be provided to ensure that trust-based and impactful mentoring relationships are developed.

Mowgli Mentoring’s CEO Kathleen Bury said: “We see this program supporting the three themes on which the Kingdom’s Vision 2030 was built upon: Developing a vibrant society, a thriving economy and an ambitious nation. By supporting social entrepreneurs, we’re working toward achieving the Kingdom’s economic aspirations of increasing SME GDP contribution by 20–30 percent by 2030. We are, therefore, excited to be back in Saudi Arabia and are honored to be working with the King Khalid Foundation in delivering this program, and building Saudi Arabia’s mentoring capacity to sustainably support change-makers and their surrounding ecosystems for years to come.”

The key to developing entrepreneurship and fostering economic development lies in having a well-balanced ecosystem with equal investment in four key pillars: Environment (schooling, parenting), finance (working capital, debt and equity financing), infrastructure (incubators, accelerators, utilities and sound legal frameworks) and human capital development (mentoring, skills and knowledge development). Mowgli supports the latter and has successfully delivered more than 110 mentoring programs across the Middle East, North Africa and sub-Saharan Africa.