Since the announcement of the Saudi Vision 2030, we have read numerous analyses and commentaries and it is the only topic of discussions in private gatherings.
Many people analyze the policy statement in a cautious manner. There are various reasons for that. Some of them don’t want to exaggerate too much, some don’t understand the very idea of reforms properly and don’t realize the far-reaching implications of this vision and there are some who doubt the success of this plan.
The private sector is particularly very cautious. The majority of people associated with the private sector says, “Let’s wait and see.”
When one asks them about their role, they would respond, “We have been assigned with no role.”
It is just an excuse for not taking risks and this is usually the mentality of this sector.
The question is: How could this sector benefit in the real sense from this brilliant plan we know as Saudi Vision 2030 without taking calculated risks?
I believe that stakeholders in this sector know very well the repercussions of their negative stand. It is true that there are some private companies that are prepared to join in the march. It is necessary is to design a proactive mechanism that could integrate the entire sector as a united body to move from the backseat to the front seat. Banks, communication and services companies, distribution agencies and real-estate companies are major partners in the private sector. Supposedly, if every big company engages in interactive debate with other companies in the sector to work out one common strategy and present it to the management of the Vision 2030, we would have a big inventory of feedback to build upon.
Naturally, there is a big difference between being cautious in pursuing results and being an active aspiring participant.
Many people analyze the policy statement in a cautious manner. There are various reasons for that. Some of them don’t want to exaggerate too much, some don’t understand the very idea of reforms properly and don’t realize the far-reaching implications of this vision and there are some who doubt the success of this plan.
The private sector is particularly very cautious. The majority of people associated with the private sector says, “Let’s wait and see.”
When one asks them about their role, they would respond, “We have been assigned with no role.”
It is just an excuse for not taking risks and this is usually the mentality of this sector.
The question is: How could this sector benefit in the real sense from this brilliant plan we know as Saudi Vision 2030 without taking calculated risks?
I believe that stakeholders in this sector know very well the repercussions of their negative stand. It is true that there are some private companies that are prepared to join in the march. It is necessary is to design a proactive mechanism that could integrate the entire sector as a united body to move from the backseat to the front seat. Banks, communication and services companies, distribution agencies and real-estate companies are major partners in the private sector. Supposedly, if every big company engages in interactive debate with other companies in the sector to work out one common strategy and present it to the management of the Vision 2030, we would have a big inventory of feedback to build upon.
Naturally, there is a big difference between being cautious in pursuing results and being an active aspiring participant.
