Post-Covid corporate culture and its many challenges – from the Great Resignation sweeping global companies of all sizes to hybrid working and more – is the topic up for discussion at the next edition of Tejarah Talks. OrganiSed by the Ministry of Commerce, Industry and Investment Promotion (MoCIIP) in association with Oman Business Forum and supported by HSBC and SOHAR Port & Freezone, Tejarah Talks is scheduled for 7:30 pm, Wednesday, March 30 at the Civil Aviation Authority Training Centre in Al Hail North.
With His Highness Sayyid Dr Adham al Said (pictured), Founder, The Firm as moderator, the panel line-up includes Sir Charles Shaw, CEO, Bondoni; Shatha al Maskiry, Managing Director, Protiviti Oman; Dr Ghalib al Hosni, Chief People Officer, Omantel and Saif al Manji, Managing Consultant, Quintal Ventures.
Speaking ahead of the event, Maymuna al Adawy, MoCIIP Director and Tejarah Talks organiser explained: “Clearly the pandemic has impacted on the way we all work and our attitudes to our jobs and careers, bringing significant changes to corporate culture in its wake. While this might seem initially to mean things like different approaches to business hours and office set up, it also extends to areas around manufacturing practices, employment conditions, privacy regulations, or environmental commitments. And these changes are having a significant impact on business results. In fact, a recent LRN Corporation survey of 8,000 executives across 14 countries and 17 industries found that companies with the strongest culture outperform by approximately 40% across all measures of business performance, including customer satisfaction, employee loyalty, innovation, adaptability as well as growth.”
Al Adawy continued: “While the LRN data provides a strong and compelling case for Omani businesses to invest in building a stronger corporate culture it is important to acknowledge that culture change in any organisation, irrespective of size is not easy.”
Commenting on the importance of corporate culture, HH Sayyid Dr Adham al Said remarked: “A strong corporate culture does not magically appear and to understand its real impact Omani business leaders need to think about it more holistically. We have to understand how culture can fundamentally shift the way a company operates, in a way that generates better outcomes for the business, employees and customers. If the challenges of the past two years have taught us anything it is that corporate culture truly counts. Needless to add, it will take an effort to change things, but given the potential rewards it is clearly worth it.”
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