Wednesday 03 / July / 2024
Muscat: The Royal Academy of Management (RAM) conducted the Economic Leadership Programme - Win in China. The programme is designed to equip executive leaders with the necessary skills and insights to successfully navigate and thrive within the Chinese market.
The programme will host 40 CEOs from Oman Investment Authority’s (OIA) subsidiaries and the private sector, along with 7 representatives from government entities with ties to the People’s Republic of China and foreign investment.
The programme is designed to familiarise participants with the opportunities and capabilities within the Chinese market. Its core objective is to foster meaningful communication among participants, enabling them to cultivate robust professional relationships both locally and globally.
This initiative aims to provide a comprehensive and balanced perspective on the remarkable transformation of the Chinese economy, empowering participants to navigate it with a holistic and balanced vision.
The programme will examine the intricate landscape of Chinese economic development and its profound global implications. It will focus on fostering strategic economic collaborations between Omani government entities, private enterprises, and Chinese businesses. Additionally, the initiative aims to strengthen trade relations with Chinese companies and institutions, not only in the Sultanate of Oman, but also across the Middle East.
The programme will run over for three consecutive days featuring a variety of sessions pivotal to trade expansion in the Chinese market and enhancing Chinese-Omani relations. Key topics include the economic transformation within the People’s Republic of China and global influences, alongside insights into trends guiding Omani companies towards successful expansion in the Chinese market.
The programme also includes panel sessions showcasing the experiences of business leaders from both China and the Sultanate of Oman.
A dedicated session on the impact of effective decision-making in international companies and investments is included, along with an in-depth discussion centred on the bilateral relations between China and Oman.
In addition, the programme includes advisory sessions aimed at fostering trade growth in the People’s Republic of China. These sessions aim to bridge relations between business people and commercial enterprises through innovative solutions, fostering collaborative opportunities and building enduring trade partnerships.
Dr. Ali Qassim Al Lawati, Chairman of the Royal Academy of Management (RAM), stated, "The inception of Economic Leadership - Win in China aligns with His Majesty the Sultan’s vision to develop proficient national leaders equipped with advanced capabilities in order to support the transformation towards a resilient and sustainable economy. It mirrors the Sultanate of Oman's dedication to diversifying revenue streams, fortifying investments, and fostering the expansion of both government entities and private enterprises, facilitating their access to local and global markets."
He stressed the importance of this programme, emphasising its goal to empower executive leaders by providing them with the essential skills necessary to enable them to expand into global markets. This, in turn, serves to bolster and enrich the economic collaboration between China and Oman.
He also stated, "The programme, implemented in collaboration with the Oman Investment Authority, stands as a testament to our commitment. It was designed in partnership with the Cheung Kong Graduate School of Business Administration in the Republic of China.
Professor Xiang Bing, the Founding Dean of the Cheung Kong Graduate School of BusinessAdministrationin the People's Republic of China, expressed his satisfaction, stating, "As the Founding Dean of CKGSB and a member of the International Advisory Board of the Royal Academy of Management, I'm delighted that our strong partnership has led to a significant stride in fostering closer business relations between the Republic of China and the Sultanate of Oman. This collaborative effort aims to deepen mutual understanding and explore collaborative opportunities between Omani enterprises and Chinese businesses. I extend my heartfelt gratitude to the Royal Academy of Management for their initiative, trust, and invaluable support, pivotal in launching this pioneering programme."
The programme was designed in cooperation with the Cheung Kong Graduate School of Business in the People’s Republic of China, which is the first privately funded, research-based business school in China, focusing its research on global trade issues and on specific topics in China. The school has been ranked as one of the best colleges in highlighting successful billionaire companies, businessmen, chairpersons and CEOs in China. The college has trained 3,000 executives from a variety of Chinese companies.
