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Global economic shift – three significant factors

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Economic-Shift

In today’s world, we often talk and think about an economic shift. But what does that really mean?

It mainly means that the economic power is passing from western countries to eastern countries. Managers have started to invest in countries like China and India. Investors are moving their central offices to countries in the East. The economic momentum lies in the hands of developing countries now. While the financial crisis raised questions regarding the general power of the USA and the EU, eastern countries have continuously developed.

The first step for improving performance: mind the gap!

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As all businesses are in a continuous search for improving their organizational processes, one of the main actions that needs to be taken for seeing quality improvements and achieving a superior level of performance is closing the gaps. Improvement refers to the process through which performance gaps are actually closed, so that a company is able to achieve the desired results. The aspect that can always be improved is performance. Therefore, improvement is not a results issue, but a performance related one.

Envisioning the future: Dubai 2021 Strategic Plan

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Dubai Strategic Plan 2021

Over the past 20 years, Dubai has experienced an incredible growth which transformed the city into one of the world’s most important economic centers. The Dubai Strategic Plan 2015, launched in 2007, set the premises of a sustainable growth with a long-term strategy.

Dubai’s 5 priorities at that time were economic development, social development, security, justice and safety, infrastructure, land and environment, and government excellence. As the plan was reaching its end, the Government started work at a new plan, the Dubai Strategic Plan 2021.

THE KPI INSTITUTE

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