Forty-3 participants from different departments are attending the programme delivered by means of Maris Strategies, a enterprise believe-tank business that gives revolutionary study, consulting, advisory solutions and executive education instruction to organisations delivering goods and solutions for emerging and frontier industry consumers.
The programme will take participants on a studying journey consisting of assessing international greatest practices to interpret emerging trends in the monetary solutions business, and apply this understanding to the markets in which the bank operates. The programme consists 4 modules covering the fundamentals, creating enterprise intelligence, strategic pondering and tactical actions, management expertise, ethics and communication.
Ahmed Faqir al Bulushi, DGM – Human Resources, stated, “Bank Muscat is happy to see the steady progress of the Jadara Management Development Programme. In line with the vision of His Majesty Sultan Qaboos bin Said for a qualitative shift in national workforce, the bank is committed to providing career growth opportunities for competent employees and the Jadara programme is designed to further energies the bank’s human resources in its quest for greater achievements.”
Bulushi added, “Banks today are facing unprecedented levels of competition from traditional banks, newly forming banks and a rising number of Fintech companies offering financial service equivalents. Coupled with increased regulatory requirements, changing patterns in customer demographics and fluctuations in economic conditions, these disruptions are demanding that banking managers and leaders focus more time and energy on professional development. As a leader in its field and in line with the bank’s commitment to providing rewarding learning opportunities, Bank Muscat has proactively worked with a number of executive education providers to ensure their senior leaders and managers are well-equipped with the skills, tools, knowledge, behaviours and attitudes that are required in this even-changing environment.” At each and every module, participants will develop on expertise and understanding attained to find out-realize-apply emerging ideas and suggestions from monetary institutions across the globe, and deploy these tools to contemplate Bank Muscat’s present possibilities and challenges. Assessments on different types will take spot among sessions and among modules, to make certain the programme faculty and participants measure the outcomes and top quality-assure the outputs from the programme.
The intent of the studying method is to create and embed the basic expertise that will greatest serve the implementation of the bank’s strategic vision, operational objectives and extended-term sustainability and resilience.
Bank Muscat has the distinction of outstanding leadership at all levels and has accomplished more than 94 per cent Omanisation, providing priority for Omanis to occupy important positions. The bank’s human sources method is notable in preserving gender diversity as 48 per cent of staff are ladies holding different positions, which includes senior management positions.
Bank Muscat reckons its competent folks as important strength and is focused on equipping them to make important contributions to the bank’s development and achievement. The bank plays a prominent part in the improvement of Omani talent and is committed to investing in enhancing their talent and experience. The improvement of human sources is a priority in the bank which gives educational and instruction possibilities to staff. Bank Muscat tends to make substantial allocation in the annual spending budget for instruction and improvement of human sources in all functions and responsibilities assigned to them.
The instruction and improvement programmes are held by means of specialised educational courses by accredited instruction centres or by means of academic hyperlinks with colleges, universities and institutes at regional and international levels.
Information Source: Muscat Daily