The Gulf 'innovative Environment' Recommends The Need For Effective Risk Management

30 August 2020 Kuwait

Participants in the first virtual conference to support the innovation environment and entrepreneurship in the Gulf Cooperation Council countries called for the need for effective risk management in private and public institutions to predict and act on upcoming risks.
Conference chairperson Dr. Hanadi Al-Mubaraki said, in a press statement today, Sunday, that the conference recommended the necessity of elaborate strategic planning and a review of the procedural and logistical tools used in business environments and enabling technology and its tools to the maximum extent possible.
She indicated that he recommended training human cadres to use technology optimally and transfer knowledge to the consumer, directly or indirectly, about the use of virtual platforms, and the need for governments and the business sector to support innovative ideas to transform them into activities and projects that provide excellent services.
Al-Mubarki explained that he also recommended creating channels of cooperation and partnership between the supporting bodies in the countries of the Gulf Cooperation Council to support expansion plans for developing companies, open up the field of investment and create awareness about investment in small and medium enterprises.
She said that the strategic advisor in the General Secretariat of the Gulf Cooperation Council, Misfer Al Rasheed, in his paper touched on the design of virtual platforms, which depends on learning, knowledge, planning, construction, follow-up, evaluation and continuous improvement, and then moved to the role of virtual platforms in supporting development by supporting governments and systems for these platforms as well as providing and maintaining The basic resources that enhance the role of these platforms in Gulf societies.
She pointed out that the participation of the Kingdom of Bahrain through the governmental institution "Tamkeen", where Essam Hammad touched on the main factors to strengthen the entrepreneurship system, such as financing and the need to facilitate the entrepreneur's access to investment capital and simplify procedures for obtaining loans and microcredits.
She indicated that the participation of the United Arab Emirates represented by the Khalifa University of Science and Technology was presented by Dr. Sami Bashir, Director of the Center for Innovation and Technology, during which he talked about the role of Khalifa University in supporting and enhancing the innovation environment in the Gulf society and creating creative people through training and qualification and providing advice to students to convert their innovative ideas into pioneering projects. Serving the community through new services and innovative goods.
She said that the Director of the Hamdan Bin Rashid Al Maktoum Foundation for Giftedness and Innovation, Dr. Maryam Al Ghawi, spoke about the services provided by the center through the Fab Lab, in addition to the many classrooms in which many applied workshops are held, as well as places for self-learning and entertainment.
She pointed out that Hammoud Al-Hamdan, Director of the SAS Center for Entrepreneurship in the Sultanate of Oman, spoke of the main objective of the center, which contributes to the growth of entrepreneurship in the field of information technology, with the aim of contributing to the development of the information technology industry, providing job opportunities and creating small and medium companies to be commercially viable.
She referred to the participation of the Sabah Al-Ahmad Center for Giftedness and Creativity, as Hamad Al-Aftan, Head of Innovation Department, spoke about the vision of the center, which lies in the center becoming a distinguished institution internationally and concerned with the care of talented and creative people from the State of Kuwait and investing their creativity for the purposes of development and bringing them to the world.
She said that Manafy spoke about the experience of the National Fund for Small and Medium Enterprises as a government institution and its contribution to creating an environment conducive to entrepreneurship by contributing to the development of laws to meet the challenges facing entrepreneurs.
She pointed out that Iman Al-Badr of the Intellectual Property Training Center of the Cooperation Council for the Arab States of the Gulf spoke about the importance of protecting intellectual property rights on the economies of the GCC countries and creating an attractive economic investment environment for regional and global multinational and transcontinental companies to invest in markets that protect intellectual property rights of all kinds. .
She indicated that Ghadeer Al-Jumah, President of the Development Entrepreneurship Association indicated that in light of the crisis that the world is currently facing due to the spread of the Corona pandemic, the need for technical projects that provide remote services in all areas has emerged, and it is time to think in a different way and start adopting the idea of ​​having virtual platforms that provide services An integrated entrepreneur that helps him launch his entrepreneurial project.
She noted that the role of Al-Sumait, Chair of the Women Entrepreneurs and Professional Network, spoke about the ability to change the project model from the traditional to the innovative type, using a number of tools, including converting regular marketing to electronic, payment through electronic sales and the effectiveness of customer service to meet desires.
She said that the head of the Tajir developmental platform, Aroub Al-Hussainan, said that the platform seeks to create fertile businesses for entrepreneurs and investors in the Gulf countries in particular and the Arab world in general, and is working to establish bridges of partnership and cooperation links between entrepreneurial investors and bold capitalists on the one hand, founders of emerging projects and ambitious ideas On the other hand.

 

Source: Alraimedia

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