Abu Dhabi vision 2030 is a set of policies and strategy agendas put together in 2006 by the authorities of Abu Dhabi’s government to initiate a secure and confident society with a sustainable economy. The United Arab Emirates relay mainly on oil to support their economy which the vision hopes to change by diverting their dependence on oil to transform the city of Abu Dhabi into a sustainable world-class city. The vision’s aim is partially social and partially economic in different means from creating a well-thought-of city to live in and do business to respecting the environment while considering the future’s standards.
The 2030 vision provides a set of directions where certain enterprises in Abu Dhabi have developed their individual strategies that focuses on achieving their set of goals. There are many approaches to achieving the main aim of the vision, however, the most significant ones are the Abu Dhabi Economic Vision 2030 (introduced by the Abu Dhabi Council for Economic Development) and the Abu Dhabi Urban Planning Vision 2030 (introduced by Abu Dhabi Urban Planning Council).
Both set of visions started being carried out in 2008 in a more detailed way to achieve the intended goal of these strategies. However, the global economic slowdown that followed in 2008 was a major setback of the Vision as the prices of oil dropped and so some of the proposed ideas in the vision were cut out and the vision was adjusted.
Abu Dhabi Economic Vision 2030
The priorities of Abu Dhabi Economic Vision 2030 is building a sustainable economy and ensuring the development of the country socially and regionally is balanced so that the benefit will affect the wellbeing of the population of the Emirates when the economy is at growth. The main obj...
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...pen up the opportunity for the development of new technologies to be announced commercially and exported globally.
Economic Diversification
The country’s economic diversification is based on the expenses spent by the government on different areas than oil such as media. One example is the Twofour54 Corporation which is created for the sake of enabling the development of world class Arabic media. The development in health care is also part of the five years plan and the advances in petrochemicals is being looked at as well. The country’s strategy to develop in other areas like aviation and financial services have been receiving a notable attention since these areas will undoubtedly boost the economic status of the country. The addition of renewable energy projects to the country’s economy is a major upsurge hence it will improve the image of the country globally.
Both, vision and mission statements provide purpose to organizations. Therefore, they should set the foundation for the strategic planning process. However, if and organizations strategic direction evolves, leaders should consider revising the organization’s mission and vision
Other countries and nations will also come out with their own, which ultimately benefits all countries participating. These inventions will continue
In a world of fast-challenging technology, we can only remain competitive by continuously refining and expanding our technical capability.
to achieve or accomplish in the mid or long-term future. Vision is putting what you hope to
My vision is to have a plan for where my life is heading, to be able to adapt to the inevitable changes that arise, and keep my values in tact that help me to live a meaningful and valued life.
SDIR 2010. Doha - Qatar: DG Directorate - QP , 2010. Sustainable Development Industry (SDI) Report.
In other words, strategic objectives differ from goals/visions in terms of feasibility, practicality, and ultimately implementation. This theme makes its way into essentially every portion of the book, as it is vital to strategy. Often times, strategic planning and strategic thinking is thought to be any action performed by upper management. Rumelt debunks this myth and inserts that these executives are motivating and energizing their employees at best through vague visions and mission statements. Instead, upper-level management should actually focus on opportunities and detail orientated actions to avoid bad strategy. The same logic can be applied to hopeful wishes (over ambitious goals). These goals contain a great deal of uncertainty, as they lack a level of reality and planning. In fact, good strategy should be based off of an educated guess, even if that means you take a stance on an uncertain issue. Rumelt explains, “A new strategy is, in the language of science, a hypothesis, and its implementation is an experiment. As results appear, good leaders learn more about what does and doesn’t work and adjust their strategies accordingly” (Rumelt, 2011, pg. 241). In other words, successful strategists are constantly evaluating and adjusting their original hypothesis to perfect their strategy. This hypothesis allows them to
The purpose of this vision. Which explains why Marriott choose this vision and who is involved.
In 2003 Emaar, a leading real estate company in Dubai, announced a new tower to be built in Dubai’s financial district, aimed to be the Middle East’s financial hub, thus strengthening Dubai’s plans to become the world’s “capital” city. Moreover, Emaar planned to build a unique tower in order to attract customers to invest in the tower itself and Dubai’s market. The tower was named The Burj Dubai and was intended to be complete by 2009. In February 2004 construction began at the Burj’s site. Meanwhile, the economic crisis had hit Dubai leaving many developers to go bankrupt. Abu Dhabi, The United Arab Emirates’ capital city decided to fund up to $10 billion dollars worth on going projects in Dubai including the Burj Dubai. In return the Burj Dubai had its name change to The Burj Khalifa, after the Sheikh Khalifa Bin Zayed, the governor of Ab...
Over the past 200 years, mankind discovered the fossil fuels and they used this source to produce hug energy. This affects the environment in many negative ways and caused many issues worldwide such as urban air pollution and acid rain, oil spills and the high temperature of earth. Saudi Arabia has the biggest oil reserves in the world by 19.66% (the world factbook, 2011) and the second oil producer country in the world with roughly 10.121 million barrels a day – which account for 12% of the total world production of oil in 2010 (Fontinelle,2011). Moreover, the country relies heavily on oil industry. And the most successful companies in the country are thus whose work in oil industry such as ARAMCO Company. The reason behind this success is because most of these companies get financial support and attention from the Saudi government and sometimes the government owes these companies. Because of the massive reserve of oil and the high income that generated from oil, the country has less attention to seek for other sources of clean energy such as solar energy and wind energy which leads to the increase of air pollution in the country. However, oil is expected to last in the next 50 to 100 years (Hubbert, 1956). Furthermore, the International organizations have made many decisions to protect the environment and environmental resource such as Kyoto Protocol which decided to raise the use of solar energy to 50%of the total global energy use by 2020 (UNFCCC ,2005 ). Recently, these issues lead the Saudi government to realize problems, such as air pollutions, and start to invest in clean energy area but not as expected. These days many people in Saudi Arabia argue the uses of clean energy and replace with the fossil fuels. And they d...
It is the United Nation’s goal and the core responsibility of ECOSOC to take the necessary steps to end these abhorrent life styles and attain sustainable development on all three pillars – economic, social and environmental. Based on the work of the United Nations Department of Economic and Social Affairs the 2030 Agenda for Sustainable Development, transforming our world, is a plan for people, planet and prosperity. This plan seeks to eradicate poverty in all its forms and dimensions and is considered indispensable for sustainable development. The 2030 agenda seeks to empower all women and girls, and achieve gender equality, protect the planet from degradation, promote sustainable consumption and productions with the intention it will support the needs of present and future generation and foster prosperity and groom social, economic and technological progress to occur in harmony with the nation. Peace and sustainable development go hand in hand and is therefore a part of the plan for the 2030 agenda, to attain peaceful societies free from fear and
However, despite the long-term economic growth, technological progress is very important, and even if we...
Managers should take note of the value in inquiry, development, and forecasting future technological innovations in order to keep ahead of their competition.
Samarai M.A. Qudah L.M. 2007. Planning Sustainable Mega Projects in UAE. World Housing Congress. Pg 1 – 20.
UAE consists of seven emirates : Abu Dhabi ,Dubai , Sharjah, Ajman, Fujairah , Ras Al Khaimah and Umm Al-Quwain which is a federal state. Sheikh Zayed is one of the foundations of the Union on the second of december 1971 , where the Sheikh Zayed converts Emirates of empty desert into a green paradise . Consists state emblem is a science that combines four colors red , white , green and black . National anthem is the anthem Emirates National , which echoes in every morning in most government and private institutions . Abu Dhabi is the capital of the United Arab Emirates Abu Dhabi is one of the most world cities sophisticated in terms of modern infrastructure fit its position as a hub economic and political to the United Arab Emirates are They combine its role as a destination for business and tourist destination from shopping in shopping malls Superior to swap in traditional markets as well as enjoy the miles of sand golden beaches to break in one of the public parks in the city and dine at five-star hotel to the safari distinctive and enjoyable , and famous Emirate and the largest in terms of area is Dubai . Arabic is the official language of all the people of the United Arab Emirates . System of government is a federal system known from time immemorial . The head of state , Sheikh Khalifa bin Zayed Al Nahyan , who is also Ruler of Abu Dhabi , who succeeded his father, Sheikh Zayed , the Minister is the Minister Sheikh Mohammed bin Rashid Al Maktoum . Emirates has an area of approximately 83,600 km 2 ( 116 ) and estimate the proportion of water in which 1.1 percent , also the population of the United Arab Emirates to a 8.264 million rate of a million that have been counted in 2011 before 3 years . The population density of t...