al fara'a group share best practices presentation
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Delivering world-class turnkey solutions
2013
OUTPERFORMANCETHROUGH LEADERSHIPAND STRATEGY
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LEADERSHIP STYLESCONSULTATIVE | COLLABORATIVE | CONDUCIVE TO LEARNING
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All key decisions taken in due consultation with team members, and authority matrix is used to guide decision making process
Senior Leadership team regularly interacts with major stakeholders to keep them updated and share future plans
Al Fara’a employees are encouraged to take ownership of their tasks, and continuously learn and grow
CONSULTATIVE
COLLABORATIVE
CONDUCIVE TOLEARNING
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LEADERSHIP OF ORGANIZATIONAL CULTURE
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VISIONTo be the clients' first choice in turnkey solutions for specialised and integrated construction requirements across the GCC and Asia
MISSIONWe achieve our vision through adhering to the highest safety,quality and environmentally centric practices while completing our projects on time and within budget. We continuously invest in technological capabilities and innovation to ensure market adaptability. We are dedicated to empowering our employees to warrant their professional growth with rewarding careers. We are devoted to their safety, health, and job security.
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VISIONTo be the clients' first choice in turnkey solutions for specialised and integrated construction requirements across the GCC and Asia
MISSIONWe achieve our vision through adhering to the highest safety,quality and environmentally centric practices while completing our projects on time and within budget. We continuously invest in technological capabilities and innovation to ensure market adaptability. We are dedicated to empowering our employees to warrant their professional growth with rewarding careers. We are devoted to their safety, health, and job security.
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THE 9 E’sEthics
Excellence
Exceeding Expectations
Entrepreneurship
Empowering Employees
Emphasis on Quality
Ensuring Safety
Environmental Leadership
Enduring Social Investment
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LEADERSHIP IN ACTION THROUGH
STRATEGYANALYSIS | DEVELOPMENT | IMPLEMENTATION
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ANALYSISIdentifying and understanding theneeds of our stakeholdersand integrating these learningsinto our policies and processes
PARTICIPATION IN SEMINARS & CONFERENCESUAE | KSA | India
INFORMATION COLLECTION METHODSSWOT | PESTEL ANALYSIS | Financial ForecastsExpense & Budget Forecasts | Break Even Analysis etc.
MONITORING TECHNICAL DEVELOPMENTSTrade fairs | Business Development inputs | Membership in professional bodies | Sharing of infoWithin Group companies
KRA & KPI OUTPUTResults and performance are measuredagainst balanced scorecard to determine areas forimprovement
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ANNUAL BUSINESS PLANS
STRATEGY MAP & BALANCED SCORECARDBased on the HOSHIN KANRI methodology
UTILIZING THE ISO MODELMaintaining process frame work | communicating and deploying procedures | outlining controlled documentation
DEVELOPMENTCreating the road map for thecompany’s journey towardsExcellence
Divisional and departmental plans emphasizing short-term and long-term goals that get cascaded through all employee levels via well-defined KRAand KPI’s
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BALANCED SCORE CARD IN 4 KEY AREAS
ENTERPRISE RESOURCE PLANNING
STRATEGY and MANAGEMENT REVIEW
PERFORMANCE MANAGEMENT SYSTEM
IMPLEMENTATIONDriving strategy and visionacross the length and breathof the chain of responsibilities
Finance | Customer | Internal Process | Learning & Growth
Automating and streamlining processes throughcutting edge technology
SRMs held quarterly | MRMs held monthly
Managing employee performance to facilitate effectivedelivery of strategic goals and objectives
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WE ARE ABLE TO OUTPERFORM THROUGH LEADERSHIP AND STRATEGY BY…
Introducing highly qualified people in the leadershippositionClearly defining roles through delegation and authority matrixIncorporating HOSHIN KANRI methodologies inStrategy developmentImplementing KRA | KPI system to measure performance
Institutionalizing Performance Management System
Regularly tracking progress through SRMs and MRMs
Aligning the organizational structure to deliver strategy
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LEADERSHIP RESULTS
AWARDS | STRONG TURNOVERS | CUSTOMER & EMPLOYEE SATISFACTION |
SUCCESS STORIESCSR
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THIRTY AWARDS RECEIVEDWITHIN FIVE YEARS
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CSR
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MOHAMMED BIN RASHID AL MAKTOUM AWARDfor AFGCO in 2012 and for Unibeton in 2011
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SHEIKH KHALIFA EXECELLENCE AWARDfor ASEM in 2012 and Unibeton in 2011
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DUBAI QUALITY AWARDfor AFGCO and ASEM in 2010, and Unibeton in 2009
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CONSTRUCTION WEEK AWARDSIn 2011 and 2012
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STEVIES INTERNATIONAL BUSINESS AWARDS In 2011 and 2012
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STRONGTURNOVEREmerging victorious despite the downturn by…
Leveraging on Group capabilities
Sound management systems
Expanding global footprint to countries such as KSA, India and Qatar
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CONSISTENTLYPOSITIVE EMPLOYEESATISFACTION SCORESAcross 10 Categories
80%CUSTOMERSATISFACTIONINDEX
Communication
Customer andQuality Orientation
Empowerment
Identificationwith thecompany
Management
InvolvementAnd Participation
PerformanceRecognition
Teamwork
Living conditionsand companyaccomodation
Work Demands
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THANK YOU!