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    KSA PPT TEXT

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    PPT GUIDE FOR KSA STRATEGIC MANAGEMENT

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    KSA PPT TEXT

    Uploaded by

    diwachina23
    1 views2 pages
    PPT GUIDE FOR KSA STRATEGIC MANAGEMENT

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    PPT GUIDE FOR KSA STRATEGIC MANAGEMENT

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    1 views2 pages

    KSA PPT TEXT

    Uploaded by

    diwachina23
    PPT GUIDE FOR KSA STRATEGIC MANAGEMENT

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    Kingdom of Saudi Arabia Strategic Management

    Introduction

     Geography: The Kingdom of Saudi Arabia (KSA) is situated in the Middle East, on the Arabian
    Peninsula, and is known for being the birthplace of Islam with Mecca and Medina.

     Government: KSA is ruled by King Salman bin Abdulaziz Al Saud in an absolute monarchy.

     Economy: Heavily reliant on oil exports; efforts are underway to diversify through Vision 2030.

    Chapter 1: Strategic Management Process

     Environmental Analysis: Identifies external challenges such as global economic shifts and internal
    issues like reliance on oil.

     Vision & Mission: Vision 2030 aims for a diversified economy, increased investment, and improved
    citizen quality of life.

     SWOT Analysis: Highlights strengths (oil reserves), weaknesses (high dependence on oil),
    opportunities (renewable energy), and threats (geopolitical instability).

     Strategy Formulation: Focused on diversifying into sectors like tourism and manufacturing.

     Implementation: Involves oversight agencies and KPIs but faces challenges like limited stakeholder
    engagement.

    Chapter 2: Business Environment for Competitive Strategy

     Macroeconomic Factors: A growing youth population and strategic location attract foreign
    investment.

     Political Environment: Focuses on economic reforms and improving business conditions, reflected
    in its jump on the World Bank's Ease of Doing Business Index.

     Social Dynamics: Emphasizes Saudi workforce participation and Saudization policies.

     Technological Advancements: Investment in digital infrastructure and e-government services to


    boost competitiveness.

    Chapter 3: Internal Operational Environment

     Cultural Influence: Strong Islamic traditions affect business practices; emphasis on relationships
    (Wasta).

     Economic Context: Oil price fluctuations affect businesses; Vision 2030 promotes private sector
    growth.

     Human Resources: Large foreign workforce raises concerns on local talent; need for Saudization.

     Government Role: Significant in creating regulations while pushing for entrepreneurship and SME
    growth.
    Chapter 4: Strategy Formulation in Business Actions

     Vision & Objectives: As per Vision 2030, goals include diverse economic sources, enhanced human
    capital, and societal cohesion.

     External & Internal Analysis: Identifies market opportunities, resource strengths, and areas
    requiring development (e.g., non-oil revenue).

     Strategic Implementation: Actions to promote foreign investment and develop infrastructure are
    ongoing.

    Chapter 5: Dynamics of Competitive Rivalry

     Regional Rivalries: Competition with Iran complicates security; economic rivalry with the UAE
    affects oil pricing and investment attractiveness.

     US Relations: Strained ties due to policy differences pose challenges for foreign investments and
    regional influence.

     Vision 2030 Implementation: Projects like NEOM create competitive platforms against neighboring
    nations seeking similar growth paths.

    Chapter 6: Corporate Expansion and Strategic Action

     Key Sectors for Growth: Manufacturing, logistics, tourism, and renewable energy are prioritized for
    economic diversification.

     Investment Attraction: Initiatives streamline investment processes with SEZs facilitating favorable
    business environments.

     Challenges: Long-standing oil dependency necessitates efforts toward sustainable economic


    structures and skill development.

    Recommendations

     Engage Stakeholders: Enhance inclusivity in planning and execution strategies.

     Ensure Transparency: Adopt clear metrics to foster accountability in governance.

     Diversify Economic Engagement: Shift focus more aggressively towards non-oil sectors to mitigate
    risks related to oil dependency.

    Understanding these dynamics is critical for effective strategy formulation and ensuring sustainable growth
    within the Kingdom of Saudi Arabia's rapidly evolving economic landscape.

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