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Dewa scores high in Palladium's Strategic Planning study

DUBAI, August 24, 2020

Dubai Electricity and Water Authority (Dewa) has achieved outstanding results in Strategic Planning & Execution Practice Positioning Study conducted by Palladium Group, the international authority for Balanced Scorecard framework.
 
The study evaluated the positive effects of implementing the Execution Premium Assessment (XPA) strategy and compared Dewa practices with around 200 global organisations who are the best in class ‘Hall of Fame organisations’ in strategic planning and execution. 
 
The Dubai utility scored 4.3 while the Hall of Fame Average Score is 3.8.
 
"Our strategy is inspired by the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, who transformed government work to compete with the private sector in many areas. We believe that the right planning is key for proper management to achieve desirable results and pave the way for the future," remarked  Saeed Mohammed Al Tayer, MD & CEO of Dewa.
 
"This is according to long-term strategies that are approved after several brainstorming sessions among our teams, who research and identify the requirements and responsibilities of each team member. This ensures keeping pace with rapid change and maintaining excellence," he stated. 
 
According to him, Dewa is committed to raising awareness and strategic thinking among society to include all stakeholders, to provide the highest levels of performance and enhance competitiveness.
 
Al Tayer pointed out that Dewa had always adopted ambitious strategies ensuring the water and energy sectors reach advanced positions globally. 
 
"In 2000, we began applying the Balanced Scorecard framework and continued to develop its strategic planning mechanism to become the first government organisation in the Middle East and North Africa to win the Hall of Fame – the highest international award in strategic planning," he added.
 
Khawla Al Mehairi, Executive VP (Strategy and Government Communications) said: "At Dewa, we ensure systematic strategic planning to anticipate and shape the future. We also enhance our social partnership and provide consultation in training and education, in collaboration with world-class organisations."
 
She said Dewa strived to enhance the capabilities of its employees in preparing future strategies, developing, and implementing them in accordance with its vision. 
 
"This is in addition to identifying the required skills to implement the strategies; using the latest strategic planning tools, including 3G Balanced Scorecards; outlining performance indicators and smart objectives to measure efficiency and reliability, among others," remarked Al Mehairi. 
 
Prof Robert Kaplan of Harvard Business School and one of the creators of the Balanced Scorecard, said he was impressed with the recent work done by Dewa in updating its strategy map and strategy execution framework."
 
It was an early adopter that we learned from, so we could extend the model to other organisations in the region. Dewa recognised that excellence and strategy execution is a journey and an ongoing process of learning and improvement, he added.-TradeArabia News Service 



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