Apr 22 2017
HH Sheikh Nahyan and HH Sheikh Ahmed awarded 49 winners of the Golden Peacock Awards
Dubai Quality Group in association with The Institute Of Directors, India organized the 27thWorld Congress “Dubai Global Convention” on ‘Leadership for Business Excellence & Innovation’, held from 18-20 April2017 at The Hotel, Grand Hyatt Dubai (UAE), under the theme “Driving Performance Excellence through Disruptive Innovation and Visionary Leadership”, In order to represent the Quality, Business Excellence and Leadership.
Dubai Global Convention is a flagship event being held annually. The convention is a platform to nurture, celebrate and reinforce the spirit of enterprises to bring together opportunities for learning and sharing between the member and associated companies and organizations, covering transformational leadership for disruptive innovation and business excellence. It’s one of the initiatives that bring forth diverse companies and dignitaries on one platform, to critically discuss various themes of achieving Business Excellence and explore giant business collaborations.
The convention held under the patronage of His Highness Sheikh Nahyan bin Mubarak Al Nahyan, Cabinet Member and Hon’ble Minister of Culture and Knowledge Development, Govt. of UAE, where is the Chief Guest Keynote Address.
In the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, President, Dubai Civil Aviation Authority, Chairman and Chief Executive, The Emirates Airline & Group, Chairman, Dubai World, and the Patron of Dubai Quality Group as the Chief Guest to give away most coveted Golden Peacock Awards of the year 2017.
And the presence of His Excellency Sultan Ahmad bin SulayemGroup Chairman and CEO, DP World, His Excellency Dr.Khalaf Ahmad Al HabtoorGroup Chairman, Al Habtoor Group , General Ahluwalia, Baroness Verma and a large number of Industry leaders from India and world.
His Highness Sheikh Ahmed bin Saeed Al Maktoum, especially welcomed all of the leaders who had come from India and a host of other countries.
The Institute of Directors has fashioned a program that will reward your participation. And having confronted the roughly 100 challenging questions in the stimulating theme-essay written by Professor Colin Coulson-Thomas, you face a steep ascent to total success. I figure that in each of your meeting hours, you will have to answer at least six of Professor Coulson-Thomas’s questions. You have a difficult climb ahead of you.
Of course, to your advantage, you are considering familiar subjects that occupy your thinking every day. Performance excellence is always on your mind. You know that your reputation for business-savvy will suffer if you are not prepared to discuss disruptive innovation at any time of the day or night. You probably extol visionary leadership at least once a day.
At the same time, you know from experience how hard it is to transform your thoughts on those critical subjects into actions that satisfy you. Decisions required of board members are rarely simple. In the struggle to reach the right decisions, board members inevitably reflect on their own values. Professor Coulson-Thomas captures a typical situation in this quotation from his theme-paper:
A fundamental question for many boards is whether to only adopt innovations that match existing policies, strategies, values, culture and capability, or whether these should be reviewed and a new set adopted in order to maximise the opportunities created by disruptive innovations. Returning to the issue of visionary leadership, should it be innovation led or values led? Should one squeeze out as much profit as is technically possible when exploiting an innovation and adapt ones positioning to suit, or hold back because of inclusiveness issues, ethical questions or sustainability concerns?
I hope that Professor Coulson-Thomas’s central question is not rhetorical. I hope that he expects an answer. Should visionary leadership be innovation-led or values-led? The choice seems to be between a controlling regard for change and a ruling respect for moral correctness—a choice between aiming for change that generates profit and aiming to do the morally right thing, change or no change.
I suspect that the easier choice aims for change. Despite the uncertainty of the consequences, change—that is, innovation—whether sustaining or disruptive, possesses a pleasing objective quality that appeals to us all, both management and boards of directors. On the other hand, agreeing to and honoring moral standards may seem to be beyond us, particularly in our inherently diverse global economy. But I believe that we all share certain values that distinguish our global civilization. Those universal values can readily unite boards and management in ways that promote innovation for the common good.
Some academics in the United States of America recently surveyed the sacred texts of the seven most prominent world religions, as well as documents from a humanistic, an atheistic, and a secular organization, namely, the United Nations. The scholars searched for shared beliefs and settled on a short list of four values.
- - A commitment to something greater than oneself.
- - Self-respect tempered by humility, self-discipline, and acceptance of personal responsibility.
- - Respect and caring for others.
- - Caring for other living things and the environment.
Those are moral values that, I daresay, we all try to honor. They justify actions that give us joy and a feeling of moral satisfaction. They provide the standard by which we can measure the goodness of an innovation as well as a corporate vision. The universal adherence to those values results in actions that bring us together as global citizens.
We witness that phenomenon on a daily basis in the United Arab Emirates. Our global society includes people from 200 different nationalities. I believe that we are comfortable with globalization because we are willing and able to connect beyond our borders in a curious, somewhat adventurous, and always respectful fashion. We have acknowledged that diverse elements constitute our world. We have not demanded that people different from us shed their identity and become instead reflections of us. We have recognized universal values that we share with other people. We have come to judge people by their actions, not their nationality, culture, ethnicity, religious or philosophical beliefs, gender, language, or physical appearance. We know as well that knowledge comes from all over the world. We are not the exclusive source of knowledge.
At the heart of our success has been enlightened leadership that itself subscribes to universal values. Our national leaders—namely, our President, His Highness Sheikh Khalifa bin Zayed Al Nahayan,President, and His Highness Sheikh Mohammed bin Rashid Al-Maktoum, Vice President, Prime Minister, and Ruler of Dubai, and His Highness Sheikh Mohammed bin Zayed Al-Nahayan, Crown Prince of Abu Dhabi and Deputy Commander of the Armed Forces—are dedicated to committing our government to respecting and caring for others, to protecting the environment, and to promoting the values of giving back to the community and the full engagement with all important issues of the day – all parts of the four universal values A mutual respect for universal values is the basis for the bond struck recently between Prime Minister Modi and His Highness Sheikh Mohammed bin Zayed Al-Nahayan. A mutual respect for universal values has enabled the deep and enduring friendship between UAE citizens and the Non-Resident Indians who have helped and who continue to help the UAE develop as a peaceful and prosperous global crossroads.
HH Sheikh Nahyan ending his speech saying “I would like to close with a final reference to the broader, overarching aspect of the reason you have come together at this convention. I refer, of course, to the fact that this is a Leadership Convention. Leaders in this age must have a global view and an understanding of how their organizations, their countries, and their regions fit into the global context. Leadership in this age is required to understand that our future success depends on our ability to innovate and create new knowledge, new technologies and new products and processes. Success depends on building relationships across boundaries and borders and strengthening cooperation at all levels.”
Golden Peacock Awards has been one of the prime initiatives of IOD, India for corporate leadership and institutional excellence which, over time, have become a hallmark of excellence, both locally and globally. Based on Internationally recognized criteria, the credibility of these awards lies in the transparency depth and impartiality of the assessment process. No other business Awards today receive the kind of recognition and adulation among peers that the Golden Peacock does
The Award applications are assessed at three levels, initially by independent assessors, then by an assessment board, and finally by a Grand Jury. These prestigious and coveted awards hold enormous significance for bringing about best practices-based competition among the industries, and ushering them into excellence. The Awards are now given in 13 functional areas, for Business Excellence, Quality, Environment, Innovation, Training, Governance, CSR and Risk Management & Sustainability. These have become the benchmarks for corporate excellence, attracting more than a thousand applications annually. These include some of the top Fortune 500 companies worldwide.
Fatma Buti Almheiri Chairwoman, Dubai Quality Group, said “I am honored to be part of this distinguished gathering the 27thWorld Congress Dubai Global Convention where the Chief Guest Keynote Address is His Highness Sheikh Nahyan bin Mubarak Al Nahyan. And the Chief Guest Address for The Golden Peacock Awards”, our Patron His Highness Sheikh Ahmed bin Saeed Al Maktoum”
She added “As known today the global economy is passing through significant economic challengeswith shifting the center of gravity of global economy. While today UAE is one of the fastest developing economy nations, diverse its position from a holistic government initiated the approach, towards business excellence and innovation. The footprints of UAE are significant and hold much for the nations to learn and apply.
She added “Under the wisdom and guidance of H. H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai,Dubai become a destination for a perfect backdrop and deliberate, given the unprecedented business opportunities offered by this fast growing entrepreneurial capital of the Middle East.”
She added “As we know the Business Excellence is outstanding practices in managing the organization and achieving results, all based on a set of fundamental concepts or values. These practices have evolved into models for how a world class organization should operate. Business innovation is a process for introducing new ideas, workflows, methodologies, services or products.”
Since 2012 Dubai Quality Group proud to associate and collaborate with Institute Of Directors (IOD), India that has over the years grown to associate with around 31,000 senior executives, representing prominent organizations from the private, public and government sectors India-wide, and now, increasingly, world-wide. IOD, India was one of the first to think of enhancing Governance and Sustainability through a constructive engagement, focusing on a principle-based model of corporate governance
By leadership and organizational capabilities will be easy to manage Innovationchallenges that we face every day, therefore Dubai Quality Group aimed to “Innovate to Lead”, with an emphasis on innovation, as a major element in leadership.With a mission to empower organizations & professionals to adopt and sustain world-class Business Excellence practices through partnerships, networking and knowledge sharing, which considered the best way to remain relevant and competitive and stimulate innovation.