Attracting & Retaining Top Local Talent

Eng. Hani Ibrahim Khoja

Co-Founder & MP

Elixir Management Consultancy

LinkedIn Company Page

We are going through major

transformations with Vision 2030;

• As a nation

• As organizations

• As individuals

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Saudi Arabia is going through

major transformations

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Mining & Petrochemicals will be seen as important

future contributors to non-oil exports.

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Mining reserves are large &

low cost to extract.

Phosphate, bauxite, gold,

copper.

High potential to expand from

bulk chemicals to value

added, downstream

applications.

Residential real estate market will expand. On Jan.2016, announcement was made that 1.5 million homes will be built over next 7 years.

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This will be achieved by;

Making more land available at

affordable prices via outstanding

execution of new land tax.

Ensuring credit to developers via a)

bank loans & b) off-plan sales.

Expanding mortgage penetration

beyond 4-6% of GDP via establishment

of state-owned mortgage provider(s).

Hospitality & Tourism will be a key engine of non-

oil revenue. Umrah is critical.

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Telecom sector will generate significant revenue

and jobs

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This will be achieved by;

Possible hiking up of fee rates

(currently at 7-15% of net revenues).

Encouraging enterprise growth.

Private sector will play a larger role.

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Aramco IPO at parent &/or downstream

assets will be delivered.

Saudia Airlines, Saudi Cargo, airports,

seaports, will be privatized.

Healthcare & Education services will be

partially privatized.

Banks will be asked to provide new investment

capital and take on more risk.

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Banks will support SMEs & residential

mortgages.

Banks will launch new models of financing;

bonds, asset securitization.

Local banks must increase competitiveness vs

new global players who will enter the market.

There will be reforms to improve ease of doing

business. 2016 World Bank Ease of Doing Business report: KSA 82nd out of 189

countries.

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Problem areas:

Customs clearance / trading across borders.

Accessing credit.

Protection of minority investors.

133 recommendations on improving competitiveness were recently

approved by CEDA. To be announced in next 6 months.

A focus will be made on job creation to

accommodate high growth of the labor market.

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Average monthly pay in public sector is

60%+ higher than private.

Public sector working conditions are easier.

Vacations are longer.

How can we achieve; “Privatization with

Nationalization”.

To balance budget within 5 years, $100 billion

savings must be generated

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Subsidy reform can generate $ 30 billion.

CAPEX savings. Jeddah airport expansion

($8bn), Riyadh metro ($23bn)!

OPEX savings. Public payroll reductions via

privatization. Allowances reduction.

Procurement budgets.

VAT can generate $10 billion.

Green card & Sin Tax are other ideas.

Elixir Management Consultancy

is going through major transformation

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Sharing our values with top talents

Elixir launched a

LinkedIn campaign to

increase awareness

among top talents

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Talents were highly engaged and interested

نشارككم الشغف

في تطوير بلدنا

أرغب

باإلنظمام إليكم

نشارككم قيمكمMore than 99K IMP in one week!

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Our vision, mission, & goal are

dependent on local top talent

Vision

Mission

Elixir will be the most trusted management consultancy firm to

overcome complex challenges confronting the GCC.

Elixir will enable top talent to develop a deep understanding of the

local customer and market, translate into sustainable strategies,

and then implement with excellence.

Our goal Our goal is to be one of the 3 most trusted management

consultancy companies in the GCC by 2020.

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Elixir “secret sauce” in attracting/retaining

top local talent

Elixir Corporate Culture Leadership, Collaboration, Passion to Succeed, Innovation, Integrity

Purpose Personal Growth

Ownership

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At the peak of Mount Kilimanjaro, we had an epiphany!

I have the ability to achieve my dreams…

1 step at a time. Top Confidential

وإذ قال ربك للملئكة

إني جاعل في الرض خليفة

ماء قالوا أتجعل فيها من يفسد فيها ويسفك الد

س لك ح بحمدك ونقد ونحن نسب

(30)قال إني أعلم ما ل تعلمون Top Confidential

Let’s develop more

Saudi Khalifas

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Help them live by a simple formula …

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Help them answer 5 questions…

1. Who are you? Who do you want to be?

2. What do you want to be good at in 10 years?

3. Who do you want to help & how?

4. How to turn ideas into reality?

5. What is stopping you from jumping?

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Q1: Who are you? Who do you want to be?

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Help them decide what they want to be good at in 5-10 years?

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Q3: Who do you want to help & how?

Encourage them to write their “After-Life CV”

Help my family succeed and be happy.

Enhance the “Saudi Arabia” brand globally.

Reduce unemployment.

Support entrepreneurship.

Help local companies succeed regionally and globally.

Upgrade education system & graduate a highly valued labor force.

Upgrade wellbeing of residents.

Make Hajj & Umrah as spiritually memorable as possible.

Help underprivileged children across the world gain education.

Help world know the true Prophet Mohammed peace be upon him.

Help at least 1 person, plant, &/or animal. EVERYDAY.

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Q4: What needs to be done to turn ideas into reality?

Help them announce their intentions to the world.

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Q4: What needs to be done to turn ideas into reality?

Help them assemble their Dream Team & Co-develop the plan

Dream Team

Partners

Tech Support

Moral Support

Productive Critics

Cynics

Skeptics

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Q5: What is stopping you from jumping?

Help them get started & gain momentum

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Help them enjoy

the ride

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Help them realize they are at the top of

the Social Impact Pyramid

Khalifas

Intenders

Solution Providers

Complainers

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Co-create a Khalifa tribe!

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“never doubt that a small group of thoughtful,

committed citizens can change the world. Indeed it is

the only thing that ever has…

…with only 1 person, its hard –but when you put that 1 person with 4 or 5 more, you have a force to contend with. All of a sudden, you have enough momentum to make almost anything that’s immanent or within reach actually real.

Margaret Mead

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Book available at Jarir

bookstores or

Jarirreader in KSA

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