Oman Daily Observer

Bank Nizwa shares expertise during Oman’s 1st strategy practition­ers conference

- BUSINESS REPORTER MUSCAT, MAY 21

Bank Nizwa participat­ed in the 1st Strategy Practition­ers Conference organised by the Arab Open University’s Faculty of Business Studies. Sharing his expertise during the event, Salman Kabani (pictured), Acting Head of Strategy and Head of Market and Operationa­l Risk at Bank Nizwa, in his keynote speech highlighte­d the significan­ce of drafting and executing business strategies.

The conference also discussed a multitude of topics including corporate strategy, analysis and best practices in order to build a strong foundation for Sultanate’s next generation of industry profession­als.

Kabani underlined the pivotal role business strategy plays in achieving growth and sustainabl­e success. Strategy, he outlined, enables various business units to work together in order to meet the expectatio­ns of shareholde­rs and achieve set goals.

He went on to explain that the essential components of planning include insight, accountabi­lity and action.

Kabani also provided attendees with a detailed summary of how best to inspire employees to buy into a new strategy, using Bank Nizwa’s Strategy 2020 as an example.

He explained how the bank’s High5 strategy and five-year road map takes into account both short and long-term goals, while consistent­ly empowering the entire team to deliver and exceed expectatio­ns. effective realism,

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