INTERVIEW: Dubai’s Doyenne of the behavior-changing business

Illustration by Luis Grañena
Updated 01 September 2019
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INTERVIEW: Dubai’s Doyenne of the behavior-changing business

DUBAI: This week in Dubai, motivational mega-star Tony Robbins will take the stage to a rock-star reception at the 17,000-seater Coca Cola Arena. Dawn Metcalfe — the doyenne of the behavior-changing business in the Gulf — will not be there.

Even before recent allegations about Robbins’ personal life, “I would not have gone,” Metcalfe said.

“I understand his appeal — he’s an excellent speaker and so it’s easy to get caught up — but I fear it’s simplistic and creates no real lasting change. You can’t change behaviors by listening to someone ‘motivate’ you for a few hours — if only.”

Instead of instant motivation, Metcalfe offers a full blown analytic diagnosis of you, your company and your workplace behavior, with recommendations on how to change it for the better. Her Dubai company, PDSi — originally named for ‘performance development services’ — has been going since 2010, organizing coaching and training programs as well as other corporate events. It’s all about culture, she explained.

“When we talk about behavior at the level of the organization, we are talking about culture — my favorite definition being ‘The way we do things around here.’ We help our clients understand that culture isn’t something fluffy — everything in a business is an output of, and driven by, culture.”

In addition, Dublin-born Metcalfe is a regular fixture on the Gulf forum speakers’ circuit, and has just written her third book. In between, she finds time to Tweet liberally: About current affairs in the Gulf, life in her second home, Sri Lanka, and the vicissitudes of the new age of social media. 

It’s fair to say she is not a fan of the new populism, displayed by US President Donald Trump and UK Prime Minister Boris Johnson.

Unlike Robbins, she does not describe herself as a motivational speaker: “I’d describe myself as somebody who has been lucky enough to be able to spend time thinking. learning. trying and observing things, and who wants to share what she’s learned in a way that makes it easier for people to implement what works. I often say ‘people suck’ which is pretty much the opposite of motivational.”

Her corporate blurb says that she “helps organizations create cultures of candor — where all are empowered to hear and be heard more effectively, in a tolerant and respectful way. Cultures where change isn’t feared, but encouraged, in the spirit of constant innovation.”


BIO

Born: Dublin, Ireland

Education: 

• University of Manchester, UK

• Professional qualifications from Stanford University and Harvard Business School.

• Training in neuro-linguistic programming.

Career
• English language teaching in various Asian countries.

• Director, Aldersgate Partners (management consultants)

• Managing director, PDSi MEA.


Her first book, “Managing the Matrix,” explained how individuals can exist and thrive in a complex corporate organization; the second, “The HardTalk Handbook,” was a “definitive guide to having difficult conversations that make a difference.”

The third book — as yet untitled but to be published next year — draws on her experience in Europe, Asia and the Middle East. “I think my love of understanding cultures really came from the fact I’ve lived and worked in eight different countries — and had to understand,” she said.

That experience has given her insight into corporate culture in the Middle East, and especially her UAE base and Saudi Arabia, where she has been spending a lot of time recently.

As a female entrepreneur, she has very firm views on women’s empowerment in the region. Last week, Emirati Women’s Day celebrated the advances of females in the UAE, which has been among the leaders in the Arab world for promoting women in a traditional society where they are sometimes culturally disadvantaged.

Metcalfe has a nuanced view of the issue. “I really don’t like the expression ‘empowering women’. It bothers me because if you can empower us then you can disempower us just as easily. Instead I like to talk about empowering organizations and, indeed, economies and countries by allowing women to take their place in the room and add their voices, expertise and energy.

“Obviously the UAE and Saudi Arabia have both made progress, but I think we also need to be careful not to denigrate what went before — women have always played a significant role in ensuring that households and families survived and thrived  — and now they are doing the same thing on a bigger stage and with the opportunity to have a bigger impact,” she said.

The challenges women face in the Kingdom are different from those in the UAE, she believes. Progress has undoubtedly been made in areas like allowing women to drive, and (more recently) travel without their male guardians’ permission.

“I’m lucky enough to work all over the region and it’s clear that, although the various countries have much in common, they also face different challenges as they start from different positions. In Riyadh last year I spoke about HardTalk at the first women in leadership forum in the country. It was fascinating.

“Most of the attendees were young women — many still at university — and their drive and ability was wonderful. They were engaged and wanted to get everything they could out of the sessions they attended. I found myself very positive about the future,” Metcalfe said.

Nonetheless, challenges remain in the Kingdom with regard to further progress on women’s involvement in the workforce and civil society. “Change, no matter who you are, is almost always hard. Even when it’s the right thing to do, change doesn’t happen overnight. Saudi Arabia’s journey may be longer than that of some other countries, but we’ve already seen some changes that would have been impossible to imagine in the past. I’m sure that in 10 years’ time, never mind 50 years, the country will look very different,” she said.

Her third book - completed after an intense writing stint in Sri Lanka — is about “a consultant who works with a company to transform their culture,” drawing on her time in Japan and China, as well as the Middle East. 

One lesson she has learned is that there is no absolute correlation between national and corporate culture.

"I think my love of understanding cultures came from the fact I’ve lived in eight different countries."

“National culture is obviously very important but I think we can over-emphasize this, and do so at our peril. There’s research from Harvard Business School that talks about how assuming that, for example, a Japanese person won’t show negative emotion, or that Saudis like to have a personal relationship when doing business, can negatively impact negotiation.

“It hurts us because we walk in with assumptions and expectations that may, in fact, be very wrong. I address this a lot in HardTalk — the cultural differences themselves almost matter less once we are able to understand our own interpretations, emotional reactions to them, and our assumptions. When we can control these, managing cross-cultural communication becomes a lot easier — whoever you are and wherever you’re from,” she said.

Her time in Japan and China — as a recent graduate teacher — was “the most extraordinary experience,” she said.

“Looking back, it set me up for the rest of my life. I learned that it’s possible to live in circumstances very unlike the ones you are used to, with people who don’t share a language with you and who have very different cultural expectations. And not only live with them but build genuine relationships that can make everybody’s lives better.”

Sometimes, corporate culture can override the imperatives of national culture, she believes. “It’s a trivial example  but I remember being at a three-day conference that was supposed to start at 9 a.m. and, by 9:15 a.m., when nothing had happened, my neighbor was visibly frustrated. I was surprised because — this isn’t a secret — it’s ok for things to start a little later in Middle Eastern culture, but this would never happen in Japan.

“I asked him how long he’d lived in the region. When he said ’14 years’ I couldn’t believe he hadn’t died from stress, and I asked him where he worked. In response he named a multinational courier company, and so of course that made sense — in his company the culture dictated that things happened when the agenda said they should.”

Metcalfe is an effervescent entrepreneur, who has successfully combatted a debilitating physical illness, and who sees life, and business, in a far more subtle way than performers like Tony Robbins.

It just goes to show that there is more than one way to motivate.


UNCCD COP16: Saudi Arabia announces Green Zone to combat land degradation

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UNCCD COP16: Saudi Arabia announces Green Zone to combat land degradation

RIYADH: Saudi Arabia will host a special UN forum to combat desertification with the introduction of a dedicated Green Zone and thematic days for the first time in the event’s history. 

As part of its presidency of the UN Convention to Combat Desertification COP16, the Kingdom has announced a dedicated area focused on raising global awareness about land degradation, while enabling key decision-makers from scientific, non-governmental, political, business, and at-risk communities to find and fund lasting solutions. 

The Green Zone will host thematic days designed to rally action on critical issues, including agri-food systems and finance, during the conference set to take place from Dec. 2-13 at Boulevard Riyadh City. 

This initiative aligns with the Saudi Green Initiative target to turn 30 percent of the Kingdom’s land into nature reserves, plant 10 billion trees, and restore 40 million hectares of degraded land. 

“Land degradation, desertification and drought impact almost every corner of the planet, and every living being on it, from the species at risk of extinction to the lives and livelihoods impacted by severe drought,” said Osama Faqeeha, deputy minister for environment at the Ministry of Environment, Water and Agriculture, and adviser to the UNCCD COP16 Presidency. 

“Saudi Arabia will host the first-ever UNCCD COP16 Green Zone to mobilize the international community and maximize the opportunity during December’s conference of delivering lasting global change,” he added. 

There will also be a Blue Zone, which along with its green counterpart will feature seven thematic days designed to foster action and dialogue among key stakeholders. 

Land Day will focus on land restoration initiatives and nature-based solutions, while the Business for Land Forum will bring together international leaders to discuss the economic importance of sustainable land practices. 

Finance Day will address ways to close the financing gap in land degradation, along with a special ministerial dialogue and innovations in Sustainable Land Management financing. Governance Day will focus on improving women’s land rights and address policy issues surrounding land tenure and resource governance. 

Agri-Food Systems Day will spotlight food security, crop resilience, and sustainable farming. Resilience Day will explore water scarcity, drought resilience, and early warning systems for sand and dust storms. 

People’s Day will feature a youth caucus to engage young people, as 1 billion people under 25 in regions dependent on land and natural resources for jobs and livelihoods face significant challenges. 

 


Alfanar Projects, SEC sign $5.33bn deals to support Saudi energy modernization 

Updated 14 min 35 sec ago
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Alfanar Projects, SEC sign $5.33bn deals to support Saudi energy modernization 

RIYADH: Energy deals worth SR20 billion ($5.33 billion) have been signed between Alfanar Projects and Saudi Electricity Co. to advance the Kingdom’s power modernization and sustainability efforts. 

The agreements, announced during the Energy Localization Forum hosted by the Ministry of Energy, include the construction of the Middle East’s largest High-Voltage Direct Current Converter Station, according to a press release.  

This facility, developed in partnership with China Electric Power Equipment and Technology Co., will deliver 7 gigawatts of power between the Central, Western, and Southern regions. 

The deals also include projects for battery storage systems, smart distribution centers, and renewable energy integration, aimed at improving grid reliability and supporting Saudi Arabia’s Vision 2030 goals of energy self-sufficiency and sustainability. 

Saudi Arabia aims to get 50 percent of its power from renewable energy by 2030, with a total capacity of 130 GW. This includes 58.7 GW from solar and 40 GW from wind, making it the most ambitious renewable energy target in the Gulf Cooperation Council. 

Amer Al-Ajmi, executive vice president of sales and marketing at Alfanar Projects, said: “The confidence placed in us by the Ministry of Energy, through its representative, Saudi Electricity Co., affirms our commitment to deliver and execute transformative projects of this scale.”  

He added: “At Alfanar Projects, we combine our robust resources, technical expertise, and a highly skilled national workforce to create a sustainable energy infrastructure that supports the Kingdom’s self-sufficiency goals and strengthens its role as a leader in renewable energy.” 

The signing ceremony was attended by Saudi Energy Minister Prince Abdulaziz bin Salman, Minister of State Hamad bin Mohammed Al-Sheikh, and Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef. 

Other key representatives included Khaled Al-Ghamdi, CEO of Saudi Electricity Co., and Sabah Al-Mutlaq, vice chairman of Alfanar Co. and managing director of Alfanar Projects, who represented both organizations. 

Alfanar Projects is a Saudi-based company developing sustainable energy projects that support economic growth and environmental goals in the Kingdom and beyond. 

Earlier this month, Saudi Electricity Co. reported a net profit of SR5.6 billion for the first nine months of 2024, up from SR 4.6 billion last year. The company’s power generation capacity grew by 1.4 percent, with its directly owned capacity rising to 56.9 GW. 


Closing Bell: Saudi benchmark index edges up to close at 11,830

Updated 20 min 55 sec ago
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Closing Bell: Saudi benchmark index edges up to close at 11,830

RIYADH: Saudi Arabia’s Tadawul All Share Index rose by 0.16 percent or 18.40 points to reach 11,830.38 points on Monday.   

The total trading turnover of the benchmark index was SR5.4 billion ($1.46 billion), as 78 of the listed stocks advanced, while 151 retreated.   

The MSCI Tadawul Index increased by 1.22 points, or 0.08 percent, to close at 1,487.07.    

The Kingdom’s parallel market Nomu also increased, gaining 119 points, or 0.40 percent, to close at 29,596.35 points. This comes as 44 of the listed stocks advanced while as many as 34 retreated.   

The index’s top performer, the National Co. for Glass Industries, saw a 9.11 percent increase in its share price to close at SR53.90.   

Other top performers included Arriyadh Development Co., which saw a 5.76 percent increase to reach SR27.55, while Almasane Alkobra Mining Co.’s share price rose by 4.41 percent to SR68.70.  

The Power and Water Utility Co. for Jubail and Yanbu also recorded a positive trajectory, with share prices rising 3.26 percent to reach SR57. CATRION Catering Holding Co. also witnessed positive gains, with 3.20 percent reaching SR129.

East Pipes Integrated Co. for Industry was TASI’s worst performer, with the company’s share price dropping by 3.78 percent to SR137.40. 

Arabian Pipes Co. followed with a 3.68 percent drop to SR109.80. Alkhorayef Water and Power Technologies Co. also saw a notable drop of 3.31 percent to settle at SR140. 

Elm Co. and MBC Group Co. were among the top five poorest performers, with Elm Co.’s share declining by 3.24 percent to settle at SR1.127.60 and MBC Group’s falling by 3.18 percent to sit at SR44.15.

On Nomu, Shalfa Facilities Management Co. was the best performer, with its share price rising by 14.03 percent to reach SR95.90. 

Sure Global Tech Co. and Mohammed Hasan AlNaqool Sons Co. also delivered strong performances. Sure Global Tech Co. saw its share price rise by 13.24 percent, reaching SR83.80, while Mohammed Hasan AlNaqool Sons Co. recorded a 12.20 percent increase, standing at SR43.70.

Osool and Bakheet Investment Co. also fared well with 9.81, and Banan Real Estate Co. increased 7.73 percent.

Alqemam for Computer Systems Co. shed the most in Nomu, with its share price dropping by 12 percent to reach SR88. 

Natural Gas Distribution Co. experienced a 5.87 percent decline in share prices, closing at SR54.50, while Horizon Educational Co. dropped 5.66 percent to settle at SR75.

Raoom Trading Co. and Lana Medical Co. were also among the top decliners, with Raoom Trading Co. falling 5.26 and Lana Medical Co. declining 4.89 percent.


Pakistan Stock Exchange may gain at least 27% by end of 2025 — Bloomberg

Updated 36 min 14 sec ago
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Pakistan Stock Exchange may gain at least 27% by end of 2025 — Bloomberg

  • Benchmark KSE-100 Index forecast to increase to 127,000 points by Dec. 2025, a 34% rise, from 94,704 points it closed on Friday
  • Key index advanced as much as 0.6% on Monday, taking gains to more than 50% this year, the second best performer globally

ISLAMABAD: Pakistan’s stocks are expected to advance by more than a quarter by the end of next year as the nation’s economy shows improvement under a loan program with the International Monetary Fund and the currency stabilizes, Bloomberg reported on Monday, quoting two brokerage houses. 

The benchmark KSE-100 Index is forecast to increase to 127,000 points by December 2025, or a 34% rise, from the 94,704 points it closed last Friday, according to Topline Securities Ltd. in a report announced on Nov. 16. Arif Habib Ltd. targets the index to reach 120,000 points, a gain of 27%.

“The stage is set for a potential market re-rating with declining interest rates, a stable rupee, and improving macroeconomic indicators,” Karachi-based brokerage Arif Habib commented in a report.

Pakistan’s economy has stabilized with inflation easing from record levels that has allowed the central bank to cut the interest rate for four straight meetings to 15 percent, the lowest in two years. 

The key index advanced as much as 0.6% on Monday, taking its gains to more than 50% this year, the second best performer globally, according to data compiled by Bloomberg.

The equity market will be offering a 37% return including 10% dividend yield by the end of 2025 because of economic stability and falling bond yields, Karachi-based Topline said in a separate report.

Pakistan is also increasingly attracting the attention of foreign investors, particularly in its debt and equity markets, said Arif Habib.


Saudi commercial records surge 68% in 20 months

Updated 18 November 2024
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Saudi commercial records surge 68% in 20 months

RIYADH: Saudi Arabia has seen a remarkable 68 percent growth in commercial records over the 20 months since the implementation of its New Companies Law, according to a recent government report.

The law, which took effect on Jan. 19, 2023, introduced significant reforms aimed at simplifying business processes and fostering a more dynamic corporate environment. By the end of the third quarter of 2024, the number of commercial records had risen to 389,413, up from 230,762 before the law’s introduction, the Ministry of Commerce reported.

Among the law’s key innovations are streamlined processes for setting up joint-stock companies, the ability for shareholders to participate remotely, and improved financing options, including allowing limited liability companies to issue debt instruments. These changes have reshaped the corporate landscape by simplifying company formation and offering flexible financing avenues.

The law also encourages broader ownership by easing the purchase of shares and equity stakes. Notably, it introduces a simplified joint-stock company model and includes provisions for non-profit organizations. Other reforms include allowing sole proprietorships to transition into any company type, modernizing rules for corporate mergers and transformations, and permitting company splits.

Small and micro enterprises are exempt from the requirement of an external auditor, reducing their compliance burdens. Additionally, the law enhances digital services, enabling remote shareholder meetings and decision-making, and removes restrictions across all stages of company formation, operation, and exit.

The reforms also introduce a family charter to govern family-owned businesses and simplify the process for foreign companies to operate in the Kingdom, creating a more flexible and investor-friendly environment.

In its September report, the International Monetary Fund praised the reforms for improving access to financing, reducing fees, and strengthening governance, which has helped attract record levels of foreign investment. The IMF also noted that the reforms have contributed to the growth of non-oil sectors and increased employment.

The IMF further highlighted that the rise in non-oil revenues underscores the effectiveness of these reforms, which have also led to better compliance and alignment of customs procedures with international best practices.

In addition, in September, Saudi Arabia approved new laws related to commercial registration and trade names, further streamlining business operations and improving the overall business environment.

These changes were approved at a Cabinet session in Riyadh on Sept. 17, chaired by Crown Prince Mohammed bin Salman.