MUSCAT, JUNE 11
In the latest episode of the Business Class podcast hosted by the Observer, Ahmad al Mukhaini, a well-known expert at the Financial Services Authority, shared his insights on a range of topics related to business, governance, and personal development.
Al Mukhaini, with an extensive background in political economy and socio-economic consultancy, detailed his professional journey and underscored the importance of governance in both public and private sectors. He emphasized that effective governance extends beyond mere compliance, aiming to cultivate a culture of self-regulation and ethical behaviour within organizations.
The episode, hosted by Khalid al Huraibi, marks the beginning of the Business Class series, focusing on interconnected values in the business world and personal lives, such as governance, self-care, and wellbeing.
The discussion also explored emerging trends like corporate activism and the evolving purposes of companies, especially in the post-COVID-19 landscape. Al Mukhaini highlighted how businesses are increasingly advocating for social causes and rethinking their core missions to adapt to changing global dynamics. He pointed out the significant opportunities technology has created for young entrepreneurs, enabling them to develop innovative solutions and access global markets.
Additionally, Al Mukhaini stressed the importance of academic freedom, responsible student activism, and the value of self-awareness and personal reflection in navigating the complexities of modern life.
The conversation delved into career shifts and entrepreneurship, particularly for individuals transitioning from established sectors like government or private corporations. Al Mukhaini advised that a move to entrepreneurship should be driven by genuine passion, as it fuels creativity and resilience. He noted that the current technological landscape offers unparalleled opportunities for innovation and global reach, making it an ideal time for aspiring entrepreneurs. Furthermore, he underscored the importance of being thoughtful and self-aware in both professional and personal realms, advocating for a balanced approach that incorporates ethical considerations, continuous learning, and a commitment to making a positive societal impact.
In addition to these key themes, Al Mukhaini highlighted the role of education and mentorship in shaping the future of young professionals and entrepreneurs. He emphasized the importance of critical thinking and objective analysis in academic and professional pursuits, encouraging students and young entrepreneurs to seek knowledge beyond their immediate fields and remain open to interdisciplinary approaches. Moreover, he touched upon the significance of cultural understanding and appreciation, particularly within the diverse Omani context.
Sharing his experiences in various roles, Al Mukhaini illustrated how these have enriched his perspective on human behavior, governance, and socio-economic development. He argued that this holistic understanding is essential for fostering sustainable development and creating resilient, adaptive organizations.
Al Mukhaini’s reflections on personal integrity and moral responsibility resonated throughout the conversation. He advocated for a values-driven approach to both personal and professional life, suggesting that true success comes from aligning one's actions with core ethical principles and contributing positively to the broader community.
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