Dubai, UAE— In today’s world, uncertainty is a hard fact of life, and one can only be certain that everyone, from an individual or an entity, will have to face it at some point. TOP CEO brought a panel of experts together to discuss how they cope with uncertainty in their professional lives.
The UAE Minister of State for Entrepreneurship and SMEs, Dr. Ahmad Belhoul Al Falasi, believes that the most powerful tool with a government is agility and the ability to react to a crisis and how it manages it impact on a country and its people.
While it is crucial for a country to see its government function efficiently during a crisis, it is no different for a company. And it boils down to the company’s leadership.
CEO of Al Ahli Holding Group, Mohamed Khammas, said that “people in the UAE are sure, no matter what or where the ball curves, the leadership will be consistent in taking care of their businesses, which provides a huge confidence to investors.”
At the same time, a few wondered how to cope with uncertainty in times of pandemic. CEO of Commercial Bank of Kuwait, Elham Mahfouz, said: “Before we could say I will travel after three months, I will go on vacation with my family in the upcoming months, but now we can’t plan anything.”
Director General of Abu Dhabi Creative Media, Michael Garin, said that taking risk was crucial to success: “In this part of the world, the fear of failure is essential, so when we established our organization 15 years ago, we had to build something safe to fail; because you cannot reach great success without taking more significant risks”.