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News highlights

CEO of MILE Dr 3M attended the 2nd Chairman Summit of Board Directors Institute (BDI) in Riyadh

BDI held its 2nd Chairman Summit at the Four Seasons Hotel, in Riyadh, Kingdom of Saudi Arabia, last Thursday 18 September 2014. Co-sponsored by Saudi Aramco and SABIC, the Chairman Summit attracted over 60 chairmen and senior Board directors from leading organizations across the Gulf.

The Summit's prime objective is to stimulate dialogue on matters of particular interest to chairmen and their contribution in achieving and enhancing Board effectiveness and corporate governance standards within their respective organizations. "We are pleased with the continuing success and increasing momentum of the GCC Board Directors Institute. This young not-for-profit organization, which was established in 2007 based on a visionary seed planted by Saudi Aramco aiming to make a positive impact on the GCC economies and societies by raising the level of Board effectiveness, is now in full gear," said Mr. Abdallah Al-Saadan, Senior Vice President- Finance, Strategy & Development of Saudi Aramco.

Mr. Al-Saadan added: "The various workshops, Board members' development tools and techniques, world-class faculty who lead focused interactive sessions to address relevant Board issues, and the flagship program "Chairman's Summit" are making tremendous strides towards achieving the original vision. The attendance of a large number of leading chairmen, Board members, CEOs, CFOs, regulators and consultants is a great testimony to the success of BDI, and a confirmation that it is filling a critical gap in the region. Saudi Aramco continues to believe that the positive impact BDI has been making in promoting and strengthening effective directorship will continue to expand over time. Based on that, our company will continue to lend its full support to BDI for the benefit of our region."

"Again, Saudi Aramco, and I am sure the other founding members and partners of BDI, are pleased with BDI's continued success, growing role, positive reputation, and increasing contribution towards sustainable prosperity within the GCC region," further said Mr. Al-Saadan.

Key discussions were launched among the panelists, 8 prominent business industry leaders from Saudi Arabia, United Arab Emirates and Bahrain, including Ms. Sabah Al Moayyed, CEO of Ebdaa Bank, Mr. Taha Al Kuwaiz, Chairman of Bank Al Jazira, Mr. Mohamed Hamad Al Shehi, Board Member at Emirates NBD, Dr. Hasan Al Zahrani, President and Chief Executive Officer of Luberef, Ms. Afshan Akhtar, General Counsel of ALBA, Mr. Abdullah Al-Suwailem, President & Chief Executive Officer of Petro Rabigh, Mr. Abdulmohsen Alissa, Chairman & Managing Director of Abdullatif Alissa Group Holding Company, and Mr. Beshr Bakheet, Managing Director of Osool & Bakheet Investment Company.

"SABIC is honored to co-sponsor with Saudi Aramco this prestigious event. We are extremely delighted with the outcome of the Summit and its success in raising awareness in regards to the Chairman's unique role in ensuring Boards achieve and maintain higher levels of corporate governance practices," said Mr. Mutlaq H. Al-Morished, CFO of SABIC and Chairman of BDI.


2nd World Class Leadership Program on High Performance Healthcare Organizations to be Held in Madinah

Madinah, 24 June, 2014 – Healthcare organizations find themselves indulging in a race to outperform their rivals in order to reach the top in the modern competitive environment, making the delivery of quality health care a vital factor to survive. The Madinah Institute for Leadership and Entrepreneurship (MILE) is going to conduct, for the second time, a world class Leadership Program on High Performance Healthcare Organizations (HPHO2). The event will be held from 1st to 6th November, 2014 in Madinah, KSA and will consist of valuable, interactive sessions delivered by highly skilled, internationally recognized leaders and consultants from the Healthcare industry.

Some of the most top-notch speakers from prestigious business schools and consulting firms will elucidate management and leadership practices prevailing in the healthcare sector. The program will commence with Prof. Joseph Coyne, Washington State University, USA, throwing some light on "Formulating Financial Decision Strategy in Changing Healthcare Landscape" on 1st November, 2014.

Similarly, Prof. Stephen E. Chick, INSEAD, France will talk about "Business Model Innovation in Healthcare." Dr. Ossama Mosallam, American University in Cairo, Egypt will elaborate "Total Quality Management" and Prof. Salman Rawaf, Imperial College London, UK will disccuss " Patient-Centered Care Strategy. Prof. Dr. Wilfried von Eiff, HHL Leipzig Graduate School of Management, Germany will also grace the occasion and share his thoughts about "Utilizing Healthcare Executives, Bemchmark KPIs in Boosting Healthcare Delivery."

"Meet the Healthcare Leaders", a one day conference on 6th November, 2014 in Madinah will mark the closing ceremony for HPHO2. During this event, renowned keynote speakers from healthcare industry will deliver interactive sessions and share their insights on how executives in healthcare industry could compete with their competitors by formulating and maintaining correct leadership strategy for their organizations. The Conference will center across "The Importance of Public-Private Partnerships in Healthcare Crisis Management." Issues like health finances and service delivery, health information, health workforce and leadership and governance in the event of crises will also be discussed.

Another outstanding feature of HPHO2 will be the one-on-one psychometric coaching and assessment provided by worlds' leading Personality assessment organization, TalentQ. This will provide program participants a rare opportunity to identify and understand the personal traits that contributed towards the leadership style they have adopted. Through the program, worlds' bestselling books on healthcare will be showcased exclusively for delegates along with access to online archives of renowned publications in healthcare industry.

Spiritual Quotient is an integral part of all MILE's flagship programs; henceforth, a complimentary Umrah as well as an exclusive trip to the Masjid-e Nabawi (PBUH) will be arranged by MILE for the program delegates.

Following are our sponsors who will help us to arrange this program.

CSR Sponsors – Knowledge Economic City, Economic Cities Authority and Saudi Arabian General Investment Authority

Strategic Sponsors: Saudi German Hospitals Group, International Media Centre

Our Knowledge Partner: KLEOS Healthcare

Media Sponsor: CNBC Arabia

Networking Partners: Malaysia Go Green, Multimedia University, MBO, Cervelet Management and Strategy Consultants, MKH Consultancy, ACE Exhibitions & IFAAS

Coaching Partners: TalentQ, & Oratorio


Benchmarking Study from the University of Toronto Rotman School and the Madinah Institute for Leadership and Entrepreneurship Examines Reasons for Poor Economic Outcomes in Islamic World.

Toronto – The fifty-seven countries that form the Organization for Islamic Cooperation (OIC) account for twenty-three percent of the world's population, yet less than eleven percent of the world's GDP. As such, the average levels of income within the Muslim world are less than one half the world's average.

A new benchmarking study from the University of Toronto's Rotman School of Management and the Saudi Arabia-based Madinah Institute for Leadership and Entrepreneurship hopes to help better understand the factors which underlie the poor economic performance of the world's Muslim economies.

Working with a group of Rotman MBA students including Abhishek Chaudhary, MBA'14; Omer Saleem Morning MBA'15; and Ash Zare, Morning MBA'15; Prof. Walid Hejazi from the Rotman School and Imran Zawwar from MILE benchmarked the fifty-seven OIC countries on over 100 indicators,

The study showed that as a group the OIC countries:

  • have average incomes which are less than half the world average;
  • rank below global averages on institutional development, including voice and accountability, political stability, government effectiveness, regulatory quality, rule of law and control of corruption (World Bank Governance Indicators);
  • rank unfavorably on the ease of doing business;
  • lag world averages on literacy and education, particularly among females ;
  • while not lagging world averages on labour market participation rates for males, there is a significant gap for females; and,
  • not only significantly lag developed markets on R&D efforts, but also lag other developing nations.

"Together these factors are capable of explaining a large part of the gap between incomes in the Muslim World and the developed world. The implications of these analyses underscore the need for efforts to improve these indicators across the Muslim world," says Prof. Hejazi. "We hope our systematic and comprehensive analysis will allow for the creation of well-informed and feasible policies to enhance the economic performance of the world's Muslim countries. As is well known, as incomes rise and countries develop, institutions tend to improve, resulting in improvements in political stability, human rights and a whole host of other indicators."

Not all the news is negative. There have been claims that Islam is incompatible with democracy, highly developed institutions, and women's participation in the labour market. While these challenges are prevalent across the Muslim world, there are many Muslim countries that rank among the world's most developed countries on many of these measures. Countries such as the UAE, Bahrain, and Qatar rank among the world's best economies on many dimensions, and Malaysia and Turkey on others. Also, in countries with significant poverty, which is clearly the case in many of the world's Muslim countries, there are significantly higher probabilities of self-employment. Within Muslim countries, there is an even greater probability for women to be self-employed because women cannot find more established jobs, which is an indication of a gender biased economic system. Nevertheless, it speaks to the ability of women to empower themselves to some extent.

This is the first study in the collaboration between MILE and Rotman, which a series of reports planned for release over the next year. The Rotman School of Management at the University of Toronto is redesigning business education for the 21st century with a curriculum based on Integrative Thinking. Located in the world's most diverse city, the Rotman School fosters a new way to think that enables the design of creative business solutions. For more information, visit


Memorandum of Understanding between IBA Karachi and Madinah Institute of Leadership & Entrepreneurship (MILE)

IBA Karachi and Madinah Institute for Leadership & entrepreneurship inked Memorandum of understanding to establish a strategic partnership between both parties. The document of research and training collaboration was signed by Dr Ishrat Husain, Dean and Director IBA Karachi and Dr. Mohammad Moustafa Mahmoud, CEO MILE.

The MoU is signed majorly to bring MILE’s reputed expertise in executive education offerings to Pakistan through Center for Executive Education at IBA Karachi. It opens various Learning and development venues for the executives in Pakistan who would now be able to benefit from collaborated top Management programs of MILE and IBA on special arrangement exclusively through CEE at IBA for Pakistani executives.

Key features of this strategic partnership include scholarships for faculty shadowing program for one on one association with leading business schools. The partnership will enhance research opportunities as one of its aims is development of co-authored regional case studies for repository of region oriented executive education. It also intends to broaden exposure of IBA Faculty to international best practices through online engagement of IBA Faculty with other expert faculty in the world on the subject. Besides exclusive program for top management of Pakistani organizations through IBA, this collaboration also includes exchange of academic and L&D material on the two sides for mutual benefit.

IBA Karachi and MILE concede contentment over reaching an agreement to benefit Pakistani entrepreneurs and top management.


MILE And TAIBAH University Join Hands To Address Leadership Deficit In The Region With High Impact Executive Education Programs

Madinah, Kingdom of Saudi Arabia – June 15, 2014: The TAIBAH University, Madinah and MILE jointly held a high level meeting to establish a symbiotic relationship in order to improve the quality of Executive Education in the region.  MILE and TAIBAH University signed an agreement on this momentous occasion to further advance the collaboration of two organizations in advancing executive education through communication, discovery and learning.

Some of the distinguished personalities who attended the meeting include Dr. Mohamed M. Mahmoud 3M CEO, Madinah Institute for Leadership and Entrepreneurship, Eng. Ibrahim Elbloushi, CEO, Knowledge Economic City and Dr. Saoud Abdul Qader Taher, Dean, TAIBAH University. Similarly, there were many other dignitaries who graced this historic occasion that will bring in the wealth of leadership knowledge and skills in the Muslim world.

Dr. 3M while addressing the participants said, "The signing of this agreement signifies the new era of mutual collaboration between the two organizations." He further hopes that this agreement will strengthen the exchange of expertise and knowledge between the two institutions so that MILE can continue to work closely with some of the best minds who share MILE's passion in executive education and would complement its efforts in research, teaching and learning.

Under this agreement, both the institutions will jointly prepare constructive regional case studies of successful and thriving businesses in the region that will be shared with senior corporate executives, entrepreneurs and government officials attending various programs conducted by MILE and TAIBAH University. The main purpose of developing these case studies is to encourage other business leaders in the region to work diligently to attain the success they dream of while contributing towards the general wellbeing of the Muslim world.

The high level collaboration will also result in preparation and analysis of online surveys regarding best practices adaptation and problems businesses in the Muslim world encounter, and how to overcome them.  It will also explore the opportunity to streamline video lectures delivered by top level speakers as well as creating joint educational repositories. MILE and TAIBAH University will also start various project management, training and certificate programs that aim at enhancing the professional proficiency of the entrepreneurs and executives participating in these programs. MILE will engage subject experts from the TAIBAH University to conduct live webinars about the various aspects of leadership development and executive education using MILE's platform.  However, the most important program that is going to be started under the agreement is the Executive MBA, the first of its kind in the region.

The agreement will allow the faculty members of TAIBAH University to access the MILE's community of practices and equally moderate it along with some of the top-notch subject experts from across the world. This will empower TAIBAH's faculty members to interact with these industry leaders to promote knowledge sharing for building local intellectual capital.

MILE and TAIBAH University also agreed on ensuring future cooperation in all the above areas of collaboration, helping local leaders and entrepreneurs to find long lasting and relevant solutions to their problems in order to build "soft infrastructure" any nation needs, in addition to physical infrastructure, to be successful and resilient.

About MILE:

The Madinah Institute for Leadership and Development is the leading executive education institute in the Muslim World. It is a collaborative initiative that seeks support and collaboration from other educational institutes, professional groups, companies and research and consulting organizations to build entrepreneurial and leadership excellence in Arab and Muslim world.

About TAIBAH University:

Established in 2003 and located in holy city of Madinah, Kingdom of Saudi Arabia, TAIBAH is a state university. It is internationally accredited and dedicated to excellence in community service, research and teaching. The University provides top academic programs in various disciplines and conducts research that contributes towards enrichment of knowledge and accomplishment of national development goals.

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