Saturday, March 1, 2014

THE KUWAIT'S DEVELOPMENT PLAN 2010-2014 - Measurement & Evaluation - USING THE BALANCED SCORECARD

Feb. 2014

The Kuwait’s Development Plan 2010-2014
Measurement and Evaluation 

Using the Balanced Scorecard, by EXCPR™ Company

Execution summary
The project results shows that the achievement value for the Kuwait’s development plan was 19.64%, which required additional resource and capabilities than current one, in order to achieve objective by 2035. Additionally the Kuwait 2035 plan contain around 184 projects which are responding by some organizations in the country. At the same time, most of such projects are related to the Kuwait National Assembly and Council of Ministries. Finally the most critical path for implementing such vision are the private sector, diversify the resources for income, and the small business. 

Introduction
After completing its four years cycle to finalize the first patch of the Kuwait development plan 2010-2014, EXCPR™ -  Kuwait’s strategic advisor firm – initiate such project to evaluate the decision making and execution occurred during that period.  The four main objectives for this project are:
·         To measure the performance of Kuwait’s development plan using the balanced scorecard methodology
·         Simplify the development plan items to the people and awareness
·         Identify each government’s organization and its responsibilities
·         Evaluate the next term requirement – future

Therefore the Kuwait 2035 vision, was described into five major directions, as
1.         GDP Improvement
The first strategic objective for the development plan was discussing the improvement in economics, by diversify the income for the different business sectors (Finance, Commercial, Services  ... etc.). Additionally, this objective includes the infrastructure and improving the refining and petrochemical sectors.
As it shown in the below table, the accumulated value for the first strategic objective was 18.0% only.




2.         Private sector and its motivation
The second strategic objective for the Kuwait’s development plan is showing the motivation of the private sector. This objective includes diversifying the ownership structure, the corporate in business between the private and the public sectors and develops the business environment.
As it shown in the below table, the final results for the second strategic objective –after four years of execution – was 18.8%. Additionally, the below table, illustrate the results for each sub-objective under the second objective. 




3.         Human Development
The third strategic objective for the Kuwait’s development plan was about the human performance and development. The same objective was discussing different projects, such as, education development and evaluation, healthcare development, environment and pollution, social development, community and housing services. 
As a result, the project explain that around 15.8% of such strategic objective was over, by Feb. 2014, which indicate that it required further efforts to implement such items in the future.





4.         Population and Social development
The fourth strategic objective for the Kuwait’s development plan 2010-2014 is more about support population and social development in the country. This objective have around 5 major goals such as population and manpower restructure, national and foreign manpower development, and the human rights.
Then, the project result shows that the total evaluation for such strategic objective is about 18.8%. This outcome indicates and evaluates the current effort from Kuwait’s government to apply such strategy, which required additional resource for future implementation.




 5.         Government efficiency
The fifth strategic objective for Kuwait’s vision “KUWAIT 2035” is representing by the Government efficiency subject. Thus, the same strategy contains some sub-objectives such as, business ethics, planning, statistics and information technology, and legislation.
As it shown in the below table, the project results said that around 33.9% of such strategy was received during the first part of the development plan “KUWAIT 2035”. Additionally, the same table shows the result of each sub-objective independently.




Finally, as it was shown in this article, the final result for the Kuwait’ development plan 2010-2014 is 19.64% only. Such significant results indicate the current efforts for implementing the Kuwait’s vision “KUWAIT 2035”, which shows clearly to improve the resources in the next future to implement it on time without any delay or pay additional resources. The following table indicate the summarize results for the Kuwait’s development plan.


Additionally, the following pie chart illustrates the total percentage projects for the development plan, per each ministry/ government organization. As it shown below, around 70% of development plan projects are related – directly- to seven organizations in Kuwait, which indicate the size of criticality in such organization in the next future.

 




 For more information and business corporation, please contact us with the following




P.O. Box 21407 Safat 13075 – KUWAIT
Sharq, Ahmed Aljaber Street, CBK building- opposite to Dar Alawadi, 6th floor
Tel. : +965 229-71156
Fax: +965 224-78734
Mob: +965 600-excpr (600-39277)
Website: www.excpr.com

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