Bahrain to host second CIBAFI programme

Manama, Oct. 10 (BNA): General Council of Islamic Banks and Financial Institutions (CIBAFI), the umbrella of Islamic financial institutions, together with the Ivey Business School, is set to continue its series of Executive Programmes on November 22-23. Following the successful execution of the inaugural Executive Programme last year which captured a practical, high energy learning experience for Islamic Financial Institutions’ (IFIs) executives that aimed at enhancing skills of strategic analysis, strategy formation and execution, CIBAFI and Ivey Business School are excited to continue the series of Executive Programmes in 2016. To begin, this year’s programme provides "platform" skills in strategic thinking and action so that executives have a common orientation and articulation of strategic goals and initiatives. Second, participants will be exposed to the notion of ambidextrous leadership, which is often the formula for further growth and success when established organisations struggle with protecting their existing advantages and shy away from exploring new opportunities for fear that they would potentially cannibalise existing businesses. Finally, this program analyses disruptive strategic thinking and opportunities in financial services. Through an interactive team project applying the Business Model Canvas, participants will gain hands-on and insightful experience in developing an ambidextrous project that would have disruptive potential in their business space. Through Ivey’s case learning method, participants will be put in the shoes of decision-makers, struggling with real challenges, incomplete or too much information, time limits, people issues and resource constraints. Participants develop a set of skills to effectively analyse issues, develop strategies and execute plans successfully. Leveraging on this renowned application driven case learning approach, this program is a useful forum for stepping back from the daily business to take a broader and more strategic look at the organisation and industry, in order to drive sustainable performance and future growth.