Tourism Development Fund Receives Integrated Performance Excellence Award from the KPI Institute

Riyadh, October 15, 2023, SPA -- The Tourism Development Fund has received the Integrated Performance Excellence Award from the KPI Institute, which is considered as the global authority for research and education on key performance indicators (KPIs).
The fund received the fourth level out of five in maturity levels, which is considered the highest rated among newly established entities (less than 10 years since its establishment), and one of the highest among government agencies in the Gulf Cooperation Council countries, which were evaluated by the KPI Institute.
The fund CEO, Qusai Al-Fakhri, commented, saying, “Receiving the Integrated Performance Excellence Award confirms the institutional maturity of the Fund. This achievement comes in light of the continuous enablement and empowerment we receive from our Leadership, the Chairman of the Board of Directors and its Members towards achieving the highest standards. This achievement is attributed to the Fund’s employees for their dedication and efforts, and the importance of continuing to work towards achieving the objectives of our National Tourism Strategy and Saudi Vision 2030.”
The award is an international classification that came after evaluating the feasibility and effectiveness of policies and procedures that govern performance management and measuring them against successful practices in organizations through five main criteria, which are: strategic planning, corporate performance management, corporate performance measurement, employee performance management, and performance culture in the organization. The Excellence Award comes as a result of the Fund’s commitment to applying the best international practices to create a culture of corporate excellence within the Fund and with its partners and investors in the tourism sector.
--SPA