NEWS

Hottest information about 5th Annual Strategic HR MENA Summit

4 August 2017

Yasir
OURTASHI

Emirates NBD

3 Questions for Yasir Ourtashi

Why are the traditional benefit and compensation techniques and tools not enough anymore?

Traditional techniques best suit traditional workforce. Today, Millennium is overtaking the labor market. A fundamental technique to motivate the young workforce is to give them some freedom (I like the phrase: don´t lock them in a Cage). Young generation prioritize life experience and travel over all HR traditional compensation and benefit packages.

How is digital revolution transforming HR in MENA region?

Digital revolution is transforming the globe. MENA region is not an exception. Board members and senior management are focusing on two areas: Improve productivity and efficiency (do it smarter with less cost). HR is the key enabler of this strategic direction and we have seen many organizations in the region reframing their HR function, introducing new technology, and hiring new executive to bring new revolutionary concepts in areas of Resourcing, Performance Management, and Employee Engagement.

What’s your advice to companies wanting to attract next generation of talent in MENA region?

HR PR actioners need to understand the new dynamics that changes the market forces and the work place environment. Needs of the next generation are totally different, they need a different work-life balance formula, they love frequent feedbacks and mentorship relationship. Although companies spent a lot of money on hiring and recruiting, they fail to provide the right environment for talent to flourish and reach their maximum capabilities.

Yasir Ourtashi is an experienced professional in Learning and Development, working for the Emirates NBD Group. He is involved in managing learning function and developing the professional learning strategy for the organization. He evaluates the effectiveness of learning related policies and work on what mechanisms are best for learning strategies. He possesses certificates in leadership and project management from universities and institutions around the world, as well as the knowledge and experience suited for executive-level tasks.
He is a highly motivated individual with a keen attention to detail and strong organizational skills. He also possesses key communication skills to fit the needs of any organization. While his career is mainly in finance, he would fit well with any team to benefit and improve Human Resources and other Staff Development services.

4 August 2017

Darryl
MICHAEL SPEACH

Majid Al Futtaim Holding LLC

3 Questions for Darryl Michael

Why are the traditional benefit and compensation techniques and tools not enough anymore?

Today’s employees want more than just good pay and benefits; they want to be part of something special. They want to go home every day with a sense of pride in the work they do and who they do it for. Every organisation must have a meaningful “Common Purpose”, hinged upon making a difference in the world; which, in turn, gives the employees a great reason to show up at work every day and love what they do. At Majid Al Futtaim, our “Common Purpose” is to “create great moments for everyone, everyday” and that includes both internally for employees and externally for our customers. That gets me up in the morning!

How is digital revolution transforming HR in MENA region?

When you look at the way digital has transformed our home lives with the constantly evolving internet of things, you can see why employees expect the same at work now. With the expectation there, Human Capital Departments need to act accordingly. All Human Capital tools and systems need to be digitised; a one-stop shop, where interconnectivity is standard.

What’s your advice to companies wanting to attract next generation of talent in MENA region?

You need a very compelling employee value proposition; it must inspire and motivate. The MENA region has so much to offer and it is up to Human Capital Departments to package and sell it in a powerful way. A great “Common Purpose” is a perfect place to start.

Darryl Michael Speach is the Chief Learning Officer at Majid Al Futtaim Holding. Mr Speach joined Majid Al Futtaim in February 2017 bringing a wealth of experience to the organization on the customer experience front. In his current role, Darryl is responsible for leading the organization’s learning strategy to create world-class learning opportunities to over 39,000 employees fostering an environment of empowerment, growth, and development. He ensures the company´s learning agenda is completely consistent with the long-term vision and strategy, with a special focus on leadership, culture design, customer experience, and digital capabilities.
Prior to joining Majid Al Futtaim, Darryl spent six years with The Walt Disney Company as a senior manager on the corporate alliance branding team and a Disney University instructor – and most recently as a lead consultant assigned to the Disney Institute/McKinsey & Company co-branded joint venture, specializing in helping clients adapt Disney’s CX approach and crystalize a customer-centric culture. He led numerous client engagement teams around the globe including financial services, retail, CPG, healthcare, pharmaceutical, and automotive companies in Europe, the Middle East, Asia, and the USA.
Mr Speach also spent five years as a Corporate VP of Leadership Development and Customer Experience Innovation at New York Life Insurance and served as a VP at BI Worldwide Consulting, where he led a team who specialized in enhancing sales & channel effectiveness, employee engagement, and customer loyalty programs for several Fortune 100 companies. While in this role, the organization was awarded the Malcolm Baldrige National Quality Award.
Darryl holds an MBA from Chapman University’s Argyros School of Business and Economics and has several industry certifications from the Center for Creative Leadership. He is also an accredited deBono Six Thinking Hats parallel thinking facilitator.

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