Strategy Case Study Example | Topics and Well Written Essays - 750 words

Strategy - Case Study Example erative pillar for economic development companies operating in Qatar; it deals with three major issues: The first is to facilitate sound economic management through five major approaches as in: To facilitate cooperation with Arab regional states as well as the Gulf Cooperation Council States thereby promoting the establishment of trade relations and reduction of financial crisis. The other approach is to facilitate competition in the international market by opening flexible economic structures. Moreover, sustained economic management shall be achieved by creating structures that attract foreign investors in Qatar. In addition, the vision aims to achieve sustained economic management through reducing inflation thus creating a stable economic growth. Qatari government also aspires to provide sustained economic growth condition to ensure that it provides high standards of living. The economic pillar also aspires to facilitate responsible ways of oil exploration and gas in Qatar. This shall be achieved through four different sustainable exploration methods. Additionally the economic pillar is also geared towards promoting suitable economic diversification. This is expected to reduce the country’s dependency rate on some of its natural resources such as hydrocarbons; it shall also be achieved through empowering the private sector hence improving their competitive advantage. Another pillar of the Qatar vision 2030 that may be applied to facilitate economic development is the Human Development Pillar. The Qatari government recognizes that effective economic development can only be achieved through proper human capital development. In this regard, the human development pillar focuses on three issues: Provision of world class education among the Qatari populace thereby improving their skills to undertake economic development activities; provision of world class healthcare services to the Qatari populace and improving the capacity of the Qatari populace to participate in