(MENAFN- Khaleej Times) Dubai's Roads and Transport Authority (RTA) has announced the launch of an index to measure the entrepreneurial maturity level of corporate performance of all affiliated sectors and agencies.
The step aims to verify RTA's competitiveness and ranking in the global reports of competitiveness indicators.
"This initiative aims to achieve sustainable entrepreneurial performance in global competitiveness reports. It requires measuring the maturity level of corporate performance and the integrated roles of affiliated sectors and agencies. It also measures the preparedness to achieve higher rankings in the global competitiveness index of roads, infrastructure and transportation sectors," said NasserAbu Shehab, CEO of Strategy and Corporate Governance Sector at RTA.
"The indicator corresponds to the matrix for achieving leading roles in four key levels that start with ranking RTA as Initiator and Implementor Entity i.e. an entity that initiates, improves and achieve competitiveness indicators. The entity should continually endeavour to improve ranking and corporate capabilities until reaching the fourth level; World's Leading Entity. Achieving such a status would also improve the overall global ranking of the United Arab Emirates and Dubai," added Abu Shehab.
"RTA has launched an experimental phase to identify its current status. The process requires listing, analysing and studying relevant competitiveness indicators from 2016 to 2019 besides implementing the entrepreneurial maturity of competitiveness indicators. A plan will be set out to improve RTA's performance to advanced levels over the next few years. Several standards and criteria will be developed to enhance our leading role in global competitiveness," he said.
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