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	<title>Extempore &#187; transparency</title>
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	<description>random ramblings of the disturbed mind</description>
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		<title>Dubai 2.0, more transparency please</title>
		<link>http://michaelhendrickx.com/200812_dubai-20-more-transparency-please.html</link>
		<comments>http://michaelhendrickx.com/200812_dubai-20-more-transparency-please.html#comments</comments>
		<pubDate>Fri, 26 Dec 2008 18:18:48 +0000</pubDate>
		<dc:creator>Michael Hendrickx</dc:creator>
				<category><![CDATA[misc]]></category>
		<category><![CDATA[uae]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[dubai]]></category>
		<category><![CDATA[transparency]]></category>

		<guid isPermaLink="false">http://michaelhendrickx.com/?p=107</guid>
		<description><![CDATA[This post is not necessarily about the current credit crunch, and how Dubai is affected.  Although it leans onto it.
I just had a coffee with a good friend of mine, and we were speaking about the status of Dubai, and the entire region actually and it&#8217;s corporate profiles.  And what is lacking is [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://michaelhendrickx.com/wp-content/uploads/2008/12/burj.jpg" alt="" title="burj" width="150" height="113" class="alignright size-full wp-image-108" />This post is not necessarily about the current credit crunch, and how Dubai is affected.  Although it leans onto it.</p>
<p>I just had a coffee with a good friend of mine, and we were speaking about the status of Dubai, and the entire region actually and it&#8217;s corporate profiles.  And what is lacking is <em>transparency</em>.  Ironically enough, <a href="http://www.gulfnews.com/business/General/10268921.html">a new body is being setup to provide transparency, accountability and governance.</a></p>
<p>Anyhow, I refer to corporate transparency, what&#8217;s happening in the companies itself.  I refer to <strong>blogging</strong>.</p>
<p>Current modern copanies, such as <a href="http://http://blogs.sun.com/jonathan/">Sun microsystems</a>, <a href="http://blog.facebook.com/">Facebook</a>, <a href="http://googleblog.blogspot.com/">Google</a>, etc all have corporate blogs, where employees; both executive management as any other layer, talk about their strategies, challenges and outcomes.</p>
<p>In Dubai, very few companies do this, and especially none of the top 20 companies.  </p>
<p>In times such as the ones we are in now, many people are unsure about what is going to happen.  I don&#8217;t expect any of the Dubai top companies&#8217; CEO&#8217;s, or other key people, to have a crystal ball and foresee the future, yet any news insights would be welcome.  Rather directly instead of usual channels such as news papers.  </p>
<p>Even prior to these less than perfect times, from an economical point of view.  I am not sure about any UAE based top exec, giving in their own words how he/she is going to move the company forward, or just voice an opinion about global events.</p>
<p>I don&#8217;t expect that to happen anytime soon, but it&#8217;s sad, nevertheless.  We&#8217;re 2009 already (ok, almost), we should follow the global trends and get away from communication means and marketing techniques that are so 90&#8217;s.</p>
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