EQUATE wins Innovation Based Leadership Program award by Altaaat Institute in Abu Dhabi

EQUATE Petrochemical Company, received an award from the Innovation Based Leadership Program run by Altaaat Leadership Development Institute.

EQUATE Senior Executive for Business Development Tareq Al-Kandari said, “Innovation is a key element in EQUATE’s strategy aimed at developing both human capital and creating opportunities of sustainability. We at EQUATE believe that innovation is a culture that promotes creativity and stimulates solution finding. 

Hala Alturki, Partner and Sr. Leadership Trainer said: "An increasing number of companies and organizations are recognizing the imperative of cultivating innovation capacity within their organizations for their continued growth and prosperity, and EQUATE clearly stands at the forefront to these. The commitment and excitement of the team from EQUATE is clearly a reflection of the support and encouragement extended to them from the EQUATE Leadership team, a key success factor for sparking innovation in an organisation." 

EQUATE’s team participating in the program included Abdulrahman Al-Munayes, Abdullah Al-Husainan, Abdullah Al-Omran, Ahmad Al Benali, Omar Al-Qabandi and Sana Ullah Jan who work in the fields of Innovation, Integrated Supply Chain, Research & Development, Engineering & Construction, as well as Polyethylene. Their project focused on developing local growth, creating employment opportunities and preserving the environment.

Established in 1995, EQUATE Petrochemical Company is an international joint venture between Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC) and Qurain Petrochemical Industries Company (QPIC). Commencing production in 1997, EQUATE is the single operator of a fully integrated world-scale manufacturing facility producing over 5 million tons annually of high-quality petrochemical products which are marketed throughout the Middle East, Asia, Africa and Europe. www.equate.com.

The Innovation Based Leadership Program is made up of 21 high impact action-learning sessions that run over ten months. Each program cohort brings together ten project teams representing ten different organizations and industries. As part of the program, project teams would be taken back to the original problem that their projects came to solve, only to learn about creative problem solving and innovative thinking for REAL solution design. The project teams will be guided, inspired, coached and assessed on applying innovation on these actual projects brought from their organizations onto the program.  

Projects are expected to evolve over the ten months of the program, if not change entirely from what they were initially set out to achieve, based on the creative problem solving and the innovation applied on these as a result of the action learning that has taken place during the program.  A project-innovation committee formed by members from all of Altaaat Leadership Development, IBM Global and Masdar Institute including program Guest Speakers, will evaluate the progress and the evolution of each project, to select the winner for the Project Innovation Award, who will be announced in the Project Innovation Award Ceremony that would take place at the end of the program – coinciding with the Program Graduation! As part of the program, candidates will also have the opportunity to go on a coordinated program visit to one of IBM Global Innovation Hubs either in New York, London or Kenya.  

The Altaaat Leadership Development Institute started out from Abu Dhabi and is currently serving clients across the Gulf region. Altaaat’s service offerings include the formulating of leadership development strategies, the delivery of bespoke individual and group leadership development programs and the publishing of local current and historical leadership case studies; all targeting the GCC region’s governments, public entities, businesses in the various sectors, and local educational bodies. The Arabic word ‘’Altaaat” is a term we invented as a way by which to construct methodologies for achieving a particular goal and that by outlining the steps required for achieving that goal through the use of verbs that start with the Arabic letter ”ta” and which ”Altaaat” implies the plural of.