"Finance" Obtains the global accreditation certificate for future readiness and institutional agility
ABU DHABI, 19 JANUARY / WAM / The Ministry of Finance obtained the global accreditation certificate for future readiness and institutional agility – the “leading” gold level from the International Business Readiness and Agility Foundation (TIBAI), which reflects the efficiency of the ministry’s system and its institutional capabilities in readiness for the future, flexibility, and agility in responding to changes, and anticipating the future according to a clear approach to managing various transformations.
According to a press release issued today, the Ministry successfully achieved the requirements and principles of the strategic and operational framework for future readiness and institutional agility in all sectors and departments, which resulted in achieving distinguished results within the exceptional and only globally approved model for future readiness and institutional agility.
His Excellency Saeed Rashid Al-Yateem, Assistant Undersecretary for the Budget and Government Revenues Sector, said that this accreditation embodies the Ministry’s commitment to adopting an integrated institutional approach based on readiness for the future and agility, which enhances its ability to anticipate changes and manage transformations efficiently, and supports the sustainability of institutional performance according to a clear strategic vision.
He added that the achievement is an important milestone in the institutional development process, as it establishes a culture of proactive work, enhances the integration of strategic and operational frameworks, and confirms the ministry’s keenness to implement the best international practices, in keeping with future aspirations and enhancing the efficiency of the government financial system.
This model contains 61 standards and 1,500 evaluation points covering multiple pillars and aspects, including: readiness for the future, building dynamic agile capabilities, building an agile institutional culture, agile leadership, finance and agile economics, agile operations, agile technology and technology, and agile services, in addition to the strategic framework for future readiness and agility, and the operational framework for future readiness and agility, according to what was announced by the International Business Readiness and Agility Foundation (TIBAI). Emphasizing the Ministry of Finance’s commitment to the model standards as a work method as part of its endeavor to become a leading and innovative entity in accordance with international best practices.
It is noteworthy that the International Business Readiness and Agility Foundation (TIBAI), based in the United Kingdom, has developed the first internationally approved model for future readiness and institutional agility, which comprehensively addresses future readiness and business agility in all activities and fields in the government and private sectors.
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