Vision 2030 - Impact on HRM of Saudi Arabia

Running head: INTRODUCTION TO HRM
Introduction to
HRM
VISION 2030
2020

INTRODUCTION TO HRM 1
Table of Contents
Introduction................................................................................................................................2
Overview of Vision 2030.......................................................................................................2
Impact of Vision 2030 on HRM in Saudi Arabia...................................................................3
Conclusion..................................................................................................................................4
References..................................................................................................................................5

INTRODUCTION TO HRM 2
Introduction
The aim of this report is to discuss in detail about the Vision 2030 and its impact on
the Human Resource Management of Saudi Arabia.
Overview of Vision 2030
Saudi Vision 2030 is the plan of the government of Saudi Arabia to decrease the
dependence on oil, focus on the diversification of its economy, and growth the services of
public sector like infrastructure, tourism, health, recreation, and education. The goals of this
vision are comprised of reinforcement of investment and economic activities, augmenting the
trade of non-oil industry between nations by the use of consumer and goods products, and
augmenting the investment or spending of government on the ammunition, manufacturing
equipment, and military. The initial details of this vision were announced by Mohammad bin
Salman who is the Crown Prince of the country on 25 April 2016 (Vision 2030, 2020). The
Council of Economic and Development Affairs has authorized the Council of Ministers to
recognize and monitor the measures as well as mechanisms that are important for the
execution of the "Saudi Arabia’s Vision 2030"
The Vision 2030 of Saudi Arabia has been developed on three major themes as discussed
below:
 The first theme is vibrant society which focuses on the unique cultural and social
values of the Kingdom and includes commitments and targets focused at endorsing
the deep-rooted national identify of Saudi Arabia.
 Second theme is ambitious nation theme which focus on how the country’s central
government can work or move to be a responsible, accountable, and efficient
organization.