President's Message
As Dalma Tech² Company enters 2024, endless opportunities are available within the Saudi Defense Industry. The framework, announced by HRH Mohammad bin Salman to bolster the Kingdom’s defense sector with an investment of $50bn to $80bn is expected to drive defense expenditures. This makes way for local companies to realize exceptional growth rates for the foreseeable future. Akash Pratim Debbarma, Aerospace & Defense Analyst at Global Data, said: “The Vision 2030 initiative is not only a strategic move to strengthen armed forces in terms of procuring foreign platforms and weapons but to also boosts Saudi’s indigenous defense industry, allowing it to create jobs locally and to build a robust defense industry. If executed properly, it has the ability to help the kingdom diversify from oil and support the growth required for its long-term goals.”
We may not know exactly what the Defense Industry will do next, but we have always been committed to serving our customers with the utmost care. That is how we built this business, and that is how we will ensure our future. While we might have to tighten our belts in other places, we will take no shortcuts in customer care. Leading with clarity establishes a robust foundation for making the myriad small decisions required each day. The calming confidence that accompanies that clarity reinforces our workforce that Dalma Tech² Company’s values are a trustworthy compass and that we are genuinely incorporated into everything the company does. As the very nature of work undergoes continual transformation, so must the executive team. Ultimately, embracing the new rather than clinging to the old way of doing things becomes imperative. Stubbornly adhering to “the way things have always been done” only underscores a reluctance to embrace growth. “Leadership and learning are indispensable to each other.” John Kennedy.
Undoubtedly, the financial stability of a company is the linchpin for job security, extending assurance to the individuals whether dozens, hundreds, or thousands working within it. This assurance translates to a reliable paycheck, enabling employees to meet their financial obligations and providing for their families. However, work extends beyond its financial dimensions; it encompasses a profound human aspect. It is the place where individuals devote 40+ hours a week, uniting towards a common goal, product, or service. This shared commitment forges a distinctive relationship; a kind of pseudo-family working collaboratively. And, as with any relationship, there is a fundamental need to care for the members within it. Embracing emotional intelligence, the company in 2024 will exemplify leadership that empowers the workforce, fostering a culture of trust, clarity, and self-awareness. In doing so, the organization not only fortifies our financial stability, but also cultivates a culture where individuals feel valued and supported.