Governance Model for Achieving Saudi Arabia’s Vision 2030 Riyadh 2

  • 2/5/2023
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Level Two. Developing Strategies • Strategy Committee at the Council of Economic and Development Affairs. The Committee shall support the Council in strategic affairs. It shall propose strategies for achieving Vision 2030 and translate those strategies into implementation programs. The Committee shall also monitor the implementation process, by supervising the Strategic Management Office and examining all its reports. The committee shall also undertake the important role of resolving issues and problems that might impede the implementation of the strategies, programs, and initiatives: it shall resolve any issue escalated by the Strategic Management Office or shall present them to the Council. The committee shall convene at least once every three months at the invitation of the chair or whenever deemed necessary. • Strategic Management Office at the Council of Economic and Development Affairs. This office shall operate under the Strategic Committee and act as its executive branch. It shall be entrusted with the study and analysis of methods for translating Vision 2030into action plans and implementation programs, and it will be responsible for continually supervising and monitoring the progress of those programs. It shall determine the progress of the objectives by reviewing reports, identifying gaps, and submitting its periodic reports with relevant recommendations to the Strategic Committee. Furthermore, the office shall assume an important role in overcoming the issues and problems brought to its attention and in examining any delayed or stalled initiatives. For the purpose of clarifying facts and converging views, it shall also prepare a complete dossier that will be used as a basis for reviewer will be forwarded to the Strategic Committee for resolution. • Project Management Office at the Council of Economic and Development Affairs. This office shall be responsible for monitoring the projects and decisions of the Council. It shall follow up on the progress toward achieving Vision 2030 goals and commitments; and on the Council’s priorities and most important initiatives. Accordingly, the office shall ensure adherence to project management methodologies and classify any goals, commitments, and initiatives into portfolios. Furthermore, the office shall analyze the relevant dependencies and risks that could interfere with the achievement of the desired results. The office shall also monitor the progress of exchanges to/from the Council. The office shall communicate with relevant stakeholders, collecting relevant reports, following up on implementation and managing risks. This process will involve identifying, escalating and regularly reporting challenges to the Strategic Management Office. It shall also monitor the level of commitment and collaboration of stakeholders. • Ministry of Economy and Planning. The ministry shall provide support to relevant stakeholders and government agencies involved in strategic and executive planning, pursuant to the instructions of the Council of Economic and Development Affairs or upon the request of the aforementioned parties. It shall also provide any necessary information-including, data, statistics, and studies-to relevant stakeholders. Finally, it shall harmonize the sector and regional plans of relevant stakeholders. • Delivery Unit. The Delivery Unit shall support the Council of Economic and Development Affairs in its work with executive bodies to achieve Vision 2030. It shall assist with designing, implementing and achieving initiatives. The Unit shall also intervene, upon the request of the Council, to resolve any issue that confront initiatives of the Vision 2030 implementation programs. It shall also submit periodic reports to the council on its assigned programs, projects and missions. --More 14:27 LOCAL TIME 11:27 GMT www.spa.gov.sa/w

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