Equate Petrochemical Company, Kuwait's first international petrochemical joint venture, and UAE’s Altaaat Leadership Development Institute continued their strategic partnership in innovation through a recently held joint workshop.

Commencing their partnership in 2014, Equate has so far dispatched two waves of its employees to be trained at Altaaat in Masdar City, Abu Dhabi, said a statement from the company.

During 2015, Equate was granted Innovation Based Leadership (IBL) Award organised by IBM, Masdar City, and Altaaat for developing a fully integrated solution that meets customer requirements in supply chain, marketing, procurement, research & development (R&D), as well as other areas, it said.

Equate president and CEO Mohammad Husain said: “Innovation is a critical strategic initiative in our company’s culture to generate overall value and ensure long-term competitiveness.”

“To maintain our position as a global industrial leader, the holistic culture of innovation is implemented throughout the company. The most critical element to ensure the success of innovation is the human capital, our employees, who represent our top stakeholders and main component for sustainability,” he said.

Husain added: “This ongoing partnership with Altaat is part of Equate’s continuous journey to connect people from different organisations, locally and globally, to achieve overall growth and development through innovation. Equate will continue sharing and exchanging innovation ideas with its ‘Partners in Success’.”

Altaat partner and senior leadership trainer Hala Al-Turki, said: “Equate has been instrumental in realising our aspiration to form partnerships. These partnerships have the common objective of establishing a culture of innovation with individuals and organisations throughout different parts of the world.”

“In addition, we have developed several innovation-based leadership solutions and programmes in many fields, including IT, marketing and education. This is all part of the continuous social and economic development Altaat and its partners, such as Equate, are aiming to achieve,” she added.

In addition to Husain and Al-Turki, the workshop was attended by Equate vice president for technical services Tareq Jafar Al-Kandari; innovation program leader Abdulrahman Al-Munayes; members of Equate Innovation Steering Team; Equate participants in Al-Taaat IBL Programme; as well as a number of leaders and employees, it said.

The workshop was held at Equate Innovation Lounge, which is considered one of the first innovation centre established by a private company in Kuwait. Equate is also planning on establishing Innovation Centres at its industrial complex and its new headquarters, it stated. – TradeArabia News Service