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IDB Vision 1440H A Vision for Human Dignity Strategic Planning Office IDB Group May 2006. Global Challenges. Globalization Reduced Official Development Assistance Reduced Foreign Direct Investment Governance Environment 9/11. Challenges within Member Countries.
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IDB Vision 1440H A Vision for Human Dignity Strategic Planning Office IDB Group May 2006
Global Challenges • Globalization • Reduced Official Development Assistance • Reduced Foreign Direct Investment • Governance • Environment • 9/11
Challenges within Member Countries • All Member Countries (MCs) are developing countries • 23 are LDMCs (Least Developed Member Countries) • Majority facing: • Poverty • Food insecurity • Low human dvpt. • Low technology • External debt • Weak private sector
Internal Challenges • Growth of IDB Group as an institution • Functional overlaps • Skill mix to match diversified activities • Need for discernible impact
The Visioning Journey… Internal Dialogue and Awareness 1440H Vision Mission Adopting Strategic Directions Vision Commission Meetings: UAE, K.S.A, Malaysia Strategic Action Plan Regional Workshops: Asia, ECO, MENA, Africa Organizational Change Brainstorming Session 15 March 2005 Implementation Plan
Core Contents of IDB 1440H Vision Report • Strategic Challenges Confronting the Muslim World and IDB • The Islamic Vision of Development • IDB 1440H Vision and Mission • General Operating Principles • Strategic Thrusts
Strategic Challenges Confronting the Muslim World and IDB • Healthy Human Development • Strong and Sustainable Economic Development • Promoting Good Governance • Strengthening Peace and Stability • Fostering a Powerful Sense of Common Identity, Consciousness, and Empathy as Members of the Ummah • Restoring the Image of the Muslim World
The Islamic Vision of Development IDB is to be driven by a vision of development inspired by Islam • Rooted in the Shariah • Centred on comprehensive development of the human person • Balanced satisfaction of material and spiritual need • Balanced human development • Striving for knowledge and economic advancement • Emphasis on good governance • Development for all humanity, not just Muslims The Islamic vision of human development is not for the IDB alone to realise, but the IDB can play a critical role as an instrument of the OIC.
VISION “By the year 1440 Hijrah IDB shall have become a world-class development bank, inspired by Islamic principles, that has helped significantly transform the landscape of comprehensive human development in the Muslim world and helped restore its dignity.” • IDB as a “world class” organisation • IDB as a bank based on “Islamic principles” • IDB’s commitment to the “comprehensive development” of the people
“The Mission of IDB is to promote comprehensive human development, with a focus on the priority areas of alleviating poverty, improving health, promoting education, improving governance and prospering the people.” MISSION • Transformation of IDB mandate • Widening of IDB development focus • Profound implications: mindset, development strategies, expertise and skills capacity, organisational structure and resources
General Operating Principles • IDB Group shall be a Corporate Khalifah • IDB Group shall be proactive • IDB Group shall seek cooperation and support of governments concerned • IDB Group shall ascertain needs and aspirations of target communities • IDB Group shall consult closely with the stakeholders of proposed programs • IDB Group shall encourage local initiatives • IDB Group general approach shall be to communicate the ‘how to’ rather than ‘gift’
Strategic Thrusts • Reform IDB • Alleviate Poverty • Promote Health • Universalize Education • Prosper the people • Empower the Sisters of Islam without breaching the tenets of Islam • Expand the Islamic Financial Industry • Facilitate Integration of IDB Member Country Economies Among Themselves and with the World • Improve the Image of the Muslim World
Reform IDB – Strategic Thrust • The changes in the strategic environment impinging upon IDB • Changes to the IDB Vision and Mission that the Commission proposes multiply the demands on the Bank and make reform imperative. • Adjustments to the focus and priorities of the Bank, and the additional responsibilities the Bank is being asked to undertake also require changes to IDB organisation, and a very substantial enhancement of its capacity and resources.
Alleviate Poverty – Strategic Thrust • Alleviating poverty must continue to be the most important comprehensive human development focus of the IDB Group, until poverty is no longer a prominent feature of the Muslim landscape. • Nothing detracts from wellbeing and dignity like poverty. • Along with poverty there is hunger, malnutrition, illiteracy, disease, crime and instability. • Poor people are not respected. They are looked down upon. • The Muslim world cannot regain its dignity and esteem if so many of its inhabitants are destitute.
Promote Health – Strategic Thrust • This Key Strategic Thrust should address the most severe and debilitating threats to health in the Muslim world. These are: • Child mortality • Maternal health • Diseases including HIV/AIDS and malaria, • Environmental sustainability • (access to safe drinking water and sanitation).
Universalize Education – Strategic Thrust • IDB should set a target of universalizing both primary as well as secondary education by 1440 Hijrah.
Prosper the People – Strategic Thrust • All countries, whether rich or poor, Muslim or non-Muslim, desire greater prosperity. • The role that IDB will be essentially in the form of providing policy recommendations and advice, consultancy services and as a knowledge bank.
Empower the Sisters of Islam – Strategic Thrust • The Sisters of Islam are the greatest reservoir of untapped wealth and unfulfilled dignity that the Muslim world has. • In a few Muslim countries, women are more economically, socially and politically empowered than even in some Western nations.
Expand the Islamic Financial Industry – Strategic Thrust • Islamic banking and finance is a signature product of IDB. They are virtually synonymous with each other. • IDB also needs to dramatically increase its financial resources and operations if it is to successfully implement the many added responsibilities that are being contemplated for it. • The expansion and improvement of the Islamic financial industry is, therefore, a matter of considerable urgency.
Facilitate Integration of Member Country Economies – Strategic Thrust • Economic cooperation and integration in the face of globalization is absolutely essential for IDB Member Countries • It enables national economies to reduce economic barriers against each other, synergize on each other’s strengths and potentials for mutual benefit, and opens new doors for wealth creation. • It also protects the weaker economies against the predatory pressures of the strong.
Improve the Image of the Muslim World – Strategic Thrust • Terrorism notwithstanding, the battle for the Muslim world’s image will be essentially won or lost on the battlefield of comprehensive development. • If the Muslim world, OIC and IDB are able to realize the Vision of IDB to a significant degree by 1440 Hijrah, the image of Muslims will improve dramatically
1440H Vision Document A VISION FOR HUMAN DIGNITY VISION World Class Organization MISSION STRATEGIC GOALS P O V E R T Y H E A L T H P T R H O E S P P E E R O P L E I G M O P V R E O R V N E A N C E STRATEGIC THRUSTS R E F O R M IDB P O V E R T Y H E A L T H E D U C A T I O N P T R H O E S P P E E R O P L E E W M O P M O E W N E R I F S I L N A A M N I C C E E I C N O T N E O G M R I A C T I O N I M M U A S G L E I M O S F Schematic Design of IDB 1440H Vision
Schematic Design of IDB 1440H Vision, 10-Yr OIC Action Plan and Strategic Framework (1426H -1430H) OIC 10-year Programme of Action Decisions/Orientations Strategic Framework (1426H – 1430H) 1440H VISION Mission STRATEGIC GOALS POVERTY STRATEGIC OBJECTIVES H E A L T H Poverty Alleviation PROSPER THE PEOPLE Promoting Co-op. Among MCs IMPROVE GOVERNANCE Promoting Isl. Banking & Finance PRIORITY AREAS STRATEGIC THRUSTS REFORM IDB Human Development Special Fund Increase IDB Capital POVERTY Agriculture Dev. & Food Security Mechanisms for Co-op with Private Sector HEALTH EDUCATION Infrastructure Dev. Streamline Decision Making PROSPER THE PEOPLE Promote Invest. Opps, Intra-OIC trade and Joint Ventures Private Sector Dev. WOMEN EMPOWERMENT Support Dev. And Poverty Alleviation in Africa Intra-trade among MCs ISLAMIC FINANCE Improve Edu. Inst. / Prevent Brain Migration / Scholarships and Awards (Science & Hi-tech) ECONOMIC INTEGRATION R&D in Isl. Banking & Finance IMAGE OF MUSLIMS MSB & DIA /IDB-SPOG/IDB 1440H Vision
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