Mubadala Development Company (MDC) Essay Example | Topics and Well Written Essays - 3500 words

Mubadala Development Company (MDC) - Essay Example This is followed by a critical analysis of its organisational culture in relation to its stated mission and vision and the way it is implemented in its operations so as to ensure optimal performance of the organisation. Recommendations will also be given at the end so as to suggest the best possible ways that can be implemented to ensure that there is compliance between the organisational culture and its stated goals. Basically, the report seeks to explore the extent to which the concept of organisational culture affects the overall performance of the whole organisation MDC is a company owned by the government of Abu Dhabi in the United Arab Emirates. MDC is a catalyst for investment by the government of Abu Dhabi and according to its website, it has so far invested in areas including aerospace, health automotive, telecommunication, building of ships and energy among others. It is a catalyst of economic diversification in Abu Dhabi and the company’s strategy is based on the ma nagement of long term, capital intensive investments that deliver strong financial returns and tangible social benefits for the Emirates. MDC was established in October 2002 as a Public Joint Stock Company in Abu Dhabi through a decree issued by His Highness Sheikh Mohamed Bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi. The Government of Abu Dhabi is its sole shareholder. As a Public Joint Stock Company, Mubadala functions much like an incorporated entity in the United States or a â€Å"plc† in the United Kingdom.