Impact Factors of the Omani Oil and Gas Companies on Sustainable and Qualified Omani Workforce as Part of the “InCountry Value Strategy”

Abstract

This research paper aims to assess the impact of an In-Country Value (ICV) strategy on Omanisation and the training and development of the Omani workforce. The study examines how ICV contributes to enhancing human resources development among the local population and facilitating their employment opportunities. By adopting a descriptive research design and collecting data from 65 purposively sampled respondents through a questionnaire, the study employs descriptive statistics to analyze the data. The findings demonstrate the significant role played by ICV in creating numerous job opportunities in Oman. Additionally, ICV supports talent management by increasing employment prospects for Omanis and enabling their participation in vocational/professional training programs. Successful training initiatives in the oil and gas sector, aligned with the ICV framework, have been implemented. The study establishes a positive relationship between the acceptance of training and development initiatives, such as In-Job Training, the Omanisation Plan, and the ICV strategy, thereby contributing to the overall enhancement of Omanisation and the training and development of the Omani workforce. These results affirm the effectiveness of implementing ICV strategies in fostering workforce development and aligning with the objectives of the country's value strategy. The research provides valuable insights for policymakers, industry practitioners, and researchers interested in ICV and human resources development within the context of Oman.