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Meeting ID: 395 827 161 501

Passcode: F9Bc3ji6

Abstract:

In this seminar, we present a novel model for regulatory authorities based on closed-loop systems theory. Regulatory authorities are government agencies responsible for overseeing specific sectors or markets. Examples of such authorities include the Electricity Authority, Telecom Authority, Market Capital Authority, and Transportation Authority. These agencies perform key functions such as licensing, defining tariffs, and monitoring sector performance. Given that regulation is a core principle in systems theory, it is logical to apply the full range of system theory tools to model, optimize, and manage the operations of regulatory authorities. This seminar will introduce the fundamental concepts of the new model and highlight its advantages in enhancing the performance of these agencies. The session will clearly demonstrate how system theory and closed-loop control can be applied in management and government sectors. Further research may be required to explore the various dimensions of this topic.

Speaker Bio:

Dr. Mansour ALDajani holds a BS and MS in Systems Engineering from King Fahd University of Petroleum and Minerals (KFUPM), Saudi Arabia, and a Ph.D. in Electrical Engineering from UCLA. He previously served as an Associate Professor in the Department of Systems Engineering (CISE-CIE) at KFUPM. Additionally, Dr. Aldajani held leadership positions, including Director of the ICT Research Center and the Center for Economics and Management Systems at the RI, KFUPM, as well as the Director of ITC at KFUPM. He later served as the Supervisor of IT and Advisor to the Governor at the Electricity Regulatory Authority and held different roles at the Education and Training Evaluation Commission (ETEC). Currently, Dr. Aldajani operates his own consulting firm specializing in technology, data, strategy, and innovation.