News room

In the news

Distribution market: United Arab Emirates

Strategy&’s partners Walid Tohme and Haroon Sheikh, principal Ashish Labroo, and manager Anna Germanos write that too many large organizations in the GCC are missing a significant business opportunity. At a time of increasing costs pressure, rising competition and a volatile economic environment, these organizations – such as family conglomerates, multi-business unit corporations, investment portfolio companies or government entities with multiple departments – have yet to exploit the potential of group-wide collaborative sourcing.

 

Distribution market: Pan Arab

According to Strategy&’s principal Paul Leinwand and retired CEO Cesare Mainardi, these problems are not caused simply by external forces. They are the outcome of the way most companies are managed. There is a significant and unnecessary gap between strategy and execution: a lack of connection between where the enterprise aims to go and what it can accomplish. We have met many leaders who understand this problem, but very few who know how to overcome it. In another global study, this time of more than 700 senior executives, only 8 percent said the top leaders of their enterprises excelled at both strategy and execution.

 

Distribution market: United Arab Emirates

Bahjat El-Darwiche, partner with Strategy&, writes that there are three key areas in the region that needed to work more effectively to connect the unconnected population of 200 million. These include the connectivity market which provides affordable and reliable access, the content market which creates relevant and compelling content for people to go online, and the retail market which is the Internet industry’s sales and service arm and which helps people to discover the Internet.”

 

Distribution market: Global

Strategy&’s report on behalf of Facebook "Connecting the world: Ten mechanisms for global inclusion" concludes that 500 million people could escape poverty by being connected online. Connecting the majority of the world would also benefit the global economy by over $6 trillion, according to the study, and provide a $400 billion growth opportunity for telecom operators. Currently, 4.1 billion people are disconnected from the modern economy.

 

Distribution market: Global

According to Strategy&’s report on behalf of Facebook "Connecting the world: Ten mechanisms for global inclusion", bringing the internet to the 4 billion people not currently online would add $6.7 trillion to the global economy and lift 500 million people out of poverty, new research has found. The report, prepared for Facebook by PwC’s strategy consultants Strategy&, looks at mechanisms for encouraging global inclusion and connecting the world through the internet. With access to the internet being declared a basic human right by the United Nations, the importance of connecting the 55% of the world’s population who are offline is a truly global issue.”

 

Distribution market: Saudi Arabia

Strategy&’s partner Per-Ola Karlsson explains that hiring an executive from outside a company to serve as chief executive officer used to be seen as a last resort. That is not the case anymore with the disruptive market-related changes that companies are facing today. While an internal CEO candidate may have an excellent record of achieving the business goals the company has pursued in the past, boards are recognizing that this candidate may lack the skills needed to lead the company through the changes necessary to win in the future.”

 

Distribution market: Pan Arab

 “I think the Kingdom is in strong need to privatize its health sector because the cost of the health care system is increasing and it will continue to increase because of disease burden and medical inflation. It will reach a stage where it will become unsustainable to fund the health care system and that is why the private sector participation will be very important to curb the costs of the government,” writes Strategy&’s partner Gabriel Chahine.

 

Distribution market: United Arab Emirates

Strategy&’s partners Alessandro Borgogna and Fadi Majdalani, and principal Marwan Bejjani write that over the past decade, GCC construction companies have expanded quickly thanks to considerable investment by the region’s governments. Companies grew fast without enough control of costs and labour, nor did they develop the right skills and capabilities. Today’s environment is radically different, which means that construction companies must change how they operate to succeed in a more difficult market.”

 

Distribution market: United Arab Emirates

Strategy&’s partner Bahjat El-Darwiche and manager Jad El Mir, along with Rawia Abdel Samad, director of the Ideation Center, explain that in the space of the last 20 years internet penetration has increased from 1 per cent of the world’s population to about 40 per cent today. In the Middle East alone, more than half of the population now has online access, with the figure in the GCC at 75 per cent. This impression expansion of internet use and its ability to create jobs and stimulate economic growth is particularly important for the GCC, which is seeking sustainable growth despite low oil prices.

 

Distribution market: Pan Arab

 “PwC and Strategy& plan to open a Digital Experience Centre in Dubai, to provide digital-centric services to clients in the region. The Digital Experience Centre will open in mid-2016 and will occupy an entire floor of Emaar Square offices. The digital and physical environment will feature a state-of-the-art immersion lab and collaboration spaces, engineered for PwC and clients to reimagine their customer’s experience, their businesses and co-create a plan to get there.”

 

Page 1 2 3 All Next >