Press releases 2016
Family businesses need to follow a differentiated path to institutionalize and be positioned for the future
Family businesses in the Middle East and North Africa (MENA) region are facing challenges to development, according to a recent study by management consultancy Strategy& (formerly Booz & Company.)
GCC airlines should transform their distribution business models and how they sell to customers, according to a recent study by management consultancy Strategy& (formerly Booz & Company), part of the PwC network.
Maintaining the GCC’s low gas prices, which are set considerably below international prices, is unsustainable and will create significant problems for the region in the future, according to a recent study by management consultancy Strategy&, formerly Booz & Company, part of the PwC network.
Following a period of growth, GCC companies must now focus on capabilities if they want to stay competitive. If not, they risk falling into ‘growth traps’, according to a recent study by management consultancy Strategy&, formerly Booz & Company. Growth traps are situations in which companies that grew quickly by taking advantage of favorable external market conditions face issues in sustaining their growth due to the absence of internal corporate capabilities. To circumvent these growth traps, GCC companies should develop powerful capabilities either through internal development, M&A’s or partnerships.
GCC countries are facing budgetary problems which could result in long-term deficits if not addressed. While every GCC government has announced spending cuts to conserve budgets, conventional cost-cutting is only a short-term fix and could potentially slow a country’s growth over time, according to a recent study by management consultancy Strategy&, formerly Booz & Company.
The Middle East can add $380 billion to regional economic output by bringing the whole region online according to a major new study by Strategy&, formerly Booz & Company and part of the PwC network, on behalf of Facebook. In an environment of low commodity prices and regional instability, the Middle East is changing how it achieves sustainable economic growth. Innovation and digitization will play as important a role in the future as government spending. This is because the Internet is a major driver of growth, and creator of new, high value jobs around the world, which makes digital inclusion a powerful tool for development and poverty reduction.
21% of the 62 largest listed Middle East corporates saw a new CEO take the helm with Saudi Arabia at a very rate of 38,5% in 2015
PwC’s Strategy& Presents the Strategy That Works Book: A Look at Why Certain Companies Succeed and Why Others May Not
Many companies in the Middle East set ambitions and develop strategies that are stretching their organizations’ capabilities to the limit
Middle East Ranks 9th Overall of 19 in Global Omnichannel Retail Index
Middle East Ranks 5th of 19 in Grocery, Apparel and Footwear Segments
Middle East has high growth potential in omnichannel market
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