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Family businesses in the Gulf Cooperation Council are major forces in regional philanthropy, supporting a wide range of causes. And as they undergo important internal changes, with new generations taking control, these businesses can increase the impact they have in their communities by modernising traditional philanthropic approaches.
Strategy&’s Principal Sevag Papzian writes that Digitalisation has become an imperative for companies worldwide. The smart adoption of technology and exploitation of the data it generates can help companies reinvent their business model, achieve major operational and cost efficiencies, and become more relevant to their customers.
Serge Eid, Manager at Strategy& writes that with incomes in the region rising and new infrastructure being built, GCC countries are enjoying higher standards of living. As consumption levels increase in both shops and online, key actions need to be taken to safeguard GCC consumers from fraud, misinformation and other possible threats.
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