Healthcare in the GCC: New challenges for the Public sector

Summary: The GCC has one of the best public healthcare sectors, in terms of capital investments and infrastructure support. However, it seems to be underutilized and loosely controlled. In this era of mandatory insurance, what does it need to do to counter the ever-growing threat of private healthcare sector? 

Read the rest of this entry »

From Aspiration to Strategy

Summary: What do you when you have grown from a small company to a large behemoth in a span of 2-3 years, because you had access to easy capital and your assets appreciated unbelievably in this duration?

Some of the businesses in the GCC are asking the same question and grappling for answers which are not easy to come by. Their asset base has grown manifold in a very short span of time, and they are unable to handle this meteoric growth. Till now they were aspiration led. It is time to become strategy led.

  Read the rest of this entry »

Creating a differentiated Infrastructure / Real estate Organization

Summary: The GCC is fast emerging as the Mecca of real estate / infrastructure development firms. The growth in this sector in this region has been probably the fastest in the world, rivalling that in emerging economies like India and China. However, competition has become intense, demand is on the decline, and managers in these companies are forecasting slower growth and shrinking bottomlines in the coming 5-10 year period.What can an organization in such environment do to differentiate itself, and sustain long term growth? Diversification and integration (both forward and backward) could offer some tangible solutions.

Read the rest of this entry »

Owner Managed Businesses in the GCC: The new realities

Summary: GCC and the wider mid-east has, perhaps, the highest concentration of cash-rich, diversified owner managed businesses (OMBs) on this side of the globe. Evolving from trading houses into diversified conglomerates, these businesses now face an unprecedented threat – change or perish. The reason for this has largely been a slow but steady change in local business regulations, imminent movement of the GCC economies into WTO, and fast movement of hot gulf money into other economies-a phenomenon that is forcing investors to reevaluate their options. OMBs face new realities that can fundamentally alter the way they function. The key reason for this situation is the inability of owners to distance them from day-to-day management of the business. Such micromanagement, coupled with closeted decision-making, and little or no emphasis on management / leadership development, is the main cause that stunts OMBs’ growth prospects.

Read the rest of this entry »