GCC Family Businesses Discuss Requirements for Long-term Continuity and Growth at 2017 FBCG Annual Summit in Dubai
Family Business Council - Gulf (FBCG), the regional association of Family Business Network International (FBNi), recently concluded its Annual Summit 2017 under the theme Secrets to Family Business Continuity: Committed to Evolve Over Generations kept in Dubai.
The fourth edition of the summit brought together leading GCC family members organisations experts and academicians to share family business experiences and effective strategies to attend to household business challenges.
H.E. Abdulaziz Al Ghurair, Chairman of FBCG, claimed, "We believe that each family business has its very own keys to success, but we additionally believe that households can inspire each an additional on ways to regrow their very own formula to success" He added, "By tailoring the summit schedule around real-world study and success stories, we aimed to give families with practical understandings that they can learn from and integrate in order to far better address the challenges of development, business version advancement and generational transition."
Prominent regional and worldwide speakers took the stage up presenting study and participating in panel discussions. 2 GCC family members teams, Al Mulla Group from Kuwait and SEDCO Holding Group from the Kingdom of Saudi Arabia, shared their knowings and discussed the best ways to professionalize and introduce company technique in the family members business; concentrating on ways to construct efficient Boards to fit lasting generational time horizons.
The summit also experienced the launch of a GCC study on family members business social effect. Community Jameel shared their strategy in developing community projects connected to their business and centered on task development. Hassan Jameel, Deputy President and Vice Chairman of Abdul Latif Jameel, took part in an appropriate panel session along sustainability specialists and discussing with the audience efficient methods of giving in the context of the family business.
International family speakers also took part in the summit; Hans-Jacob Bonnier of Bonnier Group, a sixth-generation household company which is placed among Scandinavia's leading media conglomerates; and Meral Zaim Inci, a second generation from the leading Turkish Inci corporation. Both families come from FBN special community; and took part in GCC summit to provide their household governance development journey.
Every year, the FBCG summit attracts leading GCC household businesses in a personal closed-door event. FBCG's events are unique to family-business members and the style of the sessions is developed to motivate open and efficient conversations amongst the participating members.
