(MENAFN- Gulf Times) Recognising the dominance of family-owned businesses and their key contribution to economies across the Gulf Co-operation Council (GCC), HEC Paris in Qatar, a member of Qatar Foundation, is offering bespoke executive management programmes that are individually tailored for each company.
The globally-acclaimed programmes are designed to meet the specific needs of each client and are aimed at key decision makers, from board level to middle management.
While meeting the needs and requirements of family-owned businesses in the region, the custom-designed executive management programmes strike a delicate balance between preserving deeply-rooted family values and traditions with contemporary models of management, innovation and market dynamics. "Family-owned businesses have long been economic powerhouses that contribute significantly to non-oil GDP throughout the region," said Raja Assili, CEO of HEC Paris in Qatar, who himself worked for 20 years in GCC-based family-owned businesses.
"Many of these conglomerates operate franchises of well-known international brands. They are also responsible for the creation and development of home grown brands locally.
"Because of their active participation in a wide range of business sectors, it is therefore imperative that the owners and management of family-owned businesses are equipped with the latest knowledge and skills to enable them to face the challenges and issues that are unique to their businesses," he added.
Prof Laoucine Kerbache, Dean at HEC Paris in Qatar, said: "As a result of our geographical presence in the GCC region for over five years, we have a wealth of international and regional knowledge and experience to create distinct programmes for family-owned businesses, We recognise that there are many complex factors which make every family-owned business unique and therefore no two programmes are the same. Our aim is to help family-owned businesses understand their respective strengths and weaknesses, motivate innovation and navigate safely towards sustainable growth and stable secure future, while respecting the overarching aspect of family privacy."
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