Family businesses in the GCC must not only grow and sustain their current business, but develop beyond the region, A.T. Kearney, a global management consultancy firm said.
The report, entitled GCC Family Businesses: Unlocking Potential through Active Portfolio Management, said “The biggest advantage of GCC family business is the ability to capture the region’s significant growth via international partnerships and franchises across multiple sectors. These are reinforced by local regulations and exceptional leaders with strong entrepreneurial spirit and intimate knowledge of local markets.”