The global economy is undergoing rapid changes and many businesses are struggling to forecast these changes. A company’s ability to adapt is what can make or break it. Are you a business owner that would like to learn tools on how to best navigate economic trends? Join AmCham Abu Dhabi for an insightful morning briefing with Dr. Sabah al-Binali, Chief Executive Officer, Universal Strategy.
Most of the business models of UAE companies are not sustainable in the new economy. As the new economic reality is faced, companies will need to be restructured, turned around, transitioned and transformed to be able to survive the short-term challenge of economic change and to position themselves to prosper in the future. Dr. al-Binali will discuss his experience on how shareholders and boards are managing this transition and what you can learn from the mistakes and success stories of others.
Management failures: Fear of restructuring, fear of downsizing, over pleasing leading to bloating
Understand why actual results repeatedly underperform target results
Breaking the death spiral of a company
Board failures: Not holding management accountable, failure to identify and measure key performance indicators, confusing trust in the person with trust in the system, inability in making decisions under uncertainty
Shareholder failures: Not holding the board accountable, confusing trust in integrity with trust in competence
Who should attend?
Executives who would like to learn how to transition a company from a weak to a strong position