Family Business Decision-Making Process: Key to Success and Sustainable Progress

2023-11-08 08:22:03

Being a family business, how are important decisions made? How does this process contribute to the company’s success and sustainable progress in its business?

Important decisions that affect the company’s course are taken following discussing them in the Board of Directors, in line with the strategies and future plans that were approved by the Board, which has always been proactive in making bold and successful business decisions, and in a way that ensures the company’s continued operation in the desired manner. Board of Directors meetings are held 4 times a year under the chairmanship of my brother Abdul Mohsen Al-Haqbani, and through this we achieve success and progress in our commercial work. It should be noted that the company is in the process of offering its shares for public subscription in the parallel market “Nomu”, which is considered a development of the company’s strategy in enhancing governance. And lay strong foundations to achieve its future goals.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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