The Role of Family Business in Making Important Decisions and Driving Sustainable Progress

by time news

2023-11-08 10:22:03
Al-Haqbani Family Business: Making Important Decisions for Sustainable Progress

As a family-owned business, making important decisions is a vital aspect of ensuring the continued success and sustainable progress of the company. The process of decision-making greatly contributes to the company’s success and its ability to thrive in the competitive business landscape.

The Al-Haqbani Family Business takes great care in ensuring that important decisions that affect the company’s course are made in a strategic and thoughtful manner. These decisions are thoroughly discussed in the Board of Directors, in line with the strategies and future plans that have been approved by the Board. This proactive approach to decision-making has led to the company making bold and successful business decisions that have contributed to its success and continued operation in the desired manner.

The Board of Directors, chaired by Abdul Mohsen Al-Haqbani, holds meetings four times a year to discuss and make important decisions for the company. Through these discussions and decisions, the company has achieved success and progress in its commercial work, ensuring that it is able to adapt and thrive in the ever-changing business environment.

In a further demonstration of its commitment to governance and sustainable progress, the company is in the process of offering its shares for public subscription in the parallel market “Nomu”. This strategic move is considered a development of the company’s strategy to enhance governance and lay strong foundations to achieve its future goals.

The Al-Haqbani Family Business’s approach to decision-making and governance is a testament to its commitment to long-term success and sustainable progress. By carefully considering and discussing important decisions within the Board of Directors, the company is able to make informed choices that contribute to its continued success and future growth.]
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