Track I: Prepare a report for the board of directors outlining the strategic choices and implementation strategies
Question:
Track I:
Prepare a report for the board of directors outlining the strategic choices and implementation strategies for GIB survival in the late 1980s and beyond. GIB is an offshore wholesale and investment bank incorporated in Bahrain. It was formed by the seven Arab Gulf States of Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates in 1976, with equal shares. GIB was established to serve the banking interests of the share holding states and to capitalize on the new petrodollar wealth accumulated in 1974 and beyond. GIB's board and senior management are provided from the shareholding state with equal representation. In addition, many experienced expatriates are also employed in every unit in the bank. GIB's charted corporate mission emphasizes commitment to the training Arabian Gulf nationals in the banking industry.
Step by Step Answer:
Strategic Management Of Services In The Arab Gulf States Company And Industry Cases
ISBN: 9783110114492
1st Edition
Authors: M. S. Kassem, Ghazi M. Habib