Posted on June 30, 2013

Consolidated Gulf Company (CGC), leading technology and engineering solutions provider, hosted 75 of its key executives for a business strategy meet at Radisson Blu hotel in Doha recently. The executives brainstormed on the current business scenario and future strategy for the company’s faster growth and expansion.

Munther Khalid, CEO, Anil Mahajan, Chief Operating Officer, and Tawfeeq Salem, CFO, CGC, shared the company’s growth plan and vision with the key stakeholders during the day-long deliberations. 

Munther Khalid called for team efforts to achieve business objectives. He stated: “Being a 25 year old technology company with solid financials, capable human capital and substantial turnover is something very few top line tech companies can even imagine in Qatar and beyond. However, that’s not enough for us. Our goal is to achieve the billion mark this year. Together as a team we can reach the pinnacle of glory, provided we dream for it, believe in it and ready for scaling the pick. The prerequisite is hard work, dedication, determination, team spirit, sincere efforts, meticulous planning and timely implementation.”

Elaborating the company’s expansion plan, Anil Mahajan said: “Restructuring and optimization of resources have been an ongoing process to achieve our objectives. The addition of many new business units clearly reflects our approach and determination to explore further business opportunity and invest accordingly to drive success. We have already got more than 500 project orders within the last five months. Winning so many projects in such a small duration is a great beginning; however, we need both volume and value to achieve higher return and revenue. Our sales team needs to consolidate on our strong foundation and maintain the momentum taking strength from our skill-sets, client confidence, quality deliverables, efficient services and strong value build over the years of hard work and dedication. For us, it’s critical that each business unit strives hard to contribute to achieve the sales numbers to attain our vision of becoming a billion riyal conglomerate this year.”

Tawfeeq Salem exhorted the executives to be more focused and result oriented to bring more laurels to CGC. “While we expand globally and at the same time strengthening locally, we must have our target in sight to hit it with precision. Together we can do it and be the winner.”

The top management presented Excellence Awards to 10 staff recognising their sales performance and contribution to the company’s growth.

Besides increasing portfolio, CGC has also consolidated its overseas business with operational reach across GCC and beyond. It has also got breakthrough in Kuwait with a major oil and gas project. Its Indian venture is now operating from two offices in Hyderabad and Mumbai with many projects in hand and more in pipeline. The company is also implementing some projects in Latin America and Europe utilizing its 3D modeling expertise.

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