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RECENT turmoil in the global financial system has taken its toll on the economic climate in Kuwait, a few organizations have folded and some are still struggling. In an environment of fear and uncertainty, it is essential that companies work on sharpening their competitive advantage so that when the environment improves they are best positioned to benefit. They need to identify opportunities that would enable them to emerge stronger from the downturn.
In our recent interactions with leading regional organizations, we perceived a more visible future orientation than was apparent three or four months ago. Across industries, CEOs in Kuwait increasingly believe that the worst is behind us and have started to look ahead and address the basic questions of managing a business – How do we best leverage our limited resources? How will we grow? How will we succeed? How will we win over the competition?
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