Gulf Integration Industry Consulting Project for Saudi Business

Question: Discuss about theGulf Integration Industry Consulting Project for Saudi Business. Answer: Overview Founded in the year 2012 by one of the most prominent Saudi Business Groups, Gulf integration is a multinational business heavily invested in the Gulf regions energy sector (Gulfintegration.com. 2017). The company is headquartered in Riyadh, Saudi Arabia with 6 key branches in different parts of the Kingdom (Gulfintegration.com. 2017). The organization operates under a diversified business model with 6 independent business units that are seamlessly integrated together to ensure that the company is able to achieve its objective of obtaining unrivalled success in its areas of operations (Gulfintegration.com. 2017). The 6 key business units under the companys umbrella are power and energy, sports accessories, Telecom and IT services, Management Consulting, Electro mechanical solution, Management consulting and Pharmaceutical. This paper seeks to provide a pictured organizational chart describing Gulf Integration modus operandi, the industry context under which it operates and the compan ys nature. The paper will also highlight the connection between the author and the company. Industry Context in which Gulf Integration Operates Unlike most companies in the Saudi Kingdom which focus primarily on the construction and energy sectors, Gulf Integration has effectively diversified its product portfolio. Due to its diversification, the company operates in 6 different industries representing its key business units. The company has significant interest in the Oil and Gas sector where it is investing in the production of alternative forms of energy. The company also has interest in the Telecommunications and IT industry where it deals in the design, sales, implementation and maintenance of data and communication solutions. Another industry in which the business operates in is the sporting industry where through it provides quality solutions for sporting fields. Other industries where the company has interests in include the pharmaceutical industry, ISO compliant Industries, Construction industry, Health and Education Industry and Power and Energy Industry. Gulf Integration Modus Oparandi Connection with Industry Gulf Integrations main responsibility is the coordination of its different business units to ensure that they operate effectively. As a result of this, Gulf Integration operates more like a coordinator of its 6 key business units. The company seeks to ensure that its global network is able to operate effectively with little complication and that its clients obtain the best of services that are in the market (Koch et al., 2015). As a citizen of Saudi Arabia, I greatly admire the company because of its desire to integrate the different key sectors in the countrys economy. Through its actions the company demonstrates how the different aspect of Saudi Arabias economy can coordinate with each other to ensure economic progress (Wright 2016). I got the opportunity to work in the company through its internship program and through this opportunity I was able to learn of how the various sectors of the countrys economy interrelate with each other. The business model employed by the company is quite important as it helps to ensure continued operations and survivability of a country even when one sector of the economy experiences a downfall. This is currently being witnessed in the oil and gas industry which has been struck by a significant decline in prices due to global over production (Baumeister, and Kilian 2016). Bibliography Gulfintegration.com. (2017). Gulf Integration | Integrating Diversity. [online] Available at: https://gulfintegration.com/ [Accessed 6 Oct. 2017]. Baumeister, C. and Kilian, L., 2016. Understanding the Decline in the Price of Oil since June 2014.Journal of the Association of Environmental and Resource Economists,3(1), pp.131-158. Koch, C., Mathiasen, J.B., Nyffeler, N. and Schorderet, A., 2015, August. Mechatronics: From systems combination to business integration. In Management of Engineering and Technology (PICMET), 2015 Portland International Conference on(pp. 1576-1584). IEEE. Wright Jr, J.W. ed., 2016.Business and economic development in Saudi Arabia. Springer.