CASE STUDY
Al Qaryan Holding (AQH) assigned CDS to support it in sustaining its leadership position in the recycling sector in the GCC through the institutionalization of the Group's Head Office and the rejuvenation of its core affiliates.
Company Overview
Founded in 1988, AQ Group has successfully developed into one of the leading recycling and trading companies in the region, with activities now ranging from processing recyclable materials, to dismantling & demolition, waste management, trading, logistics, and manufacturing.
Scope of AQH Programs Conducted by CDS
Phase 1: Holding Level
Fact Finding
Corporate Purpose
Corporate Strategy
Corporate Governance
Organization Structure
Execution Plan & PMO Setup
Implementation Support
Phase 2.A: Group Level
Human Capital Management
Phase 2.B: Affiliate Level
Business Strategy
Operating System
Execution Roadmap & PMO Setup
Impact
Enhanced governance of AQ Holding and its affiliates through the establishment of separate Boards of Directors and the development of clear Board Charters and mechanisms which enable more dynamic, focused, value-adding, and effective Boards
Higher quality and uniformity of support functions
Rejuvenation of AQH’s affiliates through improved strategic focus and full organizational restructuring which protect their leadership position in their respective sectors and support their targets of revenue growth and profit enhancement
Streamlining of all operations resulting in cost reductions, higher productivity levels, increased internal efficiencies, and improved internal controls
Formalization of the organization’s internal know-how in such a way that it becomes the intellectual property of the Holding, thus enhancing its intrinsic value
Maximization of the organization’s internal equity and ability to develop a competitive edge in the market
Enhanced ability to attract and retain talent