BinHendi Enterprises, one of the oldest family-owned businesses in the UAE, has hired the management consultancy McKinsey to restructure the organisation and improve its management, a top official said.
"Every so often we tend to dive into the company and stay there and not come out of it," said Mohi-Din BinHendi, president of BinHendi Enterprises, told Gulf News. "We wanted professionals to look at our processes, systems and management."
Hiring the wrong people, especially during the boom years when people flocked to Dubai for jobs, resulted in lost opportunities, he said. But why go for the overhaul now?
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