Given the importance of strategic coordination among the subsidiaries and the holding company, holding periodic joint meetings of the boards of directors of these companies with the holding company’s senior managers is an organizational necessity.
Such meetings provide a valuable opportunity to achieve the following objectives:
-Coordination of objectives and strategies
-Exchange of management experiences and knowledge
-Optimal strategic decision-making
-Strengthening the value chain among subsidiaries and developing synergies at the holding level
Therefore, the first joint meeting of the board of directors of the subsidiaries with the senior managers of the Makarrar Engineering Materials Holding will be held by the Vice Presidency of Strategy and Corporate Oversight on Thursday, October 22.