France: Thirteen companies from the Middle East, including two from Saudi Arabia namely SABIC and Almarai, are among a new class of ‘global challengers’ that are leapfrogging their developed market counterparts to achieve global leadership positions according to a report by Boston Consulting Group (BCG).
Only four companies globally, including SABIC, graduated to become global leaders, according to the report, ‘Global Challengers 2018: Digital Leapfrogs’.
“Talented workforces deliver high-quality products and services, and proven operating models have built track records
of consistent success. Innovation, based on extensive know-how, stays high on global challengers’ agendas,” the report added. “Going forward, we believe the global challengers are well positioned to use their digital assets to capitalise on a number of the defining characteristics.”