Dubai: Global shipping, logistics and marine services provider GAC Group today launched a new growth strategy - and a new logo - to take it forward to 2012.
'Vision Y - Global Values', is a natural extension of the previous 'Vision X - Global Reach' strategy which laid the foundation for GAC's successful drive to become a recognised global player in its core businesses.
Nurturing values
For Group President Lars Säfverström, the new five year plan both builds on the growth momentum created over past five years and adds an important values component.
"Rapid growth is good for the bottom line and for extending services to all corners of the globe but it is a challenge to maintain your core values in such circumstances," he says. "Vision Y - Global Values puts renewed emphasis on our operating culture, which is unique in the business world. Our guiding values reach beyond cultural and geographical differences and add a strong human element to all that we do. For example we truly value long term partnerships with our customers and with our operating partners around the world.
"This is evident in our relationship with NYK, dating back to 1958 and with our many business partners in the Gulf region from the late 50s and early 60s.
"These values are also in play internally and have a direct impact on our HR policies and practices."
Säfverström sees GAC's values as a market differentiator and reports that many observers are amazed at how successful GAC's 'values-based' business model has been.
New Logo
The new GAC strategy brings with it a new logo. It has clear connections to the previous logo while updating it to suit the times and to reflect the global reach of the GAC Group.
Group Communications Director, Esther Oon-Bybjerg says the logo has plenty of hard work to do as the visual marker for the GAC brand. "The new design works effectively in all the established print and broadcast media but also works better in the new online media," she says. "It's an updated visual anchor for the many campaigns and marketing initiatives we are involved in."
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About the GAC Group
The GAC Group (GAC) is the world's largest independent shipping, logistics and marine services provider, with over 270 offices worldwide.
Established in 1956, GAC's core business covers four key areas - shipping, logistics, marine services and Solutions. The GAC brand reflects value for money, quality, continuity, innovation and global reach.
GAC employs more than 8,000 people worldwide. The GAC Group corporate head office is in Dubai, in the United Arab Emirates.
© Press Release 2008
