In business, one of the necessary and key strategic management plans is product position. Unique and established product position contributes to significant success. Product position helps the business in defining as well as exploiting the available opportunities in the market niche. In addition to product position, there is proper entrepreneurial networking. For a company to develop, it is important for the proprietor to network with strong and well-established entities. Brands with strong reputation have a positive strategic move for business. Strong brands have successfully utilized these two key strategies in becoming competitive. Damac Group of Dubai properties is an admirable company that has infused these two strategies in exploiting business opportunities in the Middle East. Under the leadership of Hussain Sajwani has DamacGroup flourished into a multi-billion enterprise.
Founded in 2002, DamacGroup is a force to reckon with in property development. The company has developed into a stature. It is a prominent business that curves a name in the industry for being a leading property developer of luxurious buildings. With approximately 2,000 employees, the company has proven beyond reasonable doubts that it is one of the best property providers in UAE. From the first residential building it had procured before the business was opened, the Hussain Sajwani family business has developed into an excellent property provider that specializes in luxury developmental areas of commercial and residential buildings. One leisure property that Hussein Sajwani Damac owner has been active in developing is the Donald Trump-branded golf course that was designed by the legendary Tiger Woods. His success story has seen him receive praise from Donald Trump.
Being visionary and committed to developing successful business strategies that will see the company soaring high, Hussain Sajwani is planning to list DamacGroup in the list of London Stock Exchange. The objective of this listing is to explore business in foreign markets. This will be done through expanding the company by extending its services to other territories. Hussain Sajwani has been interacting with high profile individuals. Consequently, he has managed to donate millions towards charity foundations. He commits to using his business to make the world a better place.
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