MGA GROUPE BE
THE COMPANY
At the beginning, MGA GROUPE BE started as brokerage house and was involved initially in facilitating deals bringing together buyers and sellers of Oil Products. Our involvement in business deals and our determination to achieve our objectives quickly became our strength allowing us to establish the bridge of trust between Western, Asian and African Oil Markets. Involved for over a decade in the negotiations on the lease or sale of mining concessions and Oil Blocks in few Africans Countries, negotiating production sharing contract between States and private companies in oil production, the idea of working on our own appeared as an evidence. By their respective experiences, Our Team has expanded his position to implement global strategy as responsible partners of Oil platforms, products and applications.
MGA GROUPE BE provide full services to clients worldwide. Thanks to our international network of clients and established strategic alliances, we have been able to structure a vast network of resources that has enabled us to penetrate important international markets for our products and services. We attribute our success to our business philosophy of Cooperation vs. Competition, Consultation vs. Confrontation, and a total commitment to our clients and partner’s success. Our goal is to provide services and values to our clients cost effectively and with the highest level of professionalism.
To ascertain the effectiveness of each department, we place great importance on the management of costs and performance.
By analyzing the difference between the objective and actual performance, we can identify issues causing the gap, organize improvement measures and achieve the goals of cost control and financial performance.
The key lies in the unit cost analysis, whereby each element in product cost is deeply analyzed and cost objectives established.
Improvement is achieved by finding solutions to the difference between actual costs and objective costs.
Once an improvement is implemented, a new objective cost is set, leading to the most rational cost structure possible.
THE MANAGMENT BY OBJECTIVE
OUR ACTIVITIES COVER:
- Promotion of Oil reserves - Technical assistance and
consultancy services to Governments - Finance
- Investments - Tradings.
THE INDIVIDUAL
PERFORMANCE
REWARD SYSTEM
To rationalize rewards for employees' efforts and to make them feel that they are integral to the Company's success, we implement an Individual Performance Reward System for all levels of employees.
Bonuses are given as a reward to an employee’ in proportion to performance.
At the same time, performance is also used as a factor in each employee's annual evaluation.
This system is designed to promote employees' work quality and production efficiency.
To achieve continual development and growth, the Group has diversified into many businesses.
In addition to efforts in research and development for providing products at reasonable prices, all facets of management activities such as procurement, production, sales, engineering, personnel, finance, performance evaluation, and management have been computerized.
We realize that only a sound management system can provide a company with a firm foundation for long-term growth.
MGA GROUPE BE
Involved for over a decade in different Business and operations, Our Team has expanded his position to implement global strategy as responsible partners for multiple operations all over the world. A diverse knowledge base at the management level enables MGA GROUPE to concentrate on a variety of business fields and year after year, improve our Quality Service to meet our Commitment to Our International Prestigious Clients.
MGA GROUPE BE consists of a number of core businesses that complement one another, but, are separately managed. This provides maximum flexibility and potential, enabling the operating divisions to seize their own opportunities yet work together on major projects.
The Division system
To prevent the growth of the Company from hampering the efficiency of operations, the Group realized the division system to correspond to the principles of producing and marketing unification, as well as responsible operation. The Group is composed of several divisions, with the purpose of arranging its own sales and production operations and set its own targets according to the needs of its organization, manufacturing processes, and product lines. In addition, the profit center concept is implemented throughout. Each center is grouped by product, with independent profit and loss statements. Through comparative analysis of financial reports, costs and revenues, areas for improvement can be easily identified for further operational rationalization.