Vision X – Global Reach (VX- GR): 2002 – 2007
As the success of the GAC Group continued, a major strategic planning exercise was undertaken in 2002. Concurrently, the administration office in Athens was re-located to Jebel Ali in the United Arab Emirates. A new, purpose built corporate head office was commissioned which was to house the group's senior management and support functions.
2002 was the year that GAC was awarded a global partnership for shipping agency services with US oil giant Chevron Texaco, which was to form the basis of the "global reach" thinking underpinning the next strategic planning phase. A formal strategic planning process was undertaken at all levels of the Group to collect information to develop the strategy for the ensuing five years.
The Vision X – Global Reach strategic plan came into action on 1 Jan 2003, and would serve as the strategic plan to direct the efforts of the Group for the coming five years.
To support this exciting new era for the Group, a new organisation structure was introduced to support the three core business areas and four distinct geographical regions.