According to a report published by PWC, Middle East CEO’s are optimistic about the region’s economic growth prospects, with two thirds of business leaders expecting improvements this year despite global challenges.
We have pulled together key takeaways on how CEO’s in the region plan to future proof their organisations.
Digitalisation & global talent Investment
Technology, Artificial Intelligence and automation will play a much larger role in operations according to 4/5 regional leaders. While attracting and retaining key talent still remains a key focus for them as they look to invest in re-skilling their workforce.
Transforming businesses to ensure long-term viability
As the middle east CEO’s prepare to strengthen and transfer their businesses, they continue to move ahead with Merger’s & Acquisitions, building efficiencies and resilience around supply chains and seeking to reduce operating costs while pushing through price increases.
Taking action to mitigate climate risk
As Government & the private-sector deepen their commitments to tackling climate change, many CEO’s are actively taking steps to mitigate climate risk or introducing new processes to lower their carbon footprint and emissions.
With Global volatility and concerns about long term viability, Middle East regional leaders will have to balance their confident growth prospectives as well as challenges of transforming their businesses to remain ahead of the curve.
If you are looking for insight and support navigating the global complexities in the months to come, send us an email on [email protected]
