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Our survey suggests that the vast majority of CEOs in the region are already taking some steps toward reinvention. Yet they are still not confident that their companies would survive more than a decade on their current path.
The report sets out six practical steps CEOs can take to rebalance for growth.
Our latest survey of 19,500 workers across Asia Pacific reveals six key factors underpinning the workforce's reinvention-readiness.
Asia Pacific is evolving rapidly. Businesses in the region must reshape uncertainty into opportunity, complexity into clarity, problems into potential.
For many years Asia Pacific has benefited from a strong set of regional fundamentals. It has shown great resilience in the face of past challenges, and its burgeoning economy has lifted fortunes across the region.
Now, we are facing a new reality, and a complicated road ahead with twists and turns that underscore the need to come together.
Rarely in history have business leaders had to deal with this many challenges, each coinciding and uniquely complex. And never have leaders had to respond to them all at once. It is now incumbent upon businesses in Asia Pacific to be much more deliberate and proactive in decision making, and more strategic in planning — to drive equitable growth and enhance regional competitiveness and resilience.
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“The world, including Asia Pacific, has changed and will continue to do so. As leaders, we must act quickly to build trust with our stakeholders, create value, enhance competitiveness and deliver sustained outcomes. This requires a transformative and multinodal mindset grounded in collaboration. It’s imperative that we must all come together and act now for the new reality in the region.”
Raymund Chao, Chairman of PwC Asia Pacific and PwC ChinaThis exclusive blog series is a collection of opinions and insights from our people across the region, bringing you different perspectives on hot topics that matter to you and your business.
Raymund Chao
PwC Asia Pacific and China Chairman, PwC China
Eddy Rintis
PwC Asia Pacific Vice Chairman ; Indonesia Territory Senior Partner, Jakarta, PwC Indonesia
+62 21 509 92901
PwC Asia Pacific Vice Chairman ; Japan Group Chairman, PwC Japan
Soo Hoo Khoon Yean
PwC Asia Pacific Vice Chairman, Malaysia/Vietnam Territory Senior Partner, PwC Malaysia
+60 (3) 2173 0762
Roderick Danao
PwC Asia Pacific Vice Chairman, Philippines Chairman, PwC Philippines
Marcus Lam
PwC Asia Pacific Vice Chairman, Singapore Chairman, PwC Singapore
Joseph Chou
PwC Asia Pacific Vice Chairman ; Taiwan Chairman & Chief Executive Officer, Taipei, PwC Taiwan
+886 2 27296666, x26693
Mai Viet Hung Tran
Pisit Thangtanagul
Hoonsoo Yoon
Damon Hickey
Pauline Ho
Daniel Li
Vishy Narayanan
Nobuaki Otake
PwC Asia Pacific Consulting Leader, PwC Consulting LLC
Debra Wong
PwC Asia Pacific Risk & Quality, PwC Hong Kong
Chris Woo