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According to the PwC Workforce Hopes and Fears Survey 2023 Chinese Mainland Report - Is the workforce ready for reinvention?, 46% of employees in the Chinese mainland believe that the companies they work for will not survive more than a decade if they continue on their current path. As uncertain variables continue to accumulate, the old map is no longer able to guide companies to discover new horizons, and companies must reinvent and transform themselves. Unlike in the past, the responsibility of this transformation rests more heavily on the companies than on the employees. Therefore, it’s imperative for companies to regain employees’ confidence through a series of key initiatives and walk the journey of transformation together with them.
Companies can seize the opportunity to reinvent the readiness of organisations and talents, stimulate innovation, enhance corporate competitiveness, thereby achieving business outcomes, and paving the way for new growth trajectories.