Digital Technologies: The Key to Business Recovery

Senior executives worldwide face a starkly different economic climate entering Q4 of 2020 than they and their teams originally anticipated. The personal toll of the COVID-19 pandemic has been tragic, and its economic impact far-reaching. Global executives are presently working through what recovery will look like, determining how to evolve their organisations to meet newly urgent strategic priorities, such as supporting the health and safety of their employees, even as they remain focused on the fundamentals, such as a return to serving customers as robustly as they did pre-pandemic.

In this report, a survey polling 552 senior executives in 11 countries (Australia, China, India, Japan, Singapore, Brazil, Mexico, the United States, France, Germany and the United Kingdom) conducted in June and July 2020 provides an analysis of the key findings, which revealed a clear area of agreement: 88% of senior executives in these functions  agree that the pandemic will forever change how businesses operate. Additionally, the Australian Spotlight of the survey shows an overwhelming 90% of Australian executives say the pandemic has impacted all aspects of their organisation, from supply to chain to personnel. 96% of respondents agree that organisational agility is the only way to get through it.
So how are they becoming more flexible? According to the report, tackling costs – bringing more control and visibility into spending – is critical to making the smart, fast decisions it takes to stay nimble.

Download the combined Global & Australian reports to get the full picture. You’ll see the strategic priorities executives are emphasising and understand their concerns about their readiness to meet those priorities – key insights you can use to assess your own organisation and take action to stay ahead.