A striking 76% of CEOs say they’ve recently taken action in reinventing their business models as they face continuous disruptive megatrends, like extreme weather, geopolitical conflict and novel tech. C-suite leaders need to have a clear-eyed view of how their company is doing in five key areas which are imperative to business transformation. Scroll through to see these areas and click on the link to read more: https://pwc.to/4ac3KGc #Megatrends #CEOSurvey #Reinvention
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If there's one certainty in all this uncertainty, it's that merger and acquisition (M&A) activity will bounce back. There’s an uptick in activity among sellers, with sale preparations mounting, full-potential business plans being developed and many vendor due diligence engagements already underway. While somewhat anecdotal, this activity bodes well for buyers, too, as more quality assets are expected to come to market in the next six months. Learn about the current dealmaking imperatives and what dealmakers can do to prepare in our mid-year outlook: https://pwc.to/4enzPxD #PwCDeals #IndustryTrends
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PwC reposted this
Countries need to act to double the rate of energy efficiency improvement globally in order to meet their climate goals and maintain competitiveness in a transitioning world. One way in which this can be achieved is through policy change. Business leaders are leaning into this challenge, and have set out their proposals in the Nairobi Business Leaders’ Action Plan at the International Energy Agency’s (IEA) 9th Annual Global Energy Efficiency Conference. Explore the five policy recommendations to act on energy efficiency to meet global climate goals, outlined by our Energy Transition Partner, PwC UK, Rob Turner and Ramya Krishnaswamy, Head, Institutional Communities and ESG Initiative; Executive Committee Member, World Economic Forum: https://pwc.to/4dnJRxg
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Our 27th Annual Global CEO Survey shows many organisations are facing an undeniable reinvention imperative, with technology standing out as the strongest reinvention force. It’s safe to say that this is at least in part due to the arrival of generative AI. This technology is poised to completely transform the nature of work and provide a fast track for new, AI-native organisations to disrupt existing markets. Explore how these dynamics could unfold in various industries, and how organisations can plot their generative AI path: https://pwc.to/3RlCFcA #GenAI #Reinvention
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PwC reposted this
Our survey of 4,700 CEOs found that companies taking more action on climate-related opportunities and risks also have better financial performance. However, despite recognising the seriousness of the climate crisis and its potential for creating value, many CEOs often struggle to determine how their companies can create value by acting on business opportunities and risks stemming from climate change. Our Global Sustainability Markets Leader, Renate de Lange, and Global Sustainability Leader, Will Jackson-Moore, delve deeper into the survey data, which suggests that climate-friendly investments needn’t come at an extra cost: https://pwc.to/3YtOwJV #ClimateAction #Sustainability
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As the entertainment and media (E&M) industry grows to US$3.4 trillion by 2028, large new revenue pools are forming. The key to taking a share of these growing revenue pools will rely on business model reinvention (BMR), which has evolved from a strategic option into an existential imperative. Swipe through the four major areas for opportunity, then explore how to seize growth opportunities in the global E&M industry in our report: https://pwc.to/3KWPW7L #PwCOutlook #Entertainment #Media
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👁️ CEOs take note: more than 70% of surveyed employees who have used GenAI in the past year agree that it will enable them to learn new skills, be more creative and improve the quality of their work—an expectation that rises among those who use it daily. Companies must evaluate their GenAI adoption and skilling plans if they wish to retain high-quality talent in the midst of their transformation journey. Learn more about what’s on the mind of 56,600 workers across 50 countries and regions in our Global Workforce Hopes and Fears Survey 2024: https://pwc.to/4c9gwWP #HopesAndFears
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PwC reposted this
🌍 The EU's Corporate Sustainability Reporting Directive (CSRD) requires extensive and detailed disclosures about how sustainability issues affect a company’s business, as well as the impact of its activities on society and the environment. The CSRD is estimated to apply to some 50,000 businesses that are listed in the European Union or have significant operations there, regardless of where they’re based. Watch as Kevin O'Connell, Trust Solutions Sustainability Leader and PwC US Partner, talks about how new regulations are massively transforming sustainability reporting across the EU and US too, then explore how to rethink your business with the CSRD to grow trust, value and performance: https://pwc.to/3z6PktR #CSRD #Reporting #Sustainability
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🏆 We're honoured to have been named a Leader in the IDC MarketScape Worldwide Cloud Professional Services 2024: 'PwC's approach to cloud is about solving business problems in a way that they are supported and enabled by technology, but not driven by technology alone.’ Read the full report: https://pwc.to/3zVQ5WX #IDCMarketScape #ProfessionalServices #Cloud
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Generative AI (GenAI) can be compared to the advent of electricity at the end of the 19th century. It stands to reshape industries, enhance productivity, and forge new paradigms of innovation and human–machine collaboration. Though we’re still in the early days of development, the lightning speed at which GenAI is evolving and integrating into our societal and business fabric suggests we’re about to experience change at a pace never before witnessed. Our latest digital issue of strategy+business shares insights on how to channel GenAI’s reinvention potential: https://lnkd.in/ehnz2VVv #GenAI #Reinvention