The Brief

“When you think about purpose and having impact, it’s got to be tied to your core skill set as an organisation”

Kwasi Mitchell Chief Purpose Officer Deloitte US

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“A CTO who reports directly to the CEO can ensure the transformation vision is properly disseminated throughout the organisation and ultimately deliver above expectations”

Greg Douglass Global Technology Strategy & Advisory lead Accenture

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“Reskilling efforts need to be versatile and personalised to each employee’s background and current experience – it’s not a one-size-fits-all approach”

Suneet Dua Products & Technology Chief Growth Officer PwC

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BY THE NUMBERS

Senior business decision-makers expect the unprecedented supply chain disruptions that US firms have been grappling with for years are not over yet. Three supply chain disruptions business leaders in the US can expect in 2023.

REDUCED AVAILABILITY OF RAW MATERIALS SLOWDOWN IN CONSTRUCTION OF NEW HOMES DISRUPTION TO PUBLIC TRANSPORT DUE TO LACK OF DRIVERS

50% 44% 44%

Editor’s Choice

Interview: Deloitte Digital’s Chief Commercial Officer in the US Dounia Senawi, Chief Commercial Officer at Deloitte Digital US talks creative problem solving, flexible working and advocating for women in tech.

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UAE cyber leaders – back to basics to prepare for the future HE Dr Mohamed Al-Kuwaiti, Head of Cyber Security, UAE Government and Dr Aloysius Cheang, Chief Security Officer Huawei UAE, on the future of cybersecurity

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Develop a powerful Perspective Statement, be intentional CEOs and senior leaders must develop a powerful Perspective Statement and communicate that intentionally with their teams to build alignment and boost engagement, argues Sharath Jeevan OBE, expert on Intrinsic Leadership & Motivation

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Executive education rising – Asia-Pacific

Business schools in Asia are rising in the Executive MBA stakes, according to the 2022 FT EMBA ranking.

Three programs based in the region took the top spots, with Kellogg-HKUST in Hong Kong (one of the fastest-growing universities in the world) taking the crown. CEIBS in Shanghai, and the Tsinghua-INSEAD EMBA spanning China and Singapore followed.

A further four schools in the top tier of 11 have bases in Hong Kong, China, or Singapore – Chicago Booth; Washington University: Olin, Trium’s New York University; and UCLA Anderson with NUS.

The ranking highlights the continued strong performance by schools in the region with global partnerships and is in line with the latest research from GMAC, with APAC schools reporting the largest year-on-year increase in favourable ratings globally. Among graduates in 2022, 91% report being employed at the time of graduation, compared to 78% in 2021, and one percentage point higher than European graduates.  PURPOSE KEY

FOR EMPLOYEES

A Deloitte survey reveals 62% of employees consider an organisation’s purpose before deciding to join, with over a third saying a company’s purpose is as important as salary and benefits.

 M&A APPETITE

OUTLOOK HIGH

Over the next three years, M&A appetite will remain high despite a likely recession, according to KPMG’s 2022 CEO Outlook. Nearly half (47%) of CEOs report a high appetite; 38% have a moderate appetite.

 META’S

METAVERSE VISION

In the first nine months of 2022, Meta’s Reality Labs Division (all things metaverse) lost US$9.4bn with its operating losses expected to “grow significantly” in 2023 and total expenses expected to grow 13-16%.

 CX TEAM

DISINTEGRATION

According to Forrester, the estimated 80% of organisations for which great CX is not part of their brand identity will finally demand proof that spending on CX is needed. Some of these firms will dissolve CX teams that can’t show the right numbers, with one in five CX programs expected to fold.