IT Leadership Tech News

10 Key Takeaways From KPMG’s Annual CEO Outlook Survey

10 Key Takeaways from KPMG’s annual CEO Outlook Survey report for India - Agile or irrelevant
  1. CEOs in India have to understand and cope with an increasingly unpredictable and fast-changing array of risks. The top three threats to their organisation’s growth for a second year in a row.

climate change (23%)

return to territorialism (17%)

emerging/disruptive technology risk (17%)

 

  1. In 2018, only 31 per cent CEOs in India believed they were actively disrupting the sectors that they operated in, instead of waiting to be disrupted by competitors. This has more than doubled in 2019, showcasing the importance of being dynamic at any given point of time.

 

  1. 67% CEOs in India agree that acting with agility is the new currency of business.

 

  1. 85% CEOs in India are actively transforming their leadership team to strengthen their resilience.

 

  1. 77% CEOs in India are working to ensure a strong connection between the front, middle and back offices in a way that their predecessors did not.

 

  1. Only 47% CEOs in India are concerned about migrating all their business data to the cloud, as against 61% CEOs globally.

 

  1. 51% CEOs are already planning to upskill more than half of their existing workforce with new digital capabilities (such as advanced data visualisation and ability to code) over the next three years.

 

  1. CEOs globally as well as in India, continue to believe that AI or robotic processes will create more jobs than eliminate, over the next three years

 

  1. 92% CEOs in India expect significant return on investment (ROI) from their firm’s overall digital transformation programme within the next three years, in line with views expressed by CEOs globally (92%)

 

  1. 69% CEOs in India with organisations ‘well prepared’ for a future cyberattack as compared to 36% of them in 2018.

 

Leave a Comment

Your email address will not be published.

You may also like