In a dynamic time of change like today, our C-suite barometer is all the more useful as an instrument to glean an in-depth understanding of business leaders’ views on various topics, their main concerns, and the motivating factors behind their decisions. The valuable insights embodied in the annual survey - now into its fifth year - will bring our clients closer to understanding the implications of major trends for C-suite executives in Asia Pacific (APAC). The findings may also help them devise effective strategies, make informed decisions, capture new opportunities and grow their business.
Our research highlights:
- Optimism on the up in Asia Pacific: Looking ahead, the vast majority of APAC leaders (91%) expect growth, a notable improvement from the 81% recorded last year.
- Topping the C-suite agenda: Transforming company IT is the top strategic priority globally and in Asia Pacific, alongside reviewing supply chains and talent attraction.
- Transformation in a high-tech world: The emergence of new technology is a top-three trend affecting APAC organisations and AI has high penetration.
- Expansion with limits: In APAC it remains a low priority in both absolute and relative terms, ranking 12th among 12 strategic priorities.
- The new ‘laws’ of talent attraction: More than half of leaders in Asia-Pacific (57%) report difficulty in hiring talented people, higher than the 44% who say the same globally.
- Stronger commitment to sustainability: Nearly three-quarters of respondents in APAC (73%) say they are prepared for new ESG reporting regulations, same as the global average (73%).
Conducted in Q4 of 2023, the Forvis Mazars APAC C-suite barometer is based on insight from more than 140 executives from 5 countries in the Asia Pacific region to understand the opportunities and challenges they are facing.
Download the report
We are pleased to announce the release of our 2024 Asia Pacific C-suite Barometer Report, which offers comprehensive global and regional insights from CEOs worldwide. In light of the ever-evolving business landscape, this report delves into their top strategic priorities, highlights the challenges, and focuses on the opportunities that businesses across various regions face. It provides valuable perspectives crucial for informed decision-making and serves as an essential resource for understanding our global dynamic business environment.
Christopher Cicutto
Partner - Melbourne, Forvis Mazars in Australia
Published: 28/10/2024
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