A few years ago, no one could have imagined how much the world would change. In Indonesia, we see unprecedented social, economic, and geopolitical disruption, especially with the COVID-19 pandemic continuing to wreak havoc globally. The past year has highlighted the challenge of crisis management is not about predicting the future but dealing with the unpredictable in the most efficient and effective ways.
Consequently, it is more important than ever to respond to the most ever-changing disruptive times like nowadays. Resilience, innovation, and commitment are proven to be underpinning factors to keep striving no matter what comes next. At PwC, we are uniquely positioned to provide the right combination of capabilities.
At PwC, we’ve thought about how we can best help clients meet new challenges in new ways. After analysing the forces facing the world and speaking with thousands of clients and stakeholders, we identified two fundamental and interconnected needs facing organisations of all kinds; the need to build trust and deliver sustained outcomes.
Firstly, organisations increasingly need to earn trust across a wide range of topics that are important to their stakeholders. Success depends on fundamental shifts in the way executives think, organisational culture, systems and ambition. Secondly, businesses need to change faster and more thoroughly to attract capital, talent and customers. Too often, however, narrowly conceived transformation initiatives do not deliver the outcomes they promise. A new approach is needed.
This is what we call The New Equation.
By bringing together multidisciplinary teams, powered by technology and drawing on deep specialist expertise – from ESG and audit to value creation and tax transformation – we can help clients meet the expectations of their shareholders, stakeholders and society.
Our approach is designed to meet rising expectations of transparency and stakeholder engagement. It combines expertise in audit, tax and compliance activity with an expansion of specialist capabilities including cyber security, data privacy, ESG and AI. It recognises that reporting and compliance are just one link in a chain that includes organisational culture, executive mindset, aligned standards, certified professionals, stringent controls, tailored technologies, and appropriate governance.
As a firm, we are committed to build trust in society and solve important problems. Committed to always thriving and equipping ourselves, we are here to help clients with the challenges they are facing by combining human ingenuity with technology to deliver sustained outcomes whilst building trust across the value chain.
Thus, our commitment to quality remains constant. I am certain that we will continue bringing the best of our people and serving the best interests of our clients. We’re excited about the future and what we can achieve together - working with clients and stakeholders to build trust and deliver sustained outcomes.
You can find out more about The New Equation here.