Asia Pacific's Time: Responding to the new reality

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Asia Pacific's Time

Asia Pacific is evolving rapidly

Businesses in the region must reshape uncertainty into opportunity, complexity into clarity, problems into potential. Our latest report sets out five aligned and mutually reinforcing success factors that help businesses rebuild trust, create value and deliver sustained outcomes in today’s landscape.

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Supply chain

Disruption has prompted businesses to reevaluate their sourcing strategies. Leaders in Asia Pacific must shift their focus from cost and efficiency to resilience and trust when transforming their regional supply chain.

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Regional enterprise growth

Opportunities for value creation are abundant in Asia Pacific. To scale in the region, dealmakers must take a strategic ‘capabilities-driven’ approach to acquisitions.

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Digital economy

Digitalisation is crucial to respond to the new reality. Businesses must embrace digitalisation to drive insights, reduce cybersecurity and data privacy risk and stay relevant in an increasingly complex environment.

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Employees in Asia Pacific value meaning and authenticity and 90% of the workforce prefer to work remotely or hybrid. To build trust and respond to the changing dynamics of their workforce, business leaders must rethink upskilling, embrace flexibility and delivery on purpose-driven work.

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Environmental, Social and Governance (ESG)

ESG is no longer a ‘nice-to-have’ for businesses in Asia Pacific. Leaders must move from good intention to value creation - accelerating progression of ESG priorities to differentiate in the market for capital and talent.

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Advancing together, now

Rarely in history have business leaders had to deal with this many challenges, each coinciding and uniquely complex. And never have leaders had to respond to them all at once. We face a new reality, and a complicated road ahead with twists and turns that underscore the need to come together. Businesses must transform to drive competitiveness and prosperity, and lead Asia Pacific to a future as the world’s most resilient and sustainable economic powerhouse.

It’s Asia Pacific’s Time to respond to the new reality.

We must act now!

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Asia Pacific’s Time (published in 2020)

Discover the previous report

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Dinh Thi Quynh Van

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Mai Viet Hung Tran

General Director, PwC Vietnam

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Nguyen Thanh Trung

Partner, Tax Services Leader, PwC Vietnam

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Johnathan Ooi Siew Loke

Partner, Deals and Consulting Services Leader, PwC Vietnam

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