Almost half (48%) of executives say their current business transformations aren’t working. Despite businesses moving from a focus on resilience during COVID to a new perspective of “regenerative”, currently only 51% of businesses effectively operate in this way, found a recent report by global consultancy Kearney. Kearney’s new research report Regenerate: For a future that works for everyone surveyed 800 C-suite business leaders from across the globe (including 159 in the APAC region) and found that 99% of regional business leaders thought that becoming a regenerative business was important. Additionally, more than half (51%) of APAC leaders reported that their companies were already operating regeneratively effectively. While this is higher than the global average (44%), there is still room for improvement, and more guidance is needed on this new business paradigm. So what is regenerative? Embedding new digital models and advanced analytics, while making supply chains and people models sustainable for business and society is now mission critical. Businesses that wish to fulfill these commitments will require a long-term approach of becoming truly ‘regenerative’. This means looking beyond resilience and proactively asking where value can be added back into society and the wider world. Instead of optimising for efficiency, […]
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