How can China's CEOs turn disruption into value and attract as well as retain the right talent to drive business growth? What do businesses in China need in order to thrive in the "new normal"?
Based on responses from China's CEOs to the 18th Annual Global CEO Survey, PwC has developed a summary report which explores some of the challenges CEOs face under the "new normal" and business plans aimed at countering global disruptive trends. This summary report also provides recommendations on how business leaders in China can respond effectively to disruptions and deliver value as the government continues with economic reforms.
As China's government lowers the economic growth target to "approximately" 7%, CEOs need to seize available opportunities and bring their most original ideas to the table. Only the most innovative and agile businesses will thrive. Key findings from the China summary report will be invaluable in guiding your clients' future business strategy.
Key findings from the China summary report
1. Confidence slows amidst China’s “new normal” era
2. Skills shortages, limited access to affordable capital sap confidence
3. Increasing competition, changing customer behaviours most likely to be disruptive
4. CEOs position business for future growth with partnership plans
5. China’s CEOs are planning more joint ventures and alliances
6. China’s CEOs less sure than global peers about driving value from digital
7. China's CEOs say tax and skills should be top of the government’s agenda
8. Right mix of talent is critical to drive innovation
Please click here for the China summary report
Mar 26, 2015