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Some 40% of CEOs and executives worldwide believe that the majority of their employees will telecommute at least two days a week in the next three years.
So says KPMG’s latest CEO Outlook 2021 report. The study takes the pulse of the business sector after a year and a half of pandemic, highlighting this shift towards building a more flexible work environment and confidence in an early economic recovery.
The data show that 42% plan to hire professionals to work mainly remotely. As for holding meetings of their management teams virtually, 54% of executives are in favor of this. In addition, 21% plan to reduce or have already reduced their office space,
Executives’ digital transformation objectives show that around 60% will allocate more funds to technology than to training (40%). Despite the figures, the gap is smaller compared to 2020, when the percentages were 67% and 33%, respectively.
Beyond telework, the report shows a rebound in the confidence of the business sector, which despite the delta variant of SARS-CoV-2 views the next three years with optimism. Sixty-two percent of CEOs anticipate that the global economy will improve. This is two percentage points higher than the global figure (60%) and double the figures of a year ago.
The hope placed in economic growth encourages 90% of CEOs to believe that their companies will grow in the next three years and that, as a result of this process, they plan to increase their workforces: 86% (88% globally) plan to hire more staff between 2021 and 2024, and 36% of them say that the increase will be more than 6%.
Mergers and acquisitions are seen as a solution to capitalize on growth opportunities. Globally, 87% of CEOs will seek to close M&A deals in the next three years. In addition, only 38% will opt for organic growth, focusing on R&D and innovation. In contrast, 62% will prioritize strategic alliances (26%), joint ventures (10%) and outsourcing (2%).
Source: KPMG, Cinco Días, Nubeprint
Executives’ digital transformation objectives show that around 60% will allocate more funds to technology than to training (40%). Despite the figures, the gap is smaller compared to 2020, when the percentages were 67% and 33%, respectively.
Beyond telework, the report shows a rebound in the confidence of the business sector, which despite the delta variant of SARS-CoV-2 views the next three years with optimism. Sixty-two percent of CEOs anticipate that the global economy will improve. This is two percentage points higher than the global figure (60%) and double the figures of a year ago.
The hope placed in economic growth encourages 90% of CEOs to believe that their companies will grow in the next three years and that, as a result of this process, they plan to increase their workforces: 86% (88% globally) plan to hire more staff between 2021 and 2024, and 36% of them say that the increase will be more than 6%.
Mergers and acquisitions are seen as a solution to capitalize on growth opportunities. Globally, 87% of CEOs will seek to close M&A deals in the next three years. In addition, only 38% will opt for organic growth, focusing on R&D and innovation. In contrast, 62% will prioritize strategic alliances (26%), joint ventures (10%) and outsourcing (2%).
Source: KPMG, Cinco Días, Nubeprint
The hope placed in economic growth encourages 90% of CEOs to believe that their companies will grow in the next three years and that, as a result of this process, they plan to increase their workforces: 86% (88% globally) plan to hire more staff between 2021 and 2024, and 36% of them say that the increase will be more than 6%.
Mergers and acquisitions are seen as a solution to capitalize on growth opportunities. Globally, 87% of CEOs will seek to close M&A deals in the next three years. In addition, only 38% will opt for organic growth, focusing on R&D and innovation. In contrast, 62% will prioritize strategic alliances (26%), joint ventures (10%) and outsourcing (2%).
Source: KPMG, Cinco Días, Nubeprint
Source: KPMG, Cinco Días, Nubeprint