Disrupt and Grow is highlight of KPMG’s first Saudi Arabia Chief Executives Outlook Survey

Riyadh, Saudi Arabia KPMG in Saudi Arabia has issued the results of its first KPMG Saudi Arabia CEO Outlook Survey, which offers insights into the opportunities and challenges faced by chief executives in the Kingdom.

The report highlights the strategic priorities of CEOs as they run their organizations through a period of uncertainty and opportunity. The report also offers rich insights into how CEOs are responding to challenges and benefiting from opportunities by equipping their organizations to meet these challenges and also by upskilling themselves.

“The First KPMG’s 2017 Saudi Arabia CEO Outlook delves into how today’s CEOs are facing a need to transform their existing business models,” commented Abdullah H. Alfozan, Chairman of KPMG MESA and KPMG in Saudi Arabia. “CEOs are concerned that their organizations are not disrupting business models in the industry. Yet, 83 percent of the chief executives are optimistic about transforming their company over the next three years”.

He went on to say, “In today’s world, CEOs are aiming to ‘disrupt and grow’ and are also taking steps for their organizations to be disruptors in their respective sectors, instead of being disrupted by competitors. In addition, 95 percent of the chief executives view technological disruption as a major opportunity and are planning to invest in emerging technologies, such as blockchain, IoT and data analytics over the next three years.”

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