Every business is a unique and personal set of moving parts, shifting complexities and perpetual change. At PwC, we have a holistic approach that considers your needs as an owner and a business leader- the Owner’s agenda. PwC professionals from across EMEA are dedicated to partnering with you in reimagining your business strategy, navigating complexity and unlocking value.
Performance under pressure:
While private businesses in Europe, Middle East and Africa have seen a major impact due to the COVID-19 pandemic, agility is paying off in improved performance.
Focusing on resilience is as important as ever. The current operational and financial challenges that private companies are facing make this pandemic an agility stress test for their business models. Leaders whose companies have been able to combine flexibility with a focus on people, technology and their customers, “agility champions”, report better profitability and expect stronger performance in the future.
Agility champions have had to make tough choices regarding workforce and cost reduction. However, they are also leading the way when it comes to sustaining their business during a crisis and laying the foundation to emerge stronger from it.
What sets “agility champions” apart?
Our definition of agility is based on a holistic approach; “agility champions” are customer-focused, people-driven, tech-enabled, and flexible.
These companies are making future-focused decisions, enabled by strong leadership and a robust company culture, to enhance their resilience. That helps them when it comes time to cope with external shocks and provides a strong foundation for future success.
Read the full report at https://www.pwc.com/gx/en/services/entrepreneurial-private-business/emea-private-business.html.