Global Business Dynamics Trends

Delivery

This report comes in PPT.

Key findings

Tight labour market requires proactive business strategies

Given the ongoing tightness in the global labourmarket, companies are actively executing strategic talent acquisition and retention plans. To counter the scarcity of skilled workers on a global scale, businesses are directing investments towards internal talent development programmes. By providing opportunities for upskilling and reskilling, companies ensure their workforce possesses the necessary skills to meet evolving job demands.

R&D investments gain momentum amid global challenges

In the face of prevalent global challenges governments and companies are continuing their investments in research and development (R&D). This shift reflects a commitment to addressing complex issues, fostering innovation and developing solutions that strengthen resilience in the increasingly unpredictable and competitive global environment.

Artificial intelligence starts to integrate into the business process

In the contemporary business landscape, organisationsglobally are actively integrating artificial intelligence (AI) to optimisevarious business processes. AI technologies, ranging from machine learning algorithms to natural language processing, are being leveraged to streamline workflows, automate routine tasks and enhance overall operational efficiency.

Asia is making strides in innovation and digitalisation

Across various sectors, Asia has witnessed a substantial increase in digitalisation rankings. Having one of the largest online retailing markets and a vibrant digitalised population, Asian governments are making efforts to further improve the digital landscapes of their countries. Moreover, Asia leads in patent filings, with an annual growth of new patents granted continuously exceeding that of other regions.