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Indian CXOs More Resilient Compared To Global Peers: Deloitte Report

Indian CXOs More Resilient Compared To Global Peers: Deloitte Report

 

Indian CXOs (77 per cent) appear relatively confident about their organisation’s ability to adapt, and their own ability to lead through uncertain times as compared to global peers. In the wake of a tumultuous 2020, CXOs also believe disruption is here to stay, according to Deloitte’s 2021 Global Resilience Report. In fact, 70 per cent of the CXOs surveyed in India, do not see 2020 as a rare event and believe they are likely to see occasional, or regular, disruptions of this scale going forward, as compared to 62 per cent globally.

 

Worsening climate events have given Indian CXOs enough cause to anticipate regular disruptions. They also have a higher propensity to believe that climate change is a crisis of greater magnitude (51 per cent) than COVID-19, as compared to global peers (44 per cent).

 

“The year 2020 has propelled organisations in India, and the rest of the world, to think creatively given the disruptive environment. Our research reveals that resilient organisations; with flexible, adaptable, long-term, innovative mindsets that cultivate resilient cultures, are better positioned to overcome disruptions and help usher in a “better normal” post pandemic”, said Joydeep Datta Gupta, Partner, Deloitte Touche Tohmatsu India LLP. “It shows that acting early, and being prepared, matters and offers proven lessons for increasing organisational success”, he added.

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