78% of regional executives confident in tackling disruption forces: AlixPartners Survey reveals

78% of regional executives confident in tackling disruption forces: AlixPartners Survey reveals

United Arab Emirates: A majority of executives in the United Arab Emirates and Kingdom of Saudi Arabia (78%) are confident in their company’s ability to withstand disruptive forces. Despite this, more than three quarters (71%) believe the frequency of disruptive forces will continue at the same pace or even increase over the next two to three years. This is according to the AlixPartners 2022 Middle East Disruption Index that surveyed CEOs and executive leaders in the UAE and KSA to examine their top business concerns and the impact of disruption on their organizations.

Over 70% of executives stated their company was extremely effective in responding to disruptive forces in new or evolving competition or business models, regulation, policy or geopolitics, data and security, and environmental and social concerns.

“Governments in the region, particularly UAE and KSA, are at the forefront of innovation, and exhibit pace, agility, foresight, and an action-oriented approach to navigate the challenges ahead. This lead-by-example model at the highest level sends a clear and encouraging message to businesses in the region to constantly pre-empt, adapt and even become the disruptors in their respective industries and sectors,” said Simon Freakley, CEO, AlixPartners.

The survey highlighted how nearly 3 in 4 executives