By Crystal Hsu / Staff reporter
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Asia-Pacific chief financial officers (CFOs) remain confident about their companies’ prospects despite mounting global risks, with businesses turning to resilience investments, digital transformation and artificial intelligence (AI) to weather a more volatile environment, a survey released on Tuesday by Deloitte Taiwan showed. The survey showed that CFOs are much more optimistic about their own companies than for the global economy, suggesting that executives believe their organizations are better equipped than the broader economy in the event of external shocks. “The divergence reflects companies’ growing ability to adapt to an increasingly uncertain environment,” Deloitte Taiwan said at a forum in Taipei. “Finance leaders are shifting their focus from managing short-term disruptions to building long-term resilience.”
Branding for Deloitte is pictured on a sign at the Farnborough International Airshow in Farnborough, England, on July 23.
Companies are prioritizing investments in existing markets, expanding customer bases and improving operational efficiency, Deloitte Taiwan technology and transformation practice executive Mike Chang (張益紳) said. Instead of reacting to short-term disruptions, businesses are strengthening finance capabilities, improving cash-flow management, building supply-chain resilience and accelerating digital transformation to create long-term competitive advantages, he said.
