“ While the US has led a relative rebound in M & A this year , the tailwind for APAC is yet to arrive , as is reflected in our survey : 23 % of APAC CEOs plan M & A over the next 12 months ( compared to 56 % in July 2023 ), substantially lower than the 56 % of American CEOs ,” states Guerzoni .
“ CEOs need to assess their risk levels when it comes to technology and digital disruption – already 35 % believe that it will have a huge impact on the organisation ’ s performance . Digital transformation can enhance operational efficiency , improve customer experience , enable new business models and drive competitive advantage .
“ However , M & A should not be disregarded as a means of driving business growth . Strategic investments can provide a route to acquire unique capabilities – acquiring a tech-savvy organisation can provide an instant boost to a company ’ s digital transformation efforts .”
With almost all CEOs in APAC planning to invest in Gen AI , the M & A route could yet provide the best solution , but with the technology evolving on a seemingly daily basis , it would be a bold CEO who backs such a move . However , with such game-changing gains at stake , fortune could indeed favour the brave . businesschief . asia 115