2023 MarginPlus Survey: Transforming through disruption has been saved
Perspectives
2023 MarginPlus Survey: Transforming through disruption
Tech-enabled strategies driving margin improvement
Inflation, rising interest rates, and supply shortages have business leaders asking the same question: How can we capitalize on margin improvements in today’s economy? Our 2023 MarginPlus survey reveals how nearly 300 executives are overcoming these obstacles, focusing on tech-enabled transformation strategies, and staying agile to drive growth.
Disruption and margin improvements: How businesses can adapt
The unexpected is the only thing businesses can truly expect. As unpredictable forces combine with ongoing challenges, driving an unprecedented level of disruption, companies are missing their growth and earnings targets. Facing these challenges, what can companies do to achieve a competitive and sustainable cost structure and establish the right capabilities to run and grow effectively?
To find out, Deloitte conducted its 2023 MarginPlus global survey of nearly 300 senior business executives with direct involvement in their organizations’ margin improvement and transformation strategy efforts. The survey aimed to understand the global impact of disruption and prolonged market uncertainty on organizations’ strategic agendas. What actions are companies taking, and are those actions effective? What are their transformation strategy and margin improvement priorities, and what barriers are they facing?
In the survey, 72% of senior executives revealed that their companies are falling short of their margin improvement targets. As companies face inflation, supply chain constraints, and the lack of technology-enabled infrastructures, adaptive transformation strategies become critical to creating continuous growth.
Download our full report to explore six key takeaways, including how senior executives can lead with technology to unlock the full potential of their margin improvement strategies and enable transformation through the entire enterprise.
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