- The energy sector is in urgent need to embrace the 3Ds of Decarbonization, Decentralization and Digitalization, more than ever before. COVID-19 could accelerate the decline of fossil fuels in the overall energy mix
- Massive investments in green economy and sustainable infrastructure could be the way out for countries to emerge from the economic slump caused by COVID-19 and create millions of new jobs
- Supply chain diversification, which already started due to trade war & labor cost increases in China, will only accelerate post-COVID. Most MNCs will be adopting China+1 or China+2 strategy
- While COVID-19 has compressed the timelines for digital transformation, still the new normal in manufacturing will take years to evolve. The companies that will survive & thrive are those that are adaptive, agile, embrace new technologies, have the ability to adjust their supply chains, and also have built a flexible workforce.
In short, we are entering into a new normal that will be characterized by digital collaboration, cyber-physical convergence, and surge in green investments.
This executive briefing will cover key insights: