{ "docId": "019dd923-5e87-7479-8207-a6490901f542", "docSlug": "004a93dec91c78d5", "documentTitle": "KPMG 2020 CEO Outlook: COVID-19 Special Edition", "authorId": "KPMG", "authorName": "KPMG", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "strategy_consulting", "sourceTypeLabel": "Strategy consulting", "presentationDate": null, "orientation": "landscape", "aspectRatio": 1.414, "pageNumber": 15, "pageCount": 24, "prevPage": 14, "nextPage": 16, "slideType": "case_study", "function": "illustrate_case", "density": "overcrowded", "nDataPoints": 0, "notes": "Includes a pull-quote from Mutlaq Al-Morished (CEO of TASNEE) and commentary from Ton Diemont (KPMG).", "elementsJson": [ "photo", "quote_block", "paragraph" ], "metadataConfidence": 0.9, "imagePath": null, "slideHref": "/slides/019dd923-5e87-7479-8207-a6490901f542/15", "deckHref": "/decks/019dd923-5e87-7479-8207-a6490901f542", "deckJsonHref": "/decks/019dd923-5e87-7479-8207-a6490901f542.json", "deckAnchorHref": "/decks/019dd923-5e87-7479-8207-a6490901f542#slide-15", "components": [ { "bbox": null, "kind": "callout", "text": "Building resilient, flexible supply chains – ones that can withstand shocks and offer the agility to pivot to new opportunities – will be critical for organizations to drive growth and build a competitive advantage post-pandemic.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-28ae-7243-84c1-52f7788658d7", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.57, "w": 0.34, "x": 0, "y": 0 }, "kind": "image", "text": "Portrait of Mutlaq Al-Morished", "attrs": null, "subkind": "photo", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1ec07786-517c-4081-b90f-d16e44876627", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.55, "x": 0.4, "y": 0.19 }, "kind": "paragraph", "text": "Ravaged by the pandemic, supply chains became a focus for CEOs working to get their businesses back on track. This focus was reflected in our survey, which saw supply chain risk rise to the second-most cited threat to growth.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1b4b69a1-5241-4a51-9ced-dd39046ec047", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.13, "w": 0.55, "x": 0.4, "y": 0.27 }, "kind": "paragraph", "text": "CEOs in Saudi Arabia had reason to worry about their supply chains at the onset of the pandemic – the Kingdom is highly dependent on food imports and its downstream oil industry depends on a wide array of imported inputs. However, both sectors managed the disruption. Saudi Arabia's heavy investments into food security softened the blow to global food supply chains, and the Ministry of Environment, Food, and Water stated its food security strategy had succeeded in surpassing the disturbance brought on by the pandemic. The energy sector was also well-prepared, with Aramco stating its supply chains were uninterrupted.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "509686ae-22fa-42bd-bf3c-59e96e5360cc", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.11, "w": 0.55, "x": 0.4, "y": 0.72 }, "kind": "paragraph", "text": "Ton Diemont, Head of Cybersecurity for KPMG in Saudi Arabia, added that the digital acceleration brings additional challenges to organization that extend well beyond building safe and secure remote working conditions. “Confidentiality, integrity and availability are the three core principles that executives need to consider when implementing their new and accelerated digital strategies, along with their operational cyberresilience. Protective, detective and responsive cybersecurity measures should be part of any discussion about digital transformation.”", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "569a8d16-6cc4-4298-bc65-8a6681e0244d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.55, "x": 0.4, "y": 0.52 }, "kind": "paragraph", "text": "Building resilient, flexible supply chains – ones that can withstand shocks and offer the agility to pivot to new opportunities – will be critical for organizations to drive growth and build a competitive advantage post-pandemic. This will be particularly important in a world where CEOs are aware increasing territorialism – which is their third-placed risk today – could make the transfer of goods both more difficult and more costly.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5f28d16c-bf68-48a7-8a78-99beecee3dfb", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.55, "x": 0.4, "y": 0.62 }, "kind": "paragraph", "text": "While cybersecurity risk lowered relative to other threats to growth in our survey, in absolute terms it has likely become a bigger concern for businesses since the onset of the pandemic. The number of vulnerabilities in most organizations’ operations has increased with remote work. CEOs must resist the urge to direct budget cuts towards preventative cyber measures and note the sharp increase in global cybercrime as a reason to keep advancing their cyber defenses.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6ff4eae9-3c34-40c5-8171-3511e7c24506", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.55, "x": 0.4, "y": 0.42 }, "kind": "paragraph", "text": "TASNEE, which depends heavily on imported materials for its products, also saw its supply chains pass the test. “Our supply chains have, amazingly, worked well throughout the pandemic. The government was helpful in making sure ports remained operational, so we were able to import raw materials and export products without interruption,” Mutlaq Al-Morished said.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7915c8b9-814e-4df0-a4c4-4823150e9470", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.55, "x": 0.4, "y": 0.11 }, "kind": "paragraph", "text": "However, TASNEE's problems were eased as testing capabilities eventually came up to speed. Al-Morished said that with rapid tests now readily available, “workforce availability is no longer a problem because in the case of a positive test we can test entire shifts of operators instead of quarantining them.”", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "893c7c4f-d0e8-40a2-b72a-bac5fa89b0cc", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.3, "x": 0.03, "y": 0.65 }, "kind": "quote", "text": "The government was helpful in making sure ports remained operational, so we were able to import raw materials and export products without interruption.", "attrs": null, "subkind": "pull-quote", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2eaae9e2-7ed9-4b7a-96e7-ea938517f737", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "The government was helpful in making sure ports remained operational, so we were able to import raw materials and export products without interruption. — Mutlaq Al-Morished, CEO, TASNEE", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd952-28ae-7243-84c1-5411a0528d55", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.55, "x": 0.4, "y": 0.88 }, "kind": "source-note", "text": "2 https://www.spa.gov.sa/viewfullstory.php?lang=en&newsid=2100794\n3 https://www.reuters.com/article/us-health-coronavirus-saudi-aramco/aramco-says-operations-supply-chains-uninterrupted-despite-coronavirus-idUSKBN22G1HF", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5224cad9-c6aa-498b-9d95-1dc8aca5aac6", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 16, "from": 10, "beatId": "91dbbf83-1924-4cb6-a826-65993f4866f5", "arcName": "Monroe's Motivated Sequence", "arcSlug": "monroes-sequence", "beatName": "Satisfaction", "beatSlug": "monroes-sequence-satisfaction", "evidence": "The sections on prosperity and shifting risks provide insights into CEO responses.", "position": 2, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "loops": [ { "to": 17, "from": 14, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "0f1d2ca3-959b-4e4d-b0d2-9c3ba92ab6de", "evidence": "The sections on shifting risks and changing threats to growth imply the consequences of inaction.", "position": 1, "objective": "The cost of inaction on shifting risks", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.6, "description": "Quantify what happens if the audience does nothing" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }