Rapid developments in emerging technology are also changing lives, paving the way for advances across industries and maybe even new "realities." This focus on shareholder capitalism will require business leaders to find new ways of accounting for unintended impacts on, say, the physical environment. Individually, business leaders will also have to be more mindful of how they hold themselves accountable and how they practice transparency in action and communication as more and more people are watching. In this environment, business leaders will have to become adept at spotting strategic partners within their ecosystem and maximizing those partnerships for competitive advantage. The author is the tax and corporate services leader of Deloitte Philippines (Navarro Amper & Co.), a member of the Deloitte Asia Pacific Network.

Source: Manila Times May 16, 2022 04:10 UTC