Jonathan Lavender, Global Chairman of KPMG Enterprise, discusses ways the mid-market can take advantage of and actively seek out innovation, fresh from his participation in the World Economic Forum in Davos.
"Davos discusses global issues, but there was a lot of talk about connecting larger companies with smaller organisations, because a great deal of innovation occurs in the mid-market sector."
"Some mid-market companies around the world have under-invested in IT. However, it is now much more affordable so smaller organisations can keep up and become more competitive."
"Actively seek out opportunities. AI can help and I believe the new technology will assist, not replace existing work."
"In Australia, I see a vibrant eco-system, with mid-market companies displaying an open mind and investing in technology."
© 2020 KPMG, an Australian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved. Liability limited by a scheme approved under Professional Standards Legislation.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.