Only 6% of CEOs in the Asia Pacific region predict a return to normal working environment this year, while a majority of 59% say it will only take place next year, according to 2021 KPMG CEO Outlook Pulse Survey.
Its global survey which involved 500 CEOs worldwide revealed that 45% of them did expect to witness a return to normal until 2022, while 31% were of the opinion it could happen sometime later this year.
It noted that nine out of 10 respondents will require employees to get vaccinated to protect the whole workforce.
KPMG Malaysia managing partner Datuk Johan Idris said the vaccine programme will undoubtedly give leaders a dose of optimism in preparation for the new reality.
“Unsurprisingly, CEOs want to be confident that their workforce is protected against this virus before making any major business decisions. We can see this in how CEOs are only anticipating returning to business as ‘normal’ in 2022,” he said.
© 2021 KPMG PLT, a limited liability partnership established under Malaysian law 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.
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.