Transforming in Turbulence: Tackling the Squeeze on Corporate Profitability
The Middle East Lens
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August 04, 2023
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Long-held business assumptions about the operating environment have been turned on their head. COVID-19 was an unforeseen global calamity, forcing a rapid transformation in ways of working and ushering in supply chain and inflationary shocks across the world, to say nothing of the fatalities and societal impacts. Then, just as the world was emerging from the pandemic, the unthinkable happened with the war in Ukraine, sending inflation rates across the globe to the highest seen for decades and seeing a steady increase in interest rates from their entrenched rock-bottom levels. Adding to this is a darkening of the general economic outlook and the likelihood of lower or negative economic growth across most of the world.
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Published
August 04, 2023
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Senior Managing Director, Leader of FTI Consulting Middle East and Africa
Senior Managing Director
Senior Managing Director