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Directions 2024

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Directions 2024

Driving productivity growth in a highly charged environment

KWM’s Directions Report 2024 is your essential guide to what is ‘top of mind’ for Australian directors and senior business leaders.

Our 2024 edition is here - revealing that Australian businesses are searching for business and investment opportunities and productivity growth in a challenging and highly charged environment.

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Directions 2024
KWM’s Directions Report 2024 is your essential guide to what is ‘top of mind’ for Australian businesses.

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3.3MB, 16 Pages

Key findings include:

  • The top ranking short term concern (next 6 months) is pursuing and maintaining profitability.
  • There is increasing concern over the medium term (next 3-5 years) about responding to and managing excessive regulation and red tape, overtaking concerns about maintaining an appropriate corporate culture.
  • While still a prominent issue, there is comparatively less concern about managing cyber risks, potentially reflecting that businesses have actively increased efforts to improve their cyber resilience and are now at a more mature stage in terms of response readiness.
  • More stable long term policy settings and more effective regulation present an important opportunity to enhance productivity and help Australian businesses ‘grow the pie’ for all stakeholders.

Here is a sneak peek at KWM’s Directions Report 2024 - available to download below

Directors' and senior leaders' areas of greatest opportunity or concern in the next 3 – 5 years

A snapshot of the questions we are asked this year

Compared to 12 months ago, what is your organisation’s attitude towards pursuing growth opportunities and risk taking in the next 12 months?

What is the greatest barrier to productivity growth in Australia, and what would enhance Australia's productivity growth?

Previous Directions

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Directions 2023
This year, opportunity is in the eye of the beholder. For some, the current environment presents opportunities to pursue profitable growth and to develop new business models, albeit with a disciplined approach to managing risk and capital allocation.

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Directions 2022
This year, we explore how Australia’s senior business leaders and their organisations are identifying and pursuing opportunities for growth, and becoming more resilient in responding to new and evolving challenges in uncertain times.

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Directions 2021
In the spirit of "never waste a good crisis", our 2021 Directions survey, explored the views of directors and senior business leaders regarding their top reform priorities in key areas such as taxation and industrial relations, as well as "newer" issues such as vaccination policy and critical infrastructure

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Directions 2020
The pandemic pulse-check. In a year like no other, KWM’s Directions team took corporate Australia’s pulse through a COVID-19 focussed survey of directors and senior leaders.

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Directions 2019
Navigating a new order. KWM’s Directions Survey reveals that corporate Australia continues to search for its new recipe for trust; the pursuit of which has been complicated by a wave of more activist regulatory intervention and enforcement actions, dramatic media headlines and pointed political commentary

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