The pandemic poses challenges that are compelling businesses to operate with minimum mobility, execute with agility and stay focused on protecting their people. HSBC’s recent Navigator report, Building Back Better, found that while Indonesian businesses are feeling the impact more strongly than markets around the world (80% vs 72%), they believe having an agile management structure (46%) is critical to being resilient – second only to mainland China (49%).
HSBC Navigator surveyed over 2,600 companies from 14 markets around the world. The survey found almost two-thirds (63%) of businesses in Indonesia have been continuing operations with modifications. On the flip side, less than a fifth (19%) of Indonesian businesses believe their infrastructure and culture are agile enough to ensure stability, lower than the global average (22%).