Why partnerships matter in Asia-Pacific

PARTNERSHIPS are essential for organisations seeking to either expand their footprint, boost their influence or successfully grow their business. And it’s not just about seeking one out within an immediate stakeholder group. Developing partnerships within a wider ecosystem can add immense value; not just for profits, but as part of your organisation’s wider remit to do good for people and the planet.

It appears Asia-Pacific organisations recognise this more so than their global counterparts. Compared with global chief executive officers, Apac CEOs are up to 6 per cent more likely to forge partnerships outside established stakeholder groups. We see great value across the entire chain of outcomes.

Unlike other markets elsewhere around the world, Asia-Pacific comprises multiple diverse countries, each with its own unique business practices, cultural nuances, and regulatory environments. This added dimension means that a strategic approach to localisation, trust-building, and innovative thinking is required. It makes partnerships indispensable. As a leader in this market for more than 30 years, I’ve seen how partnerships enable better outcomes, and help foster innovation against the backdrop of technological change.