Confronting Complexity: How business globally is taking on the challenges and opportunities

A new study from KPMG International examines the causes and impact of complexity among businesses globally. The study shows that businesses are taking significant action to address complexity, particularly in the areas of information management, business organization and human resources, but success has been mixed. More than 90% of senior executives say their organization’s success depends on managing today’s complex business issues, but less than half believe the actions they are taking to manage complexity have been very effective. The study, Confronting Complexity: How business globally is taking on the challenges and opportunities, is based on interviews with 1,400 senior executives in 22 countries. The research found that at least 7 out of 10 executives believe complexity can create new opportunities for their businesses, including gaining competitive advantage, creating better strategies, expanding into new markets and improving efficiencies.