COLLABORATION IS THE KEY TO ENDURING SUCCESS

Deloitte Consulting’s South Asian leadership recently convened in Sri Lanka, marking a pivotal step towards catalysing growth across the region. The assembly underscored a steadfast commitment to amplifying collaboration, nurturing talent and embracing sustainability as cornerstones of shaping the future trajectory of South Asia’s business landscape.

President Consulting of Deloitte South Asia Sathish Gopalaiah articulated the collective aspiration for unprecedented growth within the South Asian region. He emphasised Deloitte’s unified commitment to scaling the path of development, and envisioning a future characterised by innovation, technological advancement, inclusiveness and sustainability.

Gopalaiah also highlighted the crucial role of collaboration as the cornerstone for enduring success in the region – a part of the world that is tipped to grow exponentially in the years ahead, fuelled by the region’s powerhouse India.

Meanwhile, the Consulting Leader of Deloitte Sri Lanka and Maldives Nishan Mendis underscored Sri Lanka’s pivotal role in Deloitte South Asia’s growth narrative and flight to value.

Mendis affirmed that the 50-plus member delegation is committed to investing in Sri Lanka, adding that its vision is to drive meaningful change, and “build on the confidence in the country’s young talent and massive growth potential.”

During the high-powered meeting, there was a pronounced emphasis on fostering close collaboration with businesses across various sectors and industries, to conceive and execute transformative models.

In light of rapid advancements in artificial intelligence (AI) and the emergence of generative AI (Gen AI), Deloitte stressed the imperative for businesses to adapt their forward strategies, harness innovation and drive sustainable growth in what is an ever-evolving economic landscape.

Gopalaiah reiterated Deloitte’s commitment to guiding clients through the complexities of the digital age: “Our focus on AI and Gen AI demonstrates a commitment to helping clients navigate the complexities of the digital age. By partnering with clients to develop business models that stand the test of time, we aim to position them for success in an increasingly competitive marketplace.”

Moreover, executives who attended the session highlighted the transformative power of human capital in driving organisational success. Human resources were recognised as a strategic enabler that is capable of fuelling growth and propelling organisations to new heights in the South Asian region.

In tandem with their dedication to innovation, the Deloitte executives explored prospective business models that leverage digital transformation to bolster efficiency and sustainability. It was noted that by embracing environmental, social and governance (ESG) principles, businesses can align their operations with sustainable practices, thereby creating value for both shareholders and stakeholders.

“We stand at a crucial juncture in the evolution of the South Asian market,” Gopalaiah remarked. The President Consulting of Deloitte South Asia asserted: “By scaling our collaborative efforts and investing in talent development, we can unlock exceptional opportunities for growth and innovation, thereby driving the region to new heights of prosperity.”

Mendis emphasised the surging global demand for skilled professionals, driven by technological advancements and industry expansion.

He observed that “the global demand for skilled professionals is experiencing a notable surge due to technological advancements and industry expansion.”

“We can capitalise on Sri Lanka’s highly skilled workforce as a reliable source to meet this demand – our ‘Island of Ingenuity’ brand aligns seamlessly with these objectives. Deloitte’s growth plans aim to tap into Sri Lanka’s potential and talent,” Mendis added.

In addition, Deloitte’s strategic focus on collaboration, talent development, innovation and sustainability corroborates its commitment to driving growth and prosperity across the South Asian region with Sri Lanka playing a pivotal role in this transformative journey.

Deloitte Sri Lanka and Maldives is a multidisciplinary professional services firm that is a part of the Deloitte network. Deloitte offers a range of assurance, tax, consulting (including technology consulting), financial advisory and risk advisory services. Deloitte is among the largest professional services networks globally with a presence in over 150 countries and comprising over 450,000 professionals.