In the past year, Generative Artificial Intelligence (Gen AI), spearheaded by advanced models like ChatGPT and its counterparts, has revolutionized the customer experience landscape, democratizing intelligent technology as both an interface and an enabler. The rapid proliferation of Gen AI tools underscores a clear imperative: speed is of the essence when it comes to embracing Gen AI.  

Against this backdrop, the significance of AI in product development cannot be overstated. Organizations that leverage Gen AI as a strategic capability in delivering new products have the additional benefit of unlocking new pathways for AI transformation, growth and change. However, amidst the plethora of Gen AI applications and tools (alongside mounting stakeholder requests for AI integration), navigating this new terrain can seem daunting. Yet, the cost of delaying action outweighs the challenges of embracing AI. Its integration requires a paradigm shift, but here are a few actionable kick-starters to usher in opportunities to boost efficiency, effectiveness and innovation, while also addressing the hurdles typically encountered so that product leaders can embark on their AI journey with confidence, clarity and a purposeful approach.

1. Efficiency: Service Operations and Workflow Evaluation 

Efficiency is paramount in today’s fast-paced business landscape and presents an invaluable opportunity to streamline operations. For instance, how can we let Gen AI act as our assistant, adeptly handling cumbersome or repetitive tasks, both at the individual and organizational levels? Imagine not having to write a single product description: with Gen AI at the helm, targeting and performance see significant improvements. Take inspiration from Amazon’s product management team, who seamlessly integrated Gen AI into customer support, effectively managing first/second-level queries, reducing workloads and response times. 

To harness these efficiencies, start by evaluating service operations and workflows, followed by an AI Feasibility Assessment. Prioritize tasks based on their repetitiveness, data availability, scalability and complexity. When prioritizing tasks, consider giving more relevance to those that improve customer time to value. Select one or two pilot cases where appropriate off-the-shelf Gen AI solutions are already available and conduct pilots to assess impact and feasibility. This strategic approach not only optimizes efficiency but also paves the way for transformative change in organizational workflows.  

2. Enhancing Effectiveness: Value Exchange Analysis 

How might the computing power of Gen AI revolutionize approaches to identifying new insights, elevating our creative thinking and strategic decision-making? What if you could leverage Gen AI to analyze user engagement data, uncovering valuable insights into feature improvements and prioritizing them for implementation? Take Citymapper, for instance. This international city travel planning app is used by millions of commuters daily to navigate cities with real-time information. Leveraging data science, the company identified a critical time and route in London underserved by existing transportation options. In response, they established a dedicated private bus route on weekday afternoons to address this gap. By utilizing data collected from their mobile application, they translated insights into a tangible service, enhancing customer experience.

To drive effectiveness in your organization, you should consider embarking on a Value Exchange Analysis exercise to define the value exchanged through your product offering, systems, processes, service partners and customers. Consider what each stakeholder or partner in your ecosystem gives and receives. Visualize these exchanges and explore how Gen AI can maximize value by enhancing efficiencies, reducing errors and proactively recommending new insights, or creating entirely new value propositions. Again, run an AI Feasibility Assessment but instead of focusing on “repetitiveness” focus on “value maximization” potential. Utilize concierge tests to determine the minimum service level for each feature or offering to deliver tangible value. This not only amplifies effectiveness but also fosters a culture of innovation and value creation within the organization.  

3. Driving Innovation: Future-Back Growth 

How can Gen AI drive business model innovation by reconfiguring current assets and capabilities to create entirely new value propositions? With its aptitude for lateral and creative thinking, Gen AI is poised to maximize personalization, attracting previously untapped customer segments. Consider the case of a coffee roasting company that used Gen AI to analyze its customer data alongside market trends to suggest innovative coffee blends, which resulted in boosted sales and customer loyalty. 

To enhance innovation, adopt a future-back growth approach that anticipates and responds to evolving customer expectations. Run a comprehensive trend analysis to identify emerging behaviors and signals of change, laying the groundwork for scenario planning to explore new opportunity areas. Embrace Gen AI tools at every stage, from trend research to product development, to capitalize on its predictive capabilities and ensure alignment with future market demands. By embracing Gen AI-driven innovation, organizations can position themselves as pioneers in shaping the future landscape of their industries.  

Our latest commissioned global research study conducted by Forrester Consulting on behalf of Prophet explored how “human-centric” organizations use human-aligned change management principles to design transformation initiatives and align their business strategy around the human. We have found that human-centric companies are more likely to see results from their business transformation efforts. In fact, human-centric organizations are 10 times more likely to achieve revenue growth rates of 20% or more. Moreover, these organizations experience a remarkable 25% boost in employee collaboration, a significant 23% increase in shareholder value, an impressive 48% improvement in time to market, and a substantial 28% higher likelihood of pioneering groundbreaking innovations, among other remarkable statistics. 

We believe these findings underscore the profound impact of human centricity, which involves prioritizing people, culture, and empathy within the context of organizational transformation. By doing so, organizations can harness the benefits of enhanced collaboration, increased shareholder value, and sustainable change, ultimately positioning themselves for growth and resilience in today’s fiercely competitive business landscape. 

Embracing Human-Centric Transformation: The 4 Pillars of Success 

In the dynamic business landscape of the APAC region, achieving substantial growth requires consistent strategic recalibration. Our research showed that driving long-term transformational growth requires a shift in focus from operations- and revenue-driven objectives to ones that prioritize the needs and experiences of their customers and employees.  

In this article, we identified four key areas of how companies can embrace human-centric transformation through a multifaceted approach. 

1. Enhance Customer Experience (CX) by Better Capturing and Predicting Customer Needs 

Our research underscores a strong focus on high maturity and human-centric companies on understanding consumers through data and analytics and improving customer experience (CX). These transformation value drivers are among the top three priorities for close to half (44%) of the high-maturity respondents. 

However, it is a very different scenario for APAC companies – there is a predominant focus on products and services (54%) rather than a broader consideration of CX (30%).  

Hence a key opportunity for Asian businesses is to pivot their transformation drivers towards enhancing CX by harnessing the power of data analytics. 

Nevertheless, there are pioneers in China who already embed human centricity in their core business strategy. NIO, a prominent player in the electric car industry, stands out as a prime example of a holistic and human-centric approach to its business. The company takes pride in its user-first operation model, placing an unwavering focus on creating long-lasting touchpoints and pleasant experiences across the customer life cycle. One of NIO’s leading innovations is its Power Swap Station which provides users with battery swapping as an alternative to conventional charging. NIO decided to invest in establishing and operating the service on its own, instead of using a third-party provider, in order to maintain the highest customer satisfaction. “User service may show a loss in financial statements, but it can also be interpreted as an investment in customer satisfaction, which I think is the more appropriate perspective,” said Lihong Qin, President of NIO.  

2. Embracing Purposefulness as a Cornerstone of Brand and Culture for Employee and Customer Engagement 

Purpose is more than a buzzword; it is a strategic imperative. Those who embrace this approach are well-positioned for success in the human-centric era. Companies around the world are increasingly recognizing the importance of anchoring their brand identity and organizational culture around a clear purpose to engage both employees and customers effectively.  

According to our research, 56% of human-centric firms globally firmly believe that their culture enables purposefulness in everything they do (compared to 44% in APAC), which shows that those who operate with a clear purpose tend to excel in their transformation endeavors. However, many APAC companies making strides in commercial performance and technological innovation often deprioritize fostering purposefulness with a human-centric lens. Moreover, compared to global counterparts, only 50% of APAC companies strongly consider “society”, “customers” and “communities” as very important transformation initiatives, while only 37% prioritized “employees”.  

Companies in the APAC region have a significant opportunity to strengthen their approach to transformation by defining a clear purpose and applying it to everything that they do. This involves shifting the focus to not only placing a greater emphasis on consumer experience but also broadening the lens to fostering a human-centric culture both internally and externally. It is crucial to align employees with the company’s purpose by developing a clear Employee Value Proposition (EVP) and effective employee engagement programs. Additionally, companies must consider the societal implications of business actions and Environmental, Social, and Governance (ESG) principles to create a more profound and sustainable impact. 

Sea, a Singapore-based tech company and holding company of Shopee serves as a compelling example of how purpose can be seamlessly integrated into an organization’s human-centric culture. Sea’s overarching mission is to enhance lives and build more connected communities through technology. As it grows, Sea remains committed to nurturing the growth of the broader digital ecosystem and helping achieve digital inclusion for various local stakeholders who are underserved. For example, Shopee, one of the largest global e-commerce platforms, drives e-commerce access to local communities across hard-to-serve regions while also enabling local SME entrepreneurs to succeed. From launching a variety of training programs and platforms like Shopee University and Shopee Seller Center to working with local governments to establish local e-commerce hubs, the firm actively supports local communities to accelerate their digitization journey and grow their businesses. By embracing purposefulness through business initiatives, Sea’s mission transcends boundaries, benefitting all its stakeholders which include consumers, small businesses, local communities and employees.  

3. Empowering C-Level Transformation Leadership 

Another key finding from our research resonates clearly – human-centric transformations are most likely to thrive and yield tangible results when guided by C-level management who leads through their own actions. 79% of human-centric organizations have C-level leaders who lead their company’s transformation agenda, while only 70% of the APAC companies reported the same.  

Human-centricity goes beyond just lines of mission statement, it should be translated into tangible actions within the organization. Hence there is a need for a more direct and hands-on stewardship from C-level executives in APAC to drive crucial transformation initiatives forward. 

A striking illustration can be found in Ping An, a leading financial services company in Asia, which experienced a threefold increase in digital users over the past five years and doubled its retail customer base.  Ping An made the strategic appointment of Jessica Tan as CIO in 2013, who was later promoted to co-CEO in 2018, to play a pivotal role in architecting Ping An’s business transformation into an innovation-driven business. Tan’s leadership brought importance to innovation and a forward-thinking approach, launching various industry-leading initiatives across fintech, healthtech and AI-based offerings. Ping An has invested RMB100 billion over the past decade and committed to investing twice that over the next five years. It now ranks 7^th in the Forbes Global 2000 and is the largest insurance company in Asia today.  

The Ping An example serves as a testament to the transformative potential of C-level leaders who actively lead by example, underscoring the importance of leadership in driving human-centric transformation and fostering a culture where technology and innovation thrive through collaboration across teams. 

4. Building Internal and External Trust in the Brand 

Driving near-term revenue growth by enhancing brand recognition and consumer insights is indeed important for an organization to survive in this unpredictable economy. However, the key to achieving sustainable growth is through transformation that is truly human-centric, which requires making focused and consistent investments in building both internal and external brand trust.  

Our research indicates that amid the fervor for technological progress, investments in human capital development and brand trust often find themselves on the back burner among APAC companies. In fact, 98% of human-centric companies globally are investing to maintain trust in their brand while only 85% of APAC companies are doing so. APAC companies are also investing less in their employees as compared to human-centric companies  (81% vs 98%).  

Gojek is a powerful example of the paramount importance of maintaining a steadfast commitment to social impact and brand trust, even when confronted with the challenge of plummeting share prices. Gojek’s continuous investments in initiatives designed to support financially vulnerable riders and drivers, and its commitment to sustainability goals exemplify a forward-thinking approach. For example, recognizing that many drivers prefer greater flexibility and freedom, Gojek continues to update its daily incentives scheme like its Monthly Loyalty Rewards program which allows drivers to have more stable and sustainable earnings. By showcasing such a strong commitment to the community, this approach can significantly elevate internal brand loyalty, build external trust and maintain unwavering resilience, even amidst the most turbulent economic storms.  

The good news is that 2023, a very challenging year for businesses, is far in the rearview mirror. The bad news is that rest of 2024 into 2025 may have many of the same barriers to growth. That means senior leaders should think bigger (about go-to-market innovation and future-back strategies), bolder (about brand-led transformation and new business models) and more creatively (about driving organizational capacity for change).  

As we return to a period of potential growth, C-suites are being pressured by investors and capital markets to find new sources of revenue and new ways to increase customer loyalty. Every part of the business is charged with identifying new pathways to growth. At the same time, every dollar invested is being closely scrutinized for its impact on overall performance.  

For all the market uncertainty and competitive intensity, it’s worth remembering that disruption is born out of turbulent times. In that spirit, we offer five key ideas for unlocking growth in 2024 and beyond.  

Theme 1: Driving Value Through Go-to-Market Platforms 

Given customer expectations today, it’s no longer enough to have a great product or service. You must engage customers and demonstrate your relevance to their lives outside of simple, one-off transactions. Platforms have become critical because “Use journeys” have become more important than “Choose journeys,” as my colleague Ted Moser writes in his new book, Winning Through Platforms: 

“In the Choose journey, customers explore their needs and options, assess their final choices, and transact. In the Use journey, customers use the products and services they have accessed, then eventually decide whether to access them again – and if so, from whom.”  

Platforms are for the Use journey in the 2020s what websites were to the Choose journey in the early 2000s – the primary way companies engage with customers to deliver satisfying experiences and execute their growth strategies. They are powerful because they enable companies to carefully observe how customers use their products and explore other areas of interest. That creates momentum on the Use journey and provides data the company can use to add features, shape offers, and drive uptake. 

Platforms are known by many names – apps, super apps, hubs, portals, clouds, suites, exchanges. Whatever they’re called, the platforms convert functionality into valued customer experiences, which lead to renewed brand relevance and, ultimately, market leadership. They also signal advantage to investors and prepare a company for convergent competition.  

Platforms are no longer purely for tech giants or ambitious, well-funded start-ups. Consider how pharmaceutical companies are creating hubs and communities for specific types of patients, with content and connections to help them manage their conditions and lead healthier lives  

Companies can no more “pass” on deploying platforms than they could “pass” on having a good website. And if they choose only one, it should be a platform. 

Theme 2: Utilizing a Future-Back Approach to Rethink Growth Strategy

Today’s markets are too volatile to leave growth to traditional cycles, which are not nearly as consistent as they used to be. In fact, growth can accelerate and amplify at any turn. That’s good news because many companies that experienced declines in the last year can’t wait for the next naturally occurring growth cycle to occur organically. Firms that aren’t prepared for the next growth cycle, or are over-reliant on advice about the past, may miss their chance to accelerate growth.  

A future-back approach has helped many firms envision new growth trajectories. A leader in manufacturing recognized a pivotal shift: consumers were quickly adopting connected home technology. Given their product’s universal presence in homes, they identified a unique opportunity to become a cornerstone of the connected home ecosystem. By adopting a future-back approach, we helped them envision a future where their products not only fulfilled their primary function but also integrated seamlessly into the broader connected home environment. This strategic perspective allowed them to see beyond current market limitations and focus on long-term value creation. 

Firms that struggle to unlock growth or get leapfrogged by disruptive competitors often make the mistake of expecting patterns of past market behavior to repeat in the future. Obviously, senior leaders know markets keep moving, driven by shifting customer behaviors and evolving societal trends. That’s why companies must invest time and resources in figuring out what’s over the horizon. 

While it’s impossible to predict the future, firms can leverage deep customer insights and formalized approaches to exploration to identify probable developments and preferred outcomes. Our recent research found that a leading barrier to increasing innovation is the lack of a long-term planning process. Asking tough questions – Why hasn’t this innovation been tried before? Are we best positioned to deliver a new type of offering? What advantages and disadvantages do we have in the market? – is as important as generating new ideas. The answers to these questions will help define the key capabilities and innovative offers necessary to lead the next growth cycle. 

Theme 3: Accelerating Business Transformation Through Powerful Branding

Unlocking breakthrough value often requires transformation in the form of rationalizing the portfolio, realigning the organization, or digitizing operations. The struggles to realize full value on transformation investments are well documented. Less appreciated is the unique power of brands to increase the odds of transformation success.  

As portfolios of products and services are redesigned and new experiences created, thoughtful branding can drive adoption and engagement, among both customers and employees. Used properly, brands can establish a new frame of reference and highlight a clear and compelling purpose. Internally, branding can inspire change by giving employees the motivation to contribute to important transformation initiatives.  

In accelerating growth through business transformation, senior leaders must ask what role their brand can – and should – play. Understanding how brands and a company’s purpose are perceived in the market is a vital first step. In some cases, brands may need a refresh to match updated offerings. In other situations, brand equities can extend effectively into new categories. In either case, careful planning and market insights can help senior leaders find the right way to put the brand to work. 

The regional casino operator formerly known as Penn National Gaming aimed to disrupt a sector undergoing great change. Facing an inflection point in its business – thanks to technology advancements, expansion of online gaming and rapid growth via acquisitions – the company set out a bold transformation agenda to lead the gaming and entertainment industry into a new era.  

Senior leadership decided it was time to redefine the corporate identity to reflect its growth beyond casinos into omnichannel entertainment. The rebrand created stronger connections with consumers, employees, investors and partners, which led to more support for the broader transformation effort.  

Theme 4: Rethinking Business Models to Find New Ways to Make Money

In seeking new pathways for growth, many companies default to product and service extensions rather than exploring entirely new ways to generate revenue and engage customers. We think the latter approach – the development of new business models – is the better option in 2024. Why? Because that’s where the uncommon results come from.  

Identifying new business models requires a deep understanding of the value chain – where and how money is being made today, where the biggest pain and friction points exist for customers and which assets can deliver more value. These insights point the way to value-added services that will resonate with customers, versus mere product wraparounds.  

A major US consumer products retailer not only remained relevant but delivered strong growth by expanding from basic tech support capabilities into a subscription-based total tech support for home entertainment and productivity, building on the strength of its expert service capability Customers love getting direction on the best system for their needs and investors love the margins of the higher-end services. 

Another example – acquisitions: The build, buy or partner question certainly applies to new business model development. Every firm should consider a wide range of options.  

Theme 5: Building a Business Reinvention Capability to Always Be One Step Ahead

Whatever lingering goodwill brands created during COVID is long gone. The loyalty bump from that era has been lost to rising prices, increasing competition and changing behaviors. Current market realities have placed a premium on the ability of companies to drive change effectively, repeatedly and in line with big-picture business objectives like growth.  

Because they know change and disruption are inevitable, companies must learn to disrupt themselves ­– building new offerings and experiences in line with changing customer needs, tearing down to refocus and then reinventing again.  

The legendary toymaker LEGO underwent a stunning transformation in the early 2000s to become the “Apple of Toys.” Facing bankruptcy, new leadership formalized its approach to innovation while remaining focused on its core product – the humble brick. The company encouraged customers (both kids and adults) to share feedback and ideas for innovation. Its adoption of “full-spectrum innovation” transcended individual product lines and revealed potential new markets.  Even in the age of immersive video games and pet robots, LEGO has delivered impressive results, in terms of both bottom-line metrics and customer engagement, even passion. 

In a turbulent, hyper-competitive environment, this capacity for reinvention needs to become a core competency and cultural attribute. Establishing a separate business reinvention capability will help cultivate a disruptive mindset and the necessary processes and skills, such as portfolio review, market analysis, and innovation labs. Self-disruption is never easy but it’s necessary for market leadership. To get ahead, most businesses need to step up their game in terms of reinvention.

Digital transformation has come a long way from being a buzzword to becoming a fundamental for business success. But, digital transformation goes beyond technology; it’s an ongoing process where human issues and change management are just as central to a successful transformation process as the tech. And today, organizations are starting to understand that change comes from using technology to achieve human goals. They recognize that such change helps them to be more targeted in servicing customers, creating experiences and becoming more efficient, profitable and sustainable.  

While human-centered transformations are essential all over the world, they take on a distinctly different imperative in the Middle East. The relationship-based culture requires a very human approach – business here is all about the way people connect. 

The region has one of the world’s youngest populations, with about 60% under 25, which means most employees are digital natives. They run their lives using mobile technology and expect the companies they work for to do the same. They are more at ease with artificial intelligence and want all the entities in their lives, from government and employers to shopping and entertainment, to be convenient, automated and personalized. 

There’s no ignoring the need to be digital. It is simply expected in every aspect of life. Yet technology is only one part of the solution. It frees up and increases the demand for organizations to provide a human experience. This is becoming more important every day: Yes, there are plenty of tasks tech can do better than people, from booking airline tickets to delivering groceries. But when it’s time for people to interact with each other, whether with colleagues or customers, those interactions take on outsized importance.  

In the Middle East, this transition to a more human-centered business should foster the growth of the region’s relationship-driven culture by directing employees’ attention more toward the human elements of business. Organizations should allow their employees to use technology to help their customers and stakeholders achieve their goals.  

And this is the crucial distinction: recognizing that humans drive the change in business – not technology. 

Starting a Human-Centered Transformation 

For the last five years, Prophet’s global research has explored how companies can leap from outdated ideas of digital transformation to human-centered change. We’ve found that sustainable change, the kind that leads to uncommon growth, works best by comparing every organization to the makeup of a human being. Every enterprise has DNA, a mind, body and soul. We call it the Human Centered Transformation Model.

These transformation efforts are powered by purpose, values, brand and strategy, which we consider an organization’s ‘DNA’. All enterprises need a clear and compelling ‘why’. That ‘why’ is the North Star, illuminating every effort, so every part of the organization pulls in the same direction. This purpose must be meaningful, a shared ambition that can unite and inspire people to embrace change for a better future.  

Each organization also has a ‘mind’, including the talent, skills and capabilities to take it forward. The ‘body’ includes the organization’s shape, such as governance, processes and systems. And finally, each enterprise has a ‘soul’, the behaviors, beliefs and stories that motivate its people. These soul-based elements are especially important in the Middle East. They include symbols, rituals and a mindset that help ignite change and are deeply meaningful to younger workers.  

Leveraging the Middle East’s Unique Advantages and Addressing its Challenges 

Our research has identified the critical levers – fundamentals and accelerators – that can drive change. These are global findings. Yet there are some specific conditions in the Middle East that support rapid digital transformation and help bring people on the journey of change. 

First, there is speed, urgency and ambition. The race to achieve the national 2030 vision, even as it expands toward 2040, is an amazing driver for change. People who run enterprises feel this vital purpose and are eager to achieve it. Employees are even more impatient.  

Next, there’s a regional thirst for excellence, prestige and creativity, inspired by ambitious projects, whether it’s Dubai’s “20-minute city” goals, Saudi Arabia’s $500 billion bet on NEOM, or Egypt’s audacious plans for a new capital. These ambitious endeavors are not only shaping the future but also instilling a sense of collective national pride, fuelling the appetite for achievement and making people eager to join the journey towards a digital future.

The region also faces barriers. Similar to companies globally, some entities react reflexively in ways that are inconsistent or misaligned with their declared strategy, making it more challenging to coordinate and drive change. 

Organizations are maturing and evolving all the time. Yet, even in flux, it’s essential to connect the dots strategically. Every change should arise from the enterprise’s DNA, relating continuous improvement to a broader agenda. This clear purpose is the North Star, helping companies see how that purpose translates into every employee and customer experience. 

The region also faces workforce challenges due to the transient nature of talent, where professionals frequently change roles and locations. This dynamic environment contributes to fluctuations in productivity, as teams experience continuous turnover, impacting stability. This is why strategies that focus on talent retention, skill development and creating a workplace culture that aligns with the diverse expectations of the workforce are imperative.  

These unique advantages and challenges make taking a human-centered approach even more important, ensuring it is tailored to your organization’s characteristics and strengths.

Beyond Cookie-Cutter Approaches: Honor Regional and Organizational Uniqueness 

Studying transformation success stories and digital leaders in the West can be tempting. But that’s a mistake. Only Google can be Google. While it’s fine to be inspired by what others have done, organizations in the Middle East (and everywhere else) must remain authentic to their core identity. They should be driven by and centered around the unique group of individuals within their organization and guided by the strategic purpose they aim to achieve.  

Cookie-cutter methods won’t create the far-reaching, long-lasting transformation required in modern marketplaces. But there are specific steps companies can take to begin this human-centered change in ways that build on what they do best, helping them create more robust, more agile organizations that better serve all stakeholders. 

The Power of Leadership Excellence 

Start by defining what good leadership looks like. Leadership values need to stem from the organization’s unique DNA. And while an enlightened CEO is required to initiate the transformation journey, the passion for the mission needs to be nurtured in leaders at all levels. Organizations in the Middle East need leaders who can work with many cultures and nationalities. They require the ability to co-create a dialogue about what the enterprise wants to achieve with this transformation, deciding how best to prepare employees for the changes ahead. 

Again, there are inherent regional advantages. Organizations can create close-knit, enterprise-focused leadership teams using the power of the relationship-based culture. We see this inherently in start-ups, steering away from traditional hierarchies and driven by innovation, the emphasis is on collaborative cultures that nurture a sense of belonging and shared purpose among team members. Similarly, government entities in the region have increasingly recognized the value of cultivating strong leadership teams to enhance organizational effectiveness and establish relationship-based cultures that resonate with the diverse populations they serve. 

While transformation efforts are still in the planning stage, leaders should remind themselves how much power they have over the outcome of any transformation effort. If leadership isn’t seen as fully on board with changes, efforts will never gain traction. Companies can increase the chance of transformational success by: 

• Framing the transformation as a positive, modern journey. Make it clear that it helps build pride and furthers national goals, using context that is meaningful and relevant to all employees. 
• Encouraging creative thinking. As Artificial Intelligence (AI) takes over more operational and administrative tasks, organizations should emphasize the human effort shaping these technological changes. AI can only predict. It can’t think or invent. Constantly seek out new ways to encourage human insight and innovation. 
• Embracing diversity. Effective transformation in the Middle East requires working with locals, whose motivation and sense of purpose are linked to faith and cultural heritage. But it also requires international workers and customers. Organizations need to serve many segments, tailoring and personalizing every experience.  

Build the Right Employee Value Proposition 

As leadership teams coalesce around this pivotal transformation initiative, it’s crucial to sharpen every element of talent acquisition. That starts with updating the Employee Value Proposition (EVP) – the deal you offer those who join your organization. While encompassing salary and benefits, an EVP transcends these essentials, delving into the fundamental reasons why people come to work each day. A robust EVP that vividly articulates the organization’s purpose unveils the unique, compelling and meaningful aspects of the employee experience. Beyond merely enhancing talent acquisition, this refined EVP serves as a linchpin for retention. Engaged employees, drawn to a purposeful workplace, contribute to the transformational journey, propelling the organization toward unparalleled growth.  

Given macroeconomic challenges, it’s a critical time for regional organizations to make sure these EVPs play across borders, attracting international talent. This can be time-consuming for companies not well-known in other parts of the world. And it often calls for new ways of thinking. For example, flexible schedules and work-life balance are now an expectation of many people in the West and must be addressed in recruiting efforts. 

You can’t skimp on developing an EVP. Successful transformation relies on building new capabilities. And while some of those needs will be addressed by upskilling current employees, attracting talent with new skills and background is essential. The rapid expansion of AI tools has dramatically accelerated the demand for new skills. 

Companies can’t afford to overlook local talent, either. The competition is intensifying as the Middle East region prospers and grows, especially relative to Western economies.