1. Business Transformation
Reviving Corporate Growth Agenda During Difficult Times
Presentation by
Kashif Rana
CFO ACWA Power

2. CHALLENGING TIMES

3. Challenging Times Global economy and trends
Global conflicts - widespread political and social turbulence; Country stability – political and economic
Global growth slowdown - economies stagnated except a few pockets
Different risks prevalent
Advanced economies - asset bubbles (property, shares all
asset classes), high unemployment, fiscal crisis, financial
institution failure, security, cyber risk
Emerging economies - high unemployment, rating downgrades, energy prices, fiscal crisis, social instability, infrastructure shortfall, population growth, cyber risk, financial institution failure,, lower FDIs
Globalization (rolling down or moving forward)
US looking inward – large infrastructure spend, renegotiating pacts and impacting trade
China’s outward push – One Belt One Road (Africa, Asia, ME) – equipment, financing, labor for all key infrastructure sector
Restrictive trade policies, Europe fragmentation, higher interest rates

4. Challenging Times
Technology trends – new highly skilled replacing redundant skills
Disruptive technologies
mobile connectivity, intelligent software performing knowledge tasks
internet of things (complete connected interfaces of all objects)
Human vs Machine - AI and robotics
Renewable energy, energy capture and storage
only challenging the normal business models
Bulk energy vs distributed energy
Crowd lending vs financing institutions
Transportation, hoteling, drones, sharing economy,
On line content vs cable, TV
Brick and mortar vs e-commerce
Automated workplaces (ports, trains, legal and accounting tasks etc.)
Regulations and compliance – new and stricter regulations pushing up cost of doing business going up

5. GEARING
FOR GROWTH

6. Survival vs. Opportunity
Gearing for growth
Survival vs. Opportunity
Panic vs. Focus
It is clear - what brought you here will not get you there
The difficulty times could be long but businesses must transform with speed, creativity and discipline and make use of technological advancements
Choices that are pivotal to transformation vs change
Survival vs. Opportunity
Structural shift happening – cutting cost to survive is not as important overhauling the cost base - trim your fat and not your muscles
Reinvent your business model – smart companies will move ahead
Access liquidity, reduce the bloated BS and invest to grow
Management Control vs. Organization Involvement
Take the talk out of the board room and management meetings
Reinvest profitability in the right areas to avoid entering a slow decline
Retain the right people and get the right people on board – change mindset
Panic vs focus
‘Don’t do something different to get through’ but ‘do what is best for the business’
Criticize your plan, listen to customers and invest in technology (big data analytics is reshaping business)

7. 01 02 03 Business Transformation Team Governance Technology
Business transformation requires fundamental changes – need internally and externally interaction to cope with the evolving landscape
Team
Technology
Governance
Right employees play vital role 01 02
Invest in technology – unlock the data 03
Governance and disciplined focus on the key aspects

8. Thank you!
The presentation and views expressed by the presenter are not intended to provide legal or other professional advice. The information contained in this presentation is general in nature and based on material available publically.