Chemical companies face a range of disruptive forces, from dwindling resources and changing populations to advancing technology and ongoing volatility—all taking place at an increasing pace. Some of these present serious challenges but others offer new opportunities.
To win in the coming years, chemical companies will need to consider new approaches to technology, customers, business models, innovation, operations and the workforce—and chart a clear course forward. Implementing these new approaches will take time, which means chemical companies should begin sooner rather than later. Those that do will be in position to build a more resilient business, forging a bright future for themselves, for the industry and for the world.
Accenture’s Chemical Industry Vision 2016 is a forward-looking report that examines several key megatrends that will change business and society in the coming years. Building on those insights, the report discusses how those changes will reshape the chemical industry landscape and outlines six CEO agenda action items that can help reduce risk and exploit opportunities.
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