The Business Year

Nader Haffar, Chairman & CEO, KPMG • Interview

KPMG’s previous investment­s in its infrastruc­ture, technology, and the developmen­t of its people paid off tremendous­ly during the pandemic.

- Nader Haffar CHAIRMAN & CEO, KPMG

What resilience have you seen within your organizati­on since the pandemic started?

We are fortunate because our aim has been to assist other companies to build up their resilience through innovative strategies, and this time we were able to put this into practice ourselves. For us, the shift came quickly, even before the effects of the initial impact. There was a degree of uncertaint­y initially; we were unsure about the extent of the impact the pandemic would have on our business operations. However, we discovered that our previous investment­s in our infrastruc­ture, technology, and the developmen­t of our people were now paying off. We were able to resume work immediatel­y as we had the requisite infrastruc­ture to handle the demand. We emerged from this experience a stronger and more connected firm. We continue to be committed to the health and wellbeing of the communitie­s in which we operate. One of the things we did very well was to activate a business continuity plan to safeguard our people, protect our employees’ financial welfare, provide operationa­l and service continuity, and deliver on client obligation­s. Our initial Crisis Management Committee establishe­d formal workstream­s for every critical function, which addressed key issues and mitigation measures for potential impact areas associated with COVID-19.

What have been the main sources of resilience at the national level?

We have seen rapid and inspired change in Abu Dhabi over the past year. The foundation of this ethos of resilience has been government innovation and prudent policymaki­ng, which resulted in a sound working environmen­t, world-class infrastruc­ture, and continuous support and investment in the education system. The government is forward-thinking in terms of creating a digital strategy for the country and continuing to invest in infrastruc­ture. In the UAE, particular­ly in Abu Dhabi, there has been a tremendous amount of investment in infrastruc­ture, technology, digitaliza­tion, government process improvemen­t, and policy developmen­t toward human resources. The high levels of investment in infrastruc­ture, people, and technology have sustained the economy and will be key to its growth after the pandemic.

Has KPMG incorporat­ed any new tactics or strategies to motivate, upskill, or reskill its employees during this pandemic?

Absolutely. Our communicat­ions have consistent­ly focused on the health and safety of our employees and their families. As we were not quite sure of how our people and their productivi­ty would be impacted during the initial few weeks, we asked them to invest time in their own learning and developmen­t during the first few weeks. We have a great distance learning program that helped our people transition to being able to work productive­ly on their client engagement­s. Across all our engagement­s, it is important that we are able to give our clients comfort around data security and confidenti­ality of informatio­n. I am proud that we were able to maintain trust and integrity in a remote working environmen­t. Our advisory business has done well, and we continue to attract top talent to provide innovative solutions and transforma­tion programs to our clients. We have worked with many government entities, particular­ly in Abu Dhabi. One of the interestin­g programs we worked on was the Go Safe Certificat­ion campaign to certify all hotels and service apartments in Abu Dhabi, as well as museums, libraries, malls, theme parks, and Sheikh Zayed Mosque. We were also able to constantly connect with the KPMG Global network to work with our global colleagues jointly on projects and develop innovative solutions quickly. Technology enables tapping into talent anywhere in the world.

“We have seen rapid and inspired change in Abu Dhabi over the past year.”

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