‘Stakeholders must now join their vision and implementation’ – KPMG Malta’s David Pace

David Pace heads the advisory function of KPMG in Malta: one of the broadest and largest multidisciplinary teams on the island servicing local and international clients in the private and public sectors.

“When navigating a ship, you may seek to chart the best course, but equally you must be ready to tackle the unpredictable waves as they hit – and a business has no option of a safe harbour.

“Resilience depends on how you respond, and how you prepare yourself to respond. Businesses should leverage the power of data as well as their teams’, customers’ and suppliers’ insights, while seeking out different ideas, exchanging perspectives and not forgetting the value of professional advice.

“In 2023, we need more entrepreneurially minded individuals and teams as business faces unprecedented challenges. During the pandemic, we saw adaptation to the new reality. More than ever, stakeholders must now join their vision and implementation to achieve an economic environment that works in the face of many moving parts.

“And, in terms of our positioning and resources, today affords far less room for error. The quality of good leadership thus makes a tremendous difference. Talent, grit and a desire to do good while doing well are increasingly important in today’s business environment.”

This feature was first carried in the MaltaCEOs 2023 print publication, the sister brand to MaltaCEOs.mt, both produced by Content House Group