‘What was once unthinkable not only became possible, but the new norm’ – SME Chamber CEO

As a long-standing figure at the Malta Chamber of SMEs, Abigail Agius Mamo has contributed to the stability of the organisation and its regeneration and renewal. Her experience and expertise revolve around economic topics of competitiveness and sustainability of enterprises, representing the interests of businesses on high-level fora.

“Our ability to plan is one of the major changes following the pandemic, with the need for flexibility and resilience foregoing lead times and rigid advance planning practices. However, having long-term plans, visions and goals are still essential for forward-looking businesses.

“Malta should retain its current stability in 2023, since we have reassurances and safeguards in place that cater specifically for that. When compared to what is happening abroad, Malta is faring well due to our stability. Stability generates further growth and wealth, which in turn contribute to the positive economic cycle.

“There have been significant changes in the way companies conduct their business in recent years. Company and consumer expectations have changed dramatically, seen in almost everything from hiring practices and skills needs to personal priorities, growth strategies and contract terms. What was once unthinkable not only became possible, but the new norm.

“Businesses should look at their overall strategies for the next few years, including their position on important topics in today’s economic strategy such as digitalisation, sustainability and employee retention, while building their competitive edge through innovation.”

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