A recent report from the KPMG India CEO Outlook indicates a significant shift in corporate attitudes towards in-person work, with 91% of CEOs in India expressing readiness to reward employees who consistently attend the office. This is notably higher than the 87% of CEOs globally who share similar sentiments. The report highlights a growing emphasis on returning to pre-pandemic working norms, reflecting the belief that in-person collaboration fosters greater innovation and productivity.

The outlook, now in its 10th year, reveals that 78% of Indian CEOs expect a full return to the office within the next three years, compared to 83% of CEOs worldwide.

In addition to the focus on in-office attendance, the report underscores the importance of workforce development. Fifty percent of CEOs in India are prioritising the enhancement of workforce skills and capabilities, recognising the need to invest in human capital alongside technological advancements.

In an interview with CNBC-TV18, Yezdi Nagporewalla, CEO of KPMG in India, shared insights into the key concerns facing CEOs this year. He noted that operational issues have emerged as a primary worry compared to last year, alongside ongoing concerns around cybersecurity and geopolitical factors. However, Nagporewalla highlighted that technology — particularly artificial intelligence — has taken a more prominent role in discussions this year.

“Compared to last year, I would say aspects of operational issues have emerged as a key concern. Along with cybersecurity, the element of geopolitics remains consistent, but aspects of technology have taken a higher pedestal this year, particularly regarding AI, as you would expect,” he said.

Nagporewalla also emphasised the importance of the employee value proposition, stressing that attracting and retaining top talent is crucial for companies aiming to thrive in a competitive landscape.

“Another key operational priority is the entire employee value proposition, focusing on how to attract and retain talent. These are the aspects that are coming through this year.”

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