HLB Russia welcomes ADE Professional Solutions

16 August 2021

HLB continues its expansion, with the addition of ADE Professional Solutions in Russia. Based in Moscow the company was founded in 2004 and has Russian and international clients covering multiple sectors.



Dimitry Sklyarov, Partner and General Director of ADE Professional Solutions said: “Joining HLB Global will increase our presence in the international consulting market. We would like to share our expertise and co-operate with other HLB members to increase the quality and coverage of our services. We enjoy working on complex and interesting projects and gaining professional satisfaction from each one.”

Marco Donzelli, CEO of HLB said: “We are very pleased to welcome ADE Professional Solutions to HLB Russia, which further expands the services we can offer to our international clients. We look forward to working with them as our network continues to grow.”





About HLB

HLB International is a global network of independent professional accounting firms and business advisers. Formed in 1969, we service clients through our member firms in 159 countries, with 32,839 partners and staff in 968 offices worldwide.

Learn more about us and tell us what matters to you by visiting www.hlb.global

HLB refers to the HLB International network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.hlb.global/legal for further details.

© 2021 HLB International limited. All rights reserved.

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HLB partners with leading Robotic Process Automation innovator ElectroNeek

23 July 2021

HLB, the global advisory and accounting network, has announced a strategic partnership with ElectroNeek, ElectroNeek is a leading global Robotic Process Automation vendor for Managed Service Providers, System Integrators and IT teams. Its technology allows bots to run without an RPA license in any environment, increasing the scalability of RPA initiatives and significantly driving down RPA implementation costs. This exciting new partnership will enable HLB firms to provide even greater client capacity and service experience through innovative technology that will automate accounting and give hours back to staff to focus on client advisory services.

Jim Bourke, HLB Global Advisory Leader, said “A key driver of what we’re doing here at HLB is identifying and placing leading-edge technologies in the hands of all our firms around the globe.  We know that through embracing technology we’ll continue to be empowered to deliver advisory services to our clients and partnering with ElectroNeek is only going to enhance our offering. This partnership is just one of the many ways we’re embracing technology to take our services to the next level.”

 

This exciting new partnership between ElectroNeek and HLB speaks to HLB’s mission of helping HLB firms with their continued digital transformations and aligns perfectly with the network’s strategy of building a future-proof organisation of leading advisory professionals.



Quote from Affinity partner

Dmitry Karpov, co-founder and CIO of ElectroNeek, said

Partnership with such a global and experienced Managed Services company as HLB International will allow us to increase the footprint of Robotic Process Automation in organisations all across the world. This business partnership goes beyond the technology and ElectroNeek’s team is committed to provide tools and best practices to accelerate the pace of digital transformation among HLB member firms and their clients”.

 

 

Affinity partner description

ElectroNeek is a leading Robotic Process Automation vendor for Managed Service Providers and IT teams. One of the central goals of the ElectroNeek Global Partnership program is to help service businesses grow and build market-leading RPA practices. ElectroNeek key products, Studio Pro IDE where customers can build the limitless amount of bots with no bot licenses, and SaaS Orchestrator where they can administer all their automations from the single control room, empower companies to provide scale automation infinitely, both internally and for their clients.

 

ElectroNeek’s partnership with HLB International will expand the technology company’s impact in the Accounting industry, already supported by the status of Sage’s preferred RPA vendor and recently closed investment from AICPA.





About HLB

HLB International is a global network of independent professional accounting firms and business advisers. Formed in 1969, we service clients through our member firms in 159 countries, with 32,839 partners and staff in 968 offices worldwide.

Learn more about us and tell us what matters to you by visiting www.hlb.global

HLB refers to the HLB International network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.hlb.global/legal for further details.

© 2021 HLB International limited. All rights reserved.

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HLB volunteers 5,007 hours to support environmental projects and local communities

20 July 2021

LONDON – On Friday 4 June, HLB came together for its 3rd #HLBCommunities Day, supporting environmental projects and local communities.  Through the network’s global Corporate Social Responsibility initiative, #HLBCommunities Day saw HLB collectively volunteer 5,007 hours, through 790 people, across 20 community projects.



As this year’s #HLBCommunities Day fell just before World Environment Day, the 2021 theme was on ecosystem restoration and helping our environments and communities to thrive.  Despite the continuing challenges of COVID-19, firms took part in projects such as restoring local parks, collecting and removing waste, replanting mangroves, sowing seeds, planting trees, and helping with recycling and waste collection projects.

Marco Donzelli, HLB’s Chief Executive Officer, said: “It’s great that despite the continuing presence of COVID-19, so many people from our firms were able to take part in projects to help their local communities.  Working on these environmental projects also enabled some teams to come together for the first time in months. As a network, and as communities, we achieve so much more when we work together.”





About HLB

HLB International is a global network of independent professional accounting firms and business advisers. Formed in 1969, we service clients through our member firms in 159 countries, with 32,839 partners and staff in 968 offices worldwide.

Learn more about us and tell us what matters to you by visiting www.hlb.global

HLB refers to the HLB International network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.hlb.global/legal for further details.

© 2021 HLB International limited. All rights reserved.

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New HLB Colombia Federation welcomes C&C Consultorias

12 July 2021

HLB continues its growth with the addition of C&C Consultorias SAS in Bogota, Colombia, and the creation of HLB Colombia.

Established in 2010, the firm’s founding partners have over 27 years’professional consulting epxerience across multiple economic sectors throughout Colombia, with a focus on accounting outsourcing.  C&C Consultorias SAS will now join HLB Penalosa Consultores and HLB CGI Colombia in the creation of a HLB Colombia federation.  The three firms will provide different services and work together under the same brand, HLB Colombia.

Image: HLB Colombia, from left - Carlos Camacho (HLB GCI), Daveiya Reyes (CYC Consultorias SAS), Jose Alberto Penaloza (HLB Penalosa Consultores SAS)



Mrs Daveiya Reyes, Managing Partner of C&C Consultorias SAS commented:

“Having carved out a successful professional path in our own country, we are proud to be joining the HLB Global network, which is synonymous with quality and professionalism.  As part of HLB Colombia we can provide additional value to our current clients, and offer even greater support to new ones.  We look forward to contributing to a successful alliance.”

Marco Donzelli, CEO of HLB said:

“We are delighted to welcome C&C Consultorias to HLB Colombia.  Together we will grow HLB’s presence and offering in this region, bringing additional services and expertise to our international clients.”

 





About HLB

HLB International is a global network of independent professional accounting firms and business advisers. Formed in 1969, we service clients through our member firms in 159 countries, with 32,839 partners and staff in 968 offices worldwide.

Learn more about us and tell us what matters to you by visiting www.hlb.global

HLB refers to the HLB International network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.hlb.global/legal for further details.

© 2021 HLB International limited. All rights reserved.

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HLB Italy welcomes Studio Morandi

10 June 2021

HLB continues its expansion, with the addition of Studio Morandi in Italy.  Founded in 1957, Studio Morandi specialises in tax compliance and the preparation of financial statements.  They have two offices in Correggio (RE) and Reggio Emilia (RE).



Mr Giulio Morandi, Name Partner of Studio Morandi said “It is a privilege to be a member of such an important global network.  This partnership with HLB will allow us to enrich the services provided to our customers with highly qualified international collaborations and will be a valuable opportunity for professional growth for us.”

Marco Gragnoli, Chairman of HLB Italy said “I am very happy to welcome this important addition to our network.  Studio Morandi shares the values of HLB Italy – our commitment to developing new skills, and providing excellent client service.”

Marco Donzelli, CEO of HLB commented “We are very pleased to welcome Studio Morandi to HLB Italy.  As part of our global network they will be better positioned to service their international clients, offering them new opportunities for growth”.





About HLB

HLB International is a global network of independent professional accounting firms and business advisers. Formed in 1969, we service clients through our member firms in 159 countries, with 32,839 partners and staff in 968 offices worldwide.

Learn more about us and tell us what matters to you by visiting www.hlb.global

HLB refers to the HLB International network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.hlb.global/legal for further details.

© 2021 HLB International limited. All rights reserved.

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HLB expands its reach in Mexico

28 May 2021

Monterrey – HLB’s growth and expansion continues, with the recent appointment of its newest member firm in Mexico, HLB Alerex SC.

Joining as part of the HLB MExico Federation, HLB Alerex SC is an accounting firm with offices in Monterrey, Nuevo Leon



HLB Alerex SC is led by Managing Partner Jesús Leopoldo Montemayor Garcia, who said: “Our firm has always aimed to be recognised for the highest standards of auditing and assurance services, provided by our team of dedicated world-class professionals.  We are very proud to be part of the HLB network and expect to build great business relationships and opportunities”.

Marco Donzelli, CEO of HLB commented “We are pleased to welcome HLB Alerex SC to our growing network in Mexico. This will enable HLB to better service our international clients, leading to new opportunities.”

The addition of HLB Alerex SC continues HLB’s transformation and moves us closer to achieving our Shaping our Shared Future objectives.





About HLB

HLB International is a global network of independent professional accounting firms and business advisers. Formed in 1969, we service clients through our member firms in 159 countries, with 32,839 partners and staff in 968 offices worldwide.

Learn more about us and tell us what matters to you by visiting www.hlb.global

HLB refers to the HLB International network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.hlb.global/legal for further details.

© 2021 HLB International limited. All rights reserved.

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HLB appointed as Official Supervisor of PropertyGuru Asia Property Awards

7 April 2021

BANGKOKPropertyGuru Asia Property Awards, the region’s most exclusive and prestigious real estate awards programme, are pleased to welcome HLB, the global network of independent advisory and accounting firms, as the Official Supervisor.

Through this partnership, HLB will help strengthen the 16-year-old awards programme’s reputation as the ‘Gold Standard’ in real estate in the Asia Pacific region, boosted by the auditing firm’s global presence and expertise in the international property market.

Jules Kay, managing director of PropertyGuru Asia Property Awards & Events, said: “We are pleased to have HLB join the PropertyGuru Asia Property Awards programme as our Official Supervisor. Their expertise and global reach will enable the Awards series to reach greater heights and ensure continued credibility, fairness and transparency — crucial values the Awards have been known for throughout its 16-year history.”

Marco Donzelli, Global Chief Executive Officer of HLB, said: “HLB appreciates greatly the opportunity to become the Official Supervisor of the judging process of PropertyGuru Asia Property Awards. With more than 50 years’ practice in global contexts and the pursuit of quality and integrity, HLB is confident that we bring a level of credibility to this leading awards series in the real estate sector in Asia.”

Founded in 1969, HLB serves clients through their member firms in 159 countries, with 32,839 partners and staff in 968 offices across the globe. Their services range from management consulting; financial, legal, technology, and risk advisory; global accounting and compliance services; sustainability audit and reporting; private client services; and more.

With their pro-active thinking and creative business approach, HLB’s network has dedicated the past five decades to creating value and maximising opportunities for clients in an array of industries, including real estate and construction, manufacturing, and wholesale and retail, among others.



“In part thanks to our strong global real estate expertise, we are able to share best practice, as well as add value to our clients’ local and global growth. We look forward to our collaboration with PropertyGuru, to add value to both the local and global real estate communities,” Donzelli added.

As the Official Supervisor of the PropertyGuru Asia Property Awards, a representative from the local HLB office will be involved in all stages of the judging process to ensure that everything and everyone abides by the standards, from reviewing completed entry forms to participating in all judges’ meetings, to joining virtual or physical site inspections, and approving the final results.

HLB’s supervisory role spans all 16 markets covered by the PropertyGuru Asia Property Awards 2021 series, including Thailand, Singapore, Indonesia, Malaysia, Vietnam, Mainland China, Hong Kong, Macau, the Philippines, Cambodia, Myanmar, Sri Lanka, Maldives, India, Japan and Australia, as well the Grand Final in December when country winners from the aforementioned markets will gather to compete for more regional accolades. The Grand Final will be supervised by Paul Ashburn, HLB’s co-managing partner in Thailand, who has been part of the Asia Property Awards programme since its first gala event.

Launched in 2005, the PropertyGuru Asia Property Awards has an unparalleled reputation for being credible, fair, and transparent, with an independent panel of judges in each market comprising industry experts and luminaries. The programme hosts several annual gala events in physical, virtual, or hybrid formats, welcoming hundreds of C-level executives, senior industry figures, and property seekers from around the region.

A total of 384 country and regional awards were presented to the finest developers in the region in 2020, when the PropertyGuru Asia Property Awards launched its online gala series –– the first of its kind in the Asia-Pacific region. The series was viewed more than 516,000 times and reached viewers and property investors in more than 75 countries worldwide.

This year, the exciting awards gala series will premiere simultaneously on the same day on AsiaPropertyAwards.com/tv-podcast and the official channels on Facebook, LinkedIn, Twitter and YouTube. The highlights will air on the History & Lifetime channels of the A+E Networks, the Official Cable TV Partner of the Awards, reaching even more international audiences.





About HLB

HLB International is a global network of independent professional accounting firms and business advisers. Formed in 1969, we service clients through our member firms in 159 countries, with 32,839 partners and staff in 968 offices worldwide.

Learn more about us and tell us what matters to you by visiting www.hlb.global

HLB refers to the HLB International network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.hlb.global/legal for further details.

© 2021 HLB International limited. All rights reserved.

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HLB partners with leading technology innovator Botkeeper

22 March 2021

LONDON – HLB, the global advisory and accounting network, has announced a strategic partnership with Botkeeper, a leading ‘service as a software’ provider and industry disruptor. This exciting new partnership will enable HLB firms to provide even greater client capacity and service experience through innovative technology that will automate accounting and give hours back to staff to focus on client advisory services.

Jim Bourke, HLB Global Advisory Leader, says “A key driver of what we’re doing here at HLB is identifying and placing leading-edge technologies in the hands of all our firms around the globe.  We know that through embracing technology we’ll continue to be empowered to deliver advisory services to our clients and partnering with Botkeeper is only going to enhance our offering. This partnership is just one of the many ways we’re embracing technology to take our services to the next level.”

This exciting new partnership between Botkeeper and HLB speaks to HLB’s mission of helping HLB firms with their continued digital transformations and aligns perfectly with the network’s strategy of building future-proof organisation of leading advisory professionals.



“My favourite partnerships are with those organizations who share our vision and purpose, hence my excitement to announce Botkeeper’s partnership with HLB” said Enrico Palmerino, CEO at Botkeeper. “Botkeeper was built to empower accountants by automating tedious and repetitive processes, digitally transforming paper heavy accounting practices, and expanding the human potential of accountants by allowing them to be more strategic and thoughtful. Simply put, we want to help our partners ‘achieve a leaner, greener, keener vision,’ which is HLB’s core focus.

Botkeeper has built a first-of-its-kind model that alleviates firms of their accounting challenges and also connects their partners with businesses in need of support. Using a unique combination of machine learning, practice management tools, and skilled accountants, Botkeeper removes the barriers of accounting by automating the manual and labour-intensive work that is needed to deliver clean financial results. Botkeeper is furthering enabling the accounting profession by providing a new lead generation option to help facilitate the growth and prosperity of firms using their solution. This means Botkeeper wants to help firms by optimising efficiency and profitability to drive growth, lead generation, and revenue opportunities.





About HLB

HLB International is a global network of independent professional accounting firms and business advisers. Formed in 1969, we service clients through our member firms in 159 countries, with 32,839 partners and staff in 968 offices worldwide.

Learn more about us and tell us what matters to you by visiting www.hlb.global

HLB refers to the HLB International network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.hlb.global/legal for further details.

© 2021 HLB International limited. All rights reserved.

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Agility in face of challenging year leads HLB to 12% growth

18 March 2021

LONDON – HLB, the global network of independent advisory and accounting firms, has announced global revenues of $3.28 billion, a 12% growth increase from the previous year.

In its newly published Global Annual Review, 2020 saw HLB gather pace in its transformation into a future-proof organisation. Despite the challenging year, the network’s exceeded expectations and continued its progress to its 2023 vision, Shaping Our Shared Future. has been spearheaded by many factors, Including:

  • 23 acquisitions and 15 newly appointed firms
  • Continued focus on diversification into advisory services, leading to a 26% increase in advisory fee income
  • Particularly strong growth in Europe and North America, which saw a 33% growth in fee income
  • A 12% rise in overall headcount

 



Marco Donzelli, HLB Chief Executive Officer says: “2020 was an unprecedented year, which makes me even prouder of the agility and resilience our firms have shown during this time. Our continued adoption and investment in technology to change the way we work enabled us to respond rapidly to virtual working, while ensuring the business continuity of our clients. Technology also allowed us to prioritise and support the wellbeing of our people as they navigated the various challenges brought on by the pandemic. While we enter 2021 in a strong position, and in light of the global vaccine rollout, we’re cautiously optimistic about the future. Guided by our strategic vision, our focus remains the same and I am confident we will continue to move forward and achieve our 2023 objectives.”

HLB now ranks as a Top 11 network by global combined revenues and global headcount in the latest World Survey published by International Accounting Bulletin (IAB) for the year ended December 2020.





About HLB

HLB International is a global network of independent professional accounting firms and business advisers. Formed in 1969, we service clients through our member firms in 159 countries, with 32,839 partners and staff in 968 offices worldwide.

Learn more about us and tell us what matters to you by visiting www.hlb.global

HLB refers to the HLB International network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.hlb.global/legal for further details.

© 2021 HLB International limited. All rights reserved.

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HLB expands its reach in Ecuador

22 January 2021

QUITO – HLB’s expansion into Latin America continues, as it welcomes its newest member firm in Ecuador.

The firm, previously known as EW Group will now trade as HLB Ecuador jointly with the existing HLB member firm in the country, HLB Consultores Moran Cedillo, which was established 27 years ago and has offices in  Guayaquil, Quito and Cuenca. EW Group is one of Quito’s leading professional services firms with expertise in audit, tax and financial advice, accounting and in legal and tax services. Established in 2014, the firm’s client base covers a variety of industries including airline, health, manufacturing, oil, gas & energy, and retail. The firm’s office is in Quito, the capital of Ecuador.



The firm is led by Managing Partner, Santiago Torres. Commenting on joining HLB, Santiago says: “For our firm it is an honour to be a member of such an important international network. Our professional experience and people will be our best assets as we approach this next exciting chapter. By joining HLB, we will improve and grow not only for our clients, but also our people.”

Marco Donzelli, CEO of HLB, comments: “We’re pleased to be welcoming EW Group and expanding our capabilities across this region. This forward-thinking firm will position HLB as a leading network in Ecuador and give domestic and international clients a competitive advantage.”

Working in close collaboration, our two member firms in the country will now provide the full range of services and geographical cover, creating a strong HLB Ecuador brand in the marketplace.





About HLB

HLB International is a global network of independent professional accounting firms and business advisers. Formed in 1969, we service clients through our member firms in 159 countries, with 32,839 partners and staff in 968 offices worldwide.

Learn more about us and tell us what matters to you by visiting www.hlb.global

HLB refers to the HLB International network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.hlb.global/legal for further details.

© 2021 HLB International limited. All rights reserved.

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Business leaders remain confident in a challenging year

14 January 2021

LONDON – Despite global economies reeling from the impact of COVID-19, business leaders are confident in their ability to generate growth in 2021, even as their expectations of global economic growth decline. This is one of the key findings from HLB’s Survey of Business Leaders – Achieving the Post-Pandemic Vision: Leaner, greener and keener which launched today. To gain insights into the concerns and priorities of business leaders in 2021, HLB surveyed 583 clients and other business leaders in C-suite positions across five continents.

While business leaders are worried about the implications of the pandemic, they believe that the pandemic will ultimately provide a unique opportunity to rebuild back better.

Commenting on the findings, Marco Donzelli, HLB’s Global CEO, says: “2020 was a year like no other. The contraction of global economies saw many organisations having to rethink their transformational plans and focus on survival. Yet within these exceptional times comes opportunity and we are already seeing signs of the next phase of growth. In addition, a mindset shift is happening across all businesses with social imperatives taking higher priority. The future is still uncertain, but we have found that the vision for the post-pandemic world is leaner, greener and keener.”

A crisis that made us think
As expected, the global pandemic is having an impact on the outlook for economic growth and although vaccines are now being rolled out, much uncertainty remains. 81% of leaders are worried about the implications of the pandemic and nearly 54% expect the rate of global growth to decline this year. However, others recognise that often disruption creates opportunity. This could explain why 42% of leaders plan to bring new products or services to the market and 76% are confident in their own ability to grow revenue over the next twelve months. While economic uncertainty remains a top concern for business leaders (over 77%), issues such as geopolitical uncertainty, regulatory change and social instability remain top concerns and will have an impact on the post-pandemic business climate.

From East to West, evolving strategies for recovery.
While business leaders in different regions and industries are united by the same preoccupations, they have different action plans for growth. The first to emerge from the worst of the pandemic, China’s business leaders are the least concerned about the impact of COVID-19 (67% vs 81% of their global peers). They are also least concerned about economic uncertainty (62% vs 77% of their global peers). This sense of being ahead of the recovery curve is also evident in the activities business leaders are focusing on in the next 12 months. The US and the UK business leaders share their top three priorities — improving efficiency, reducing costs, and building organic growth. Executives in China are also focused on operational efficiency; however, they are more intent on launching new products and services (53% vs 42%) and more likely than their peers to be seeking strategic partnerships (41% vs 27%) and collaborating with entrepreneurs (29% vs 21%).



Thank goodness for technology
Technology has played a crucial role in ensuring businesses not only survive but thrive through the pandemic. Investments in new digital technologies and capabilities, previously positioned further down on strategic roadmaps, have become a necessity to maintain operations, with 35% identifying this as an area of weakness to be addressed over the next 12 months. Not surprisingly, nearly 50% of leaders ranked ‘cloud computing’ as the most important technology for enabling future success. With increased cloud-based operations, cybersecurity becomes a higher priority. So we were surprised that less than half of the leaders we spoke with (47%) were concerned by potential cybersecurity issues, and even fewer (13%) identified digital security as an operational weakness.

Missing the human touch
Digital platforms have saved many businesses through the pandemic. However, they have also introduced new and different challenges. 84% agreed that it’s been difficult to foster the ‘human touch’ in these times of social distancing and remote working. The ability to collaborate (with colleagues and clients) is most missed, selected by over half of business leaders and over a third of respondents (37%) also acknowledge the difficulties of sparking creativity via digital means.

Diversity – a salient competitive driver
Diverse talent and their thinking bring the edge leaders increasingly seek to drive innovation and execute at speed. It is no wonder that 85% agree that building diversity in the board and workforce is increasingly important. In fact, 82% of business leaders are certain that a more diverse and inclusive workforce will ultimately improve their financial performance. In addition, 93% acknowledge that it is more important than ever to ensure equal support and opportunities for all their people.

New talent imperatives
The talent marketplace has also been impacted by the pandemic. Despite new opportunities to fill gaps with remote hiring, 47% of leaders still see ‘access to talent’ as a risk to their operations and over a quarter (26%) identify ‘talent acquisition’ as an area of weakness needing improvement. Yet businesses are still struggling to find the ‘right fit’ for their organisations, leading an increasing number of leaders (21%) to collaborate with entrepreneurs to fill in the gaps in skills and technical capabilities. More flexible working will undoubtedly continue, so employers are now turning their attention to creating a happier workforce. Staff physical and mental well-being is a top priority for 93% of employers, an especially reassuring figure, considering the emotional toll on workers in 2020. Having a strong employer brand, backed by internal organisational policies, promoting well-being, is just the first step towards wider transformation. The decisions businesses make today regarding larger societal trends will directly reflect on their brand at large, facilitating or hindering their ability to win over new consumer demographics, as well as recruit new talent. In fact, 91% of leaders believe that how they respond to events that impact society reflects on their brand and on how customers think of them.

Rebuilding back better
For many businesses, the ‘reset’ caused by COVID-19 is an opportunity to reflect on their business model considering new social imperatives. A large majority of leaders (91%) are confident in their ability to successfully steer the business in a new direction in response to the impact of COVID-19. To survive the disruption, most leaders are understandably focused on increasing resilience: 65% plan to further increase their operational efficiency and cost reduction is a priority for nearly half (48%). But, responding to events which impact on society and the planet is not only positive for brand and customer perception. In fact, 77% of business leaders see the recovery phrase as an opportunity to make changes to their business to profit in the low-carbon economy of the future. The decisions business leaders make every day, to adapt and survive will determine whether they will succeed or fail.

Momentum for the next cycle of growth
Last year we asked business leaders if they were ready for the execution challenge of the next decade. Already, structural changes in 2020 have accelerated the end of some sectors and the beginning of others. Early adopters are seeking out new differentiated growth opportunities in countries, segments and in sectors across the globe. Some have moved quickly to make the most of these opportunities which present themselves at points of disruption and change. Future winners will find that the pandemic has provided a helpful catalyst to adapt to new business models, embed digital and ensure a strong pipeline of diverse talent and ideas required to rebuild their businesses to be leaner, greener and keener.

About our research
Between September and November 2020, HLB has collected 583 survey responses from business leaders across 55 countries and a range of industry backgrounds. Responses were collected via an online survey tool or telephone interview. The research sample was selected and controlled via HLB firms with their CRM data. In addition to the quantitative data, six in-depth CEO interviews were conducted via video calls.

A copy of the full report can be found here

Note that not all figures in this report sum up to 100% as a result of rounding percentages, excluding neutral responses or when respondents could choose more than one answer. The base for all figures is 583 (all respondents) unless otherwise indicated.





About HLB

HLB International is a global network of independent professional accounting firms and business advisers. Formed in 1969, we service clients through our member firms in 159 countries, with 32,839 partners and staff in 968 offices worldwide.

Learn more about us and tell us what matters to you by visiting www.hlb.global

HLB refers to the HLB International network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.hlb.global/legal for further details.

© 2021 HLB International limited. All rights reserved.

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HLB launches Sustainability and CSR advisory services

7 December 2020

MALTA – As global organisations recognise the importance of sustainability and the benefits for growth, HLB launches its support for businesses through its sustainability and Corporate Social Responsibility (CSR) advisory services.

Part of HLB Malta, HLB Sustain CSR will enable the launch and development of this new service offering globally. Playing a pivotal role in HLB’s diversification plans, HLB Sustain CSR specialise in developing and embedding sustainability strategies for organisations to gain competitive advantage and resilience through compliance, business optimisation, business growth and managed business risk. Their expertise ensures global organisations create strategic sustainability roadmaps for success, especially in these uncertain times.



HLB Sustain CSR is led by Managing Director Manosij Ganguli, who will take on the role of Global Sustainability Leader for the network. Commenting on joining HLB, he says: “Together with the other Directors in the senior leadership team – Vijay L Narasimhan and Eddy Quah, we are delighted to join the HLB family and we look forward to working with all the HLB firms in providing these advisory services to clients globally.”

Marco Donzelli, HLB CEO says: “Not only is sustainability a key business imperative, but it’s been proven to help businesses not only sustain but evolve through uncertain economic times. That is why the launch of our new sustainability and CSR advisory services could not have come at a better time. Our collaborations with our clients will be deepened by the expertise that HLB Sustain CSR provides, as we work together to create a more sustainable future for us all.”    

The addition of HLB Sustain CSR moves HLB closer to the vision of achieving our Shaping our Shared Future objectives and becoming a future-proof organisation.





About HLB

HLB International is a global network of independent professional accounting firms and business advisers. Formed in 1969, we service clients through our member firms in 159 countries, with 32,839 partners and staff in 968 offices worldwide.

Learn more about us and tell us what matters to you by visiting www.hlb.global

HLB refers to the HLB International network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.hlb.global/legal for further details.

© 2021 HLB International limited. All rights reserved.

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