Lessons from Asia’s reopening

Good morning.

A quartet of Asia’s most successful business leaders shared lessons from their post-pandemic reopening with members of the Fortune CEO Initiative yesterday. My takeaways:

1) Digital transformation is accelerating everywhere.

“During the pandemic, all the brick and mortars moved to online, and all of them turned to online sales, not as an option, but as a necessity…This pandemic enhanced people’s online shopping habit and expanded their options from clothing and electronics to daily necessities like food and groceries…….Every single brick and mortar store has become a forward warehouse or forward kitchen to fulfill and deliver online orders.”