The 10 Business Leaders Transforming Their Industries, 2023

VOL 09 I ISSUE 01 I 2023 L E A D E R S The 10 Business Leaders Transforming Their Industries, 2023 Inside the Mag: Renewable Energy Microgrids Revolutionizing Energy Distribution in Remote Areas see page 16 The Electric Revolution Leaders and the Automotive Industry's Green Transition see page 20 ristoph ristoph A Cloud Above the Rest: A Cloud Above the Rest: Carter's Approyo Adventure Carter's Approyo Adventure www.thecioleaders.com

Leadership being It is about making everyone is not about the best. else better. LEADERSHIP

E E E E Defining the Attributes of Excellence O managers, there are very few excellent leaders who have the ability to bring life, passion, and connec?on to their ac?ons and behaviors. Along with a crystal-clear vision, mission, and dedica?on to integrity that directs them in everything they do to improve the world. ne of the most crucial leadership traits that sets great leaders apart from average ones is the capacity to inspire. While there are many excellent environment where people can come together to share their experiences, knowledge, opinions, and ideas resul?ng in disrup?on and innova?on. Accep?ng collabora?on encourages people to step outside of their comfort zones and learn from one another while achieving great things. Employees then become more self- assured and eager to take on more responsibility. Those who are inspira?onal leaders lead with a strong sense of purpose and obliga?on to effect posi?ve change. They know exactly what their values are and don't give in when under pressure to do something that would require sacrificing those values. Embracing the journey of such resolute leadership charismas, The CIO Leaders features the enthralling stories of the astute personas of the industry in its latest edi?on, “The 10 Business Leaders Transforming Their Industries, 2023.” Editor’s Desk Editor’s Desk They might not always become well-liked for this, but in order to grow and scale the progress eventually, these adept personali?es understand the essen?al aspects that are focused on cul?va?ng an environment that makes their employees feel comfortable coming and talking to them. Flip through the pages and embrace the odyssey of exploring the dis?nct approaches to cul?va?ng wisdom driven by passion and innova?on. Have a Deligh?ul Read! Inspiring leaders behave honorably because they are aware that their employees are constantly watching and that every ac?on counts. They adhere to their values and incorporate them into everything they do as a result. Moreover, risk-taking ability is an essen?al part of leadership. Rosa Parks, Henry Ford, and Elon Musk are a few leaders who have made a difference in this world by taking courageous risks. Abhishek?Joshi Successful teams inspire inspira?onal leaders to be dedicated to and mo?vated by their work. They foster an

TE TE COVER STORY 08 Christopher A Cloud Above the Rest: Carter's Approyo Adventure Articles Articles 16 Renewable Energy Microgrids Revolu?onizing Energy Distribu?on in Remote Areas 20 The Electric Revolution Leaders and the Automo?ve Industry's Green Transi?on

D Company Name Kano Electricity Approyo QMIC eXtra IT & Data Qinvest LLC Featured Person Aminu Garba Christopher Carter Hamid Menouar Iman Elnashar Jacky Koh John Mankarios Brief Aminu is an accomplished ICT professional with vast experience In a world where technology reigns supreme, Christopher in delivering business bene?its through Integrated Business and Approyo, Inc. are trailblazing a path to success by Hamid spearheads the design and development of cutting-edge Iman works on complex transformations, product start-ups, Distribution Plc approyo.com qmic.com extra.com Analytics Director qinvest.com L E A D E R S System Applications and bespoke solutions across multiple helping organizaons harness the power of SAP and, in solutions aimed at enhancing the quality of life, by leveraging scale-ups, delivery, and scale to end-to-end digital factories and Jacky has over 15 years of executive-level experience identifying, John is experienced in IT Management with a CIO kedco.ng areas. Chairman & CEO Principal R&D and Director of Digital Merry D'Souza Editor-in-Chief turn, achieve their most ambious goals. state-of-the-art technologies such as AI, IoT, ITS, Drones, etc. has over a decade in a variety of domains. qualifying, building, and implementing enabling technologies. demonstrated strong experience in Microsoft Deputy Editor Abhishek Joshi Muskan Kapoor FOLLOW US ON Innovation Lead Experience and Product, IT and Data Analytics Managing Editor Assistant Editor https://www.facebook.com/thecioleaders/ https://www.linkedin.com/company/ CREDITS Anish Miller the-cio-leaders David King Visualizer Regional Director Vice President CONTACT US ON Art & Design Director Ankita Pandharpure Email Associate Designer Revati Badkas info@thecioleaders.com For Subscription https://thecioleaders.com/ Senior Sales Manager Sihanee M. Marketing Manager John Matthew Infrastructure, Cloud adoption, and Digital transformation and strategy. Copyright © 2023 thecioleaders, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Technical Head SME-SMO Executive Prachi Mokashi Sagar Lahigade Kareem is an experienced Human Resources Lead, with a A talented, strategic and innovative business leader, Shoyinka Sudarsan is an entrepreneurial-spirited, pioneering The London Institute MTN Nigeria KeepFlying LinkedIn Kareem Refaay Shoyinka Shodunke Lakshmikumar Susana Correia demonstrated history of working in the banking industry and he has a strong background in formulating business strategies and technologist who has has a passion for technology-led Susana has over 20 years of experience and at LinkedIn, of Banking & Finance mtn.com keep?lying.aero linkedin.com Managing Director Chief Information Sudarsan Co-founder and Chief Regional leader (Staf?ing is skilled in Business Planning, Sales, Training Delivery, technology, mitigating operational risks, transforming services, focusing on transformative solutions, digital she provides innovative solutions for her customers and libf.ac.uk MENA and GULF Of?icer Technology Of?icer and Scaled)-LinkedIn Management, and Business Relationship Management. businesses, capital project execution, etc. services design, and product design. partners using her expertise in AI and tech. Bristol P. Business Development Manager David, Akash Sales Executives Business Development Executives Steve, Joe Digital Marketing Manager Dominique T. thecioleaders. Reprint rights remain solely with thecioleaders. Research Analyst Circulation Manager Database Management Technology Consultant Frank Adams Robert Brown Stella Andrew David Stokes contact@thecioleaders.com September, 2023 Talent Solutions MENA

Cover Story Cov Story ristoph ristoph A Cloud Above the Rest: A Cloud Above the Rest: Carter's Approyo Adventure Carter's Approyo Adventure Christopher Carter | Chairman & CEO | Approyo

Cover Story The 10 Business Leaders Transforming Their Industries, 2023 T Leadership Metamorphosis he landscape of IT services and consul?ng is home to leaders who stand out, paving the way for innova?on and excellence. These leaders embrace risk, encourage crea?vity and innova?on, work collabora?vely with others and drive progress and growth in the field. Christopher Carter, the Chairman & CEO of Approyo, is a dis?nguished figure in the IT domain. Christopher, a visionary leader. Under his guidance, Approyo has not only thrived but has also become a driving force in simplifying SAP for businesses worldwide. In Christopher’s world, leadership isn’t just a ?tle—it’s a way of life. He emphasizes, “If you do not have the passion to lead, to be a leader and to drive an organiza?on to success, you’re nothing more than a follower who thinks they could.” It’s not about having a fancy job ?tle—it’s about taking the reins and steering the ship towards success. Christopher reflects on his leadership style, sta?ng, “My leadership approach does grow on a year-to-year basis, will it change from the core leadership that I have? No! but it will adapt and grow along with the ac?vi?es that are going on in the world today.” While his core principles remain steadfast, he recognizes the need for adapta?on in a changing world. In a world where technology reigns supreme, Christopher and Approyo, Inc. are trailblazing a path to success by helping organiza?ons harness the power of SAP and, in turn, achieve their most ambi?ous goals. Imagine this scenario: A mul?na?onal corpora?on is at a crossroads, seeking a technology solu?on that will propel them into the future. They require not just any solu?on but one that aligns perfectly with their unique goals and objec?ves. This is where Approyo comes into play, providing full-service technology solu?ons with a par?cular focus on cloud-based SAP consul?ng, solu?ons architecture, hos?ng and managed services. But passion alone isn’t enough. Christopher knows that to be an effec?ve leader, you must possess the drive and capabili?es to lead from the front. He advises, “If you do not have the passion, the drive and the capabili?es to jump out in front to support your team and to lead, you must be that in order to start second.” In other words, leadership is not just about words—it’s about ac?on. A true leader leads by example, se?ng the standard for their team. Let’s explore the journey of Christopher which embarks towards streamlined, efficient and innova?ve IT solu?ons! He stays vigilant in staying updated, no?ng, “I will always be following and monitoring the new trends, some of those are just trends but some of those are ac?vi?es that will s?ck and will need to be followed upon as part of my leadership.” Christopher’s commitment to con?nuous learning ensures he remains an effec?ve leader. Beyond the Corner Office Christopher knows that passion is the key to success in any endeavor. He firmly believes, “First and foremost, you must have a passion for what you’re doing.” It’s this burning desire that fuels his journey as a leader. At the helm of this remarkable company—which specializes in making SAP simple for organiza?ons around the globe is One of Christopher’s golden rules of leadership is the importance of listening. He wisely points out, “You must have great listening skills—God gave you two ears and one mouth—use them accordingly.” Effec?ve leaders understand the power of ac?ve listening. They take the ?me to hear their team’s concerns, ideas and feedback. It’s through listening that a leader can truly understand the needs and aspira?ons of their team members. In his journey, Christopher not only evolves as a leader but as a person. This dedica?on to personal and professional growth is a testament to his leadership philosophy. “ The Shape-Shi?ing Leader Christopher is a strong advocate for servant leadership, emphasizing, “I believe firmly that leadership principles grow and guide our organiza?on with or by being servant leaders.” Their approach centers on serving customers, staff and partners consistently, recognizing the impact they have on those they interact with. This is a focal point of our organization, we embrace technology and adept training scenarios for all of our team members day-in and day-out, week after week, month after month. “ From Ideals to Ac?ons With three decades of experience under his belt, Christopher shares his leadership insights, saying, “Fundamentally, what I rely on is the fact that I have 30 years of experience to look back on to make decisions.” It’s this wealth of knowledge that forms the founda?on of his leadership style. Their ul?mate objec?ve is clear: “Our goal is to lead them to success on a day-in and day-out basis because of who we are and our capabili?es leading them to the success that they should be and will be because of our rela?onships.” Through their commitment to servant leadership, they aim to empower others to achieve the success they deserve, driven by strong rela?onships and unwavering support. Christopher knows the value of teamwork, sta?ng, “I also have brought in some incredible team members to work with me and take on the responsibili?es of items that I cannot take on every single moment of every single day.” Collabora?on and delega?on are key to his leadership approach. The Living Vision Christopher emphasizes the importance of ins?lling values in every team member, sta?ng,

Cover Story “From the moment we hire individuals we ingrain into them our vision and values.” It’s these values that form the bedrock of their organiza?on. Their team is commi?ed to providing unwavering support, with Christopher no?ng, “We rely on those individuals to provide those values on a day-in and day-out basis to our customers and address their needs as a 24/7 support desk and full CC flex partner to SAP.” They understand the significance of being a dependable support system for their customers, available around the clock. For SAP customers, these values translate into tangible benefits. Christopher affirms, “For the SAP customers, we provide values that we live with every day.” It’s this dedica?on to their values that sets them apart from the rest. Christopher’s vision, as part of the execu?ve team, serves as their guiding light. He emphasizes, “That’s why our values are who we are and the vision I provide as part of the execu?ve team—leads us daily.” “This is a focal point of our organiza?on—we embrace technology and adept training scenarios for all of our team members day-in and day-out—week a?er week—month a?er month.” In a rapidly evolving world, staying current is essen?al. Innovate or Stagnate Their responsibility, as Christopher sees it, is to nurture growth and knowledge, remarking, “It is upon us to lead them to the growth and knowledge that we must have for our customers and our partners.” They understand that their team’s exper?se directly benefits their clients and partners. Christopher firmly believes they are in the midst of an unprecedented era of innova?on, sta?ng, “I truly believe that we are at the forefront of the most innova?ve ?me in history.” Their commitment to 24/7 support is driven by their innova?ve spirit, poised to lead them all to success through SAP. Furthermore, readiness is crucial. Christopher emphasizes, “It is upon us to have our staff up to speed and ready at a moment’s no?ce for any and all of the ac?vi?es that we must sustain for our customers.” He underscores the importance of innova?on, cau?oning, “Innova?on is the key to your success. Being stagnant, not doing anything, or not even moving forward will crush your spirits your soul and your company.” Stagna?on is not an op?on—innova?on is the lifeline to vitality, both personally and within an organiza?on. Christopher’s message is clear: Embrace innova?on to thrive. Adapt or Evaporate Christopher, o?en ques?oned about what sets his team apart, proudly shares, “What makes us unique is the fact that we are a growing organiza?on yet we remain very nimble to the advancements in the SAP and cloud ecosystems.” Their ability to adapt to the ever-changing tech landscape sets them apart. Leading By Example Christopher highlights the organiza?on’s commitment to technology and ongoing training, sta?ng,

Cover Story Millennium.““ Con?nuous learning is a cornerstone of their approach, as Christopher explains, “Our team is always learning and grasping at new knowledge to make sure that we can move forward.” Their commitment to staying updated allows them to provide cu?ng-edge solu?ons. way that we hire, and as such, it will con?nue to remain a focal part of our growth strategy.” Core values hold a special place in his leadership philosophy, as he stresses, “And so, my core values for this company and who we are are constantly being communicated.” For Christopher, clarity reigns supreme, as he ensures that “Who we are, what we do and why we do it—those are central focuses and are always going to be moved to the head of the line for our staff, our customers and our partners.” Their comprehensive offerings make them a standout, as Christopher explains, “You start with us being a fully ve?ed SAP CC flex partner to provide licenses to those organiza?ons, then our upgrade and implementa?on capabili?es and our long-term AMS capabili?es.” They provide end-to-end solu?ons for organiza?ons running SAP so?ware, posi?oning themselves as a one-stop shop. We aspire to be a leader in the SAP ecosystem, we want to help lead the technology revolution and the innovation of SAP into the new Cul?va?ng Unity A shining example of their innova?on is a tool with AI capabili?es they developed years ago, as Christopher reveals, “We created a tool over five years ago with an AI- based backbone that allows us to pre-monitor and support organiza?ons in the SAP.” This tool exemplifies their proac?ve approach to support. Christopher’s commitment to his team shines through his daily engagement, as he explains, “I con?nuously talk with my team on a day-to-day basis, I am engaged with not only my leadership but with my staff.” Distance is no barrier—he remains a constant source of guidance, no ma?er where they are in the world. Approyo’s Tomorrowland Christopher’s vision revolves around empowerment and innova?on, asser?ng, “We want to lead by example! We want to allow companies to have the ability to innovate—to be able to use new technology and to grow their organiza?on.” Christopher envisions the organiza?on at a pivotal moment, sta?ng, “I see this organiza?on in the prime of its life—to be honest—I think we’ve just hit our teens and we are ready to grow even harder and further than ever before.” With the monumental SAP ecosystem upgrade, they aim to become the global partner of choice. Embracing the cloud ecosystem not only empowers their support staff but also strengthens rela?onships with customers and partners, according to Christopher. He emphasizes, “Agility is key for us on a day-to-day and the Approyo’s goal is to foster innova?on and growth, not hinder it. Christopher says, “We believe that all these organiza?ons that run SAP so?ware should be innova?ve and be allowed to innovate. They get that with Approyo!” Their mission is clear: to enable organiza?ons to embrace innova?on while running SAP so?ware. Striking While the Iron is Hot Christopher’s aspira?ons are high as he shares, “We aspire to be a leader in the SAP ecosystem, we want to help lead the technology revolu?on and the innova?on of SAP into the new Millennium.” Their vision extends beyond the present, aiming to shape the future of SAP technology. He recognizes the vast poten?al ahead, sta?ng, “We feel that we are just scratching the surface with the new upgrade cycle, that we are in—helping organiza?ons to achieve their goals.” Their journey is only beginning, with the promise of assis?ng organiza?ons in reaching their full poten?al. Christopher’s goals are ambi?ous, both for the company and its staff. He adds, “My goals and aspira?ons for this company are great. My hope for my staff is even greater, I look forward to achieving my goals, the company’s goals and our team’s goals over the next several years.” With a focus on growth, success and empowering the team, he envisions a bright future for all.

Renewable Energy Microgrids ccess to reliable and sustainable energy is a A world, energy distribu?on remains a significant challenge. These regions o?en lack access to centralized power grids, leaving communi?es in the dark and hindering their social and economic progress. However, recent innova?ons in technology and renewable energy sources are revolu?onizing energy distribu?on in remote areas, offering hope for a brighter and more sustainable future. fundamental necessity for human development. Yet, in many remote and underserved areas around the Revolutionizing Energy Distribution in Remote Areas The Challenge of Energy Access in Remote Areas Remote areas, whether located in rural parts of developing na?ons or isolated regions within developed countries, face a common dilemma: inadequate access to electricity. This lack of energy access has far-reaching consequences, affec?ng educa?on, healthcare, economic opportuni?es, and overall quality of life. Educa?on: Without access to electricity, students struggle to study a?er dark, limi?ng their educa?onal poten?al. Reliable electricity enables the use of computers, the internet, and ligh?ng, thereby improving learning outcomes. Healthcare: Many medical facili?es in remote areas lack the power needed to operate cri?cal equipment and refrigerate medicines. Reliable electricity is vital for healthcare delivery and saving lives. Economic Opportuni?es: Energy is the lifeblood of economic ac?vi?es. In the absence of electricity, businesses and industries cannot operate efficiently, limi?ng economic growth and job crea?on. Quality of Life: Electricity enhances the overall quality of life by providing access to modern conveniences, such as refrigera?on, communica?on devices, and clean cooking solu?ons. Innova?ons Transforming Energy Distribu?on To address the energy access gap in remote areas, several innova?ons are transforming the landscape of energy distribu?on: Off-Grid Renewable Energy: Off-grid solu?ons, such as solar and wind power, have become increasingly affordable and efficient. Solar panels and small wind turbines can September 2023 16 17 www.thecioleaders.com

C Embrace e Presence Globally Challenges and Future Direc?ons generate electricity locally, reducing dependence on centralized grids. While remarkable progress has been made in revolu?onizing energy distribu?on in remote areas, challenges remain: Microgrids: Microgrids are localized energy systems that can operate independently or in conjunc?on with the main grid. They offer flexibility and resilience, making them ideal for remote areas. Microgrids can be powered by a mix of renewable sources and storage systems, ensuring a con?nuous energy supply. Ini?al Costs: The upfront costs of renewable energy installa?ons can be high, making it necessary to find financing models that are accessible to remote communi?es. Energy Storage: Advances in energy storage technologies, like lithium-ion ba?eries, have made it possible to store excess energy generated during the day for use at night. This addresses the intermi?ency of renewable sources, making them more reliable. Maintenance and Skills: Ensuring the long-term sustainability of energy systems requires adequate maintenance and training for local technicians. Policy and Regula?on: Suppor?ve policies and regula?ons are needed to incen?vize investment in remote energy projects and ensure fair pricing and access. Subscription Global? Smart Grids: Smart grid technologies enable efficient energy management and distribu?on. They use data analy?cs and automa?on to op?mize energy usage, reducing waste and costs. Smart grids can be adapted for use in remote areas to maximize energy efficiency. The transforma?on of energy distribu?on in remote areas is an essen?al step toward achieving sustainable development and improving the lives of millions of people. As technology con?nues to advance and renewable energy solu?ons become more accessible, the future looks promising for remote communi?es, where the power of innova?on is bringing light, hope, and progress. With con?nued investment, collabora?on, and policy support, we can bridge the energy access gap and create a more equitable and sustainable world for all. Mobile Payment Systems: Mobile payment pla?orms have made it easier for remote communi?es to access and pay for electricity. These systems reduce the need for physical infrastructure, making energy distribu?on more cost- effec?ve. Impact and Benefits The adop?on of these innova?ons is already having a profound impact on remote areas: L E A D E R S Improved Quality of Life: Access to electricity enhances living condi?ons, allowing communi?es to refrigerate food, access informa?on, and enjoy be?er healthcare and educa?on. Economic Development: Reliable energy supply fosters economic growth by suppor?ng small businesses, a?rac?ng investments, and crea?ng job opportuni?es. Environmental Sustainability: The shi? towards renewable energy sources reduces reliance on fossil fuels, mi?ga?ng climate change and reducing pollu?on in remote areas. Energy Independence: Localized energy solu?ons reduce dependence on centralized grids, making communi?es more resilient to power outages and fluctua?ons. Stay in touch Subscribe to The CIO Leaders: Your Gateway to a World of Knowledge and Creativity! 18 www.thecioleaders.com

The Electric Revolution T Leaders he automo?ve industry is undergoing a profound transforma?on as it races toward a more sustainable and environmentally friendly future. This transi?on is primarily driven by the need to reduce carbon emissions, combat climate change, and meet increasingly stringent regulatory standards. In this ar?cle, we will explore the pivotal role of leaders in the automo?ve sector who are steering the industry towards a greener and more sustainable future. and the Automotive Industry's Green Transition 1.Visionary CEOs At the forefront of the automo?ve industry's green transi?on are visionary CEOs who recognize the importance of sustainability. Leaders like Elon Musk (Tesla), Mary Barra (General Motors), and Herbert Diess (Volkswagen) have played instrumental roles in shi?ing their companies' strategies towards electric vehicles (EVs) and sustainable prac?ces. These CEOs have set ambi?ous goals for their organiza?ons, with the aim of making EVs more accessible, improving energy efficiency, and reducing their carbon footprint. 2.Electric Vehicle Revolu?on The transi?on to electric vehicles is perhaps the most significant aspect of the automo?ve industry's green transforma?on. Leaders in this space have priori?zed the development of EV technology, charging infrastructure, and ba?ery innova?on. Tesla, under the leadership of Elon Musk, has not only pioneered electric cars but also invested heavily in ba?ery research, aiming to make EVs more affordable and accessible to the masses. This has sparked a global electric vehicle revolu?on, with established automakers like GM and Volkswagen following suit. 3.Sustainable Supply Chains Green leaders in the automo?ve industry understand that sustainability goes beyond just the end product. They are ac?vely working to make their supply chains more eco- friendly. This includes sourcing raw materials responsibly, reducing waste, and minimizing the environmental impact of produc?on processes. Companies like Ford are collabora?ng with suppliers to develop more sustainable materials, such as recycled plas?cs and eco-friendly manufacturing techniques. September 2023 20 21 www.thecioleaders.com

4.Autonomous and Connected Vehicles 8.Global Expansion and Market Penetra?on Autonomous and connected vehicles have the poten?al to significantly reduce emissions and improve traffic efficiency. Leaders in the industry are inves?ng in research and development to bring autonomous and connected technologies to the mainstream. Companies like Waymo, a subsidiary of Alphabet Inc., are working on self-driving technology that could revolu?onize transporta?on and reduce the number of vehicles on the road, leading to lower emissions and improved traffic flow. To accelerate the adop?on of green technologies, leaders are expanding their global reach and aiming to penetrate new markets. This involves adap?ng products to suit local preferences and regula?ons. For example, Chinese EV manufacturers like NIO and BYD are leaders in their domes?c market and are expanding their presence interna?onally to make EVs more accessible globally. This strategy not only drives sales but also promotes the adop?on of electric vehicles worldwide. 5.Collabora?ve Ini?a?ves 9.Sustainable Mobility Services Many automo?ve leaders recognize that addressing the environmental challenges of the industry requires collabora?on, not just compe??on. Ini?a?ves like the Drive Sustainability alliance, which includes major automakers, focus on improving social and environmental condi?ons in the supply chain. Collabora?on with governments and environmental organiza?ons is also crucial for se?ng industry standards and regula?ons that promote sustainability. Leaders in the automo?ve industry recognize that the future of transporta?on is not limited to manufacturing and selling vehicles. They are venturing into mobility services that emphasize sustainability, such as ride-sharing and carpooling. By providing alterna?ves to individual car ownership, these services can reduce the overall number of vehicles on the road and lower emissions. Companies like Uber and Ly? are pioneering this approach, while automakers like Ford are inves?ng in mobility services to complement their vehicle offerings. 6.Consumer Educa?on and Adop?on 10.Government Advocacy and Policy Engagement Leaders in the automo?ve industry are ac?vely engaged in educa?ng consumers about the benefits of green vehicles. They are working to dispel myths about EVs, highlight their cost savings over ?me, and emphasize their posi?ve impact on the environment. By fostering consumer adop?on of green technologies, these leaders are driving market demand for sustainable vehicles. Automo?ve leaders are ac?vely engaging with governments and policymakers to shape regula?ons that promote sustainability. They understand that suppor?ve policies, such as incen?ves for electric vehicle purchases and emissions reduc?on targets, are crucial for accelera?ng the green transi?on. These leaders are using their influence and resources to advocate for policies that align with their sustainability goals and benefit the environment. 7.Investment in Research and Development Leaders understand that innova?on is paramount in the shi? towards sustainability. They are inves?ng heavily in research and development (R&D) to create cu?ng-edge technologies that can improve the efficiency and environmental performance of vehicles. This includes advancements in aerodynamics, lightweight materials, and energy-efficient powertrains. Companies like BMW, for instance, are con?nuously exploring innova?ve materials like carbon fiber to reduce the weight of their vehicles and increase fuel efficiency. 22 www.thecioleaders.com

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The 10 Business Leaders Transforming Their Industries, 2023

The 10 Business Leaders Transforming Their Industries, 2023

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