Almost every C-level executive I speak with tells me they are so busy running their business that they have no time to think about the best ways to grow their business. In KPMG’s Global CEO Outlook survey of 400 CEOs, 85% “admit vulnerability about the amount of time they have to spend strategizing about the forces of disruption and innovation.”
A recent Salesforce State of Data and Analytics report documented that 77% of business leaders fear they are already missing out on the benefits of AI and the percentage climbs to 88% for marketing leaders.
A recent study from Microsoft examined the activities of millions of workers who use the company’s business applications. The data is part of their annual study of workplace-productivity trends which measure how people actually spend their workdays.
The frequency and pace of change from digital disruption necessitates that companies can no longer rely on traditional planning and decision-making models. Simply put, they are too slow, too rigid, and too process driven to adapt to the new speed of business.
Disruptive change not only increases stress, uncertainty, and risk but it also enables individuals to retreat to what they know rather than explore what they don’t know. This is not only a death knell to successful new innovations, but it also undermines building a culture of creativity and collaboration.
How good is your company at asking the right questions before looking for the right answers? In his book, The Book of Beautiful Questions, author Warren Burger makes his case for the power and value of good questions. “Having strong questioning skills has always been important. But in a time of exponential change, it’s a twenty-first century survival skill.” The speed and diversity of disruptive digital technologies has proven…
Are your digital transformation projects stuck in neutral? In a 2022 McKinsey Global Survey of 2,190 companies in pursuit of transforming their businesses, two thirds said they were “just treading water, taking no decisive action, and consequently achieving little or no success.”
The Digital Skills Gap: Is your talent keeping up with you technology? One of the biggest challenges leaders face from unprecedented waves of new digital technology disruption is to accurately assess what are the new and ever-changing skills and capabilities their companies need to successfully compete as a digital enterprise.
The Digital Skills Gap: Is your talent keeping up with you technology? One of the biggest challenges leaders face from unprecedented waves of new digital technology disruption is to accurately assess what are the new and ever-changing skills and capabilities their companies need to successfully compete as a digital enterprise.
How much trust do your customers, employees, supply chain partners, and other key stakeholders have in your company? One of the major changes that came out of the Covid-19 pandemic was the increasing trust gap between individuals and institutions.
