Transparency Can Be The Key In Finding And Retaining The Talent You Need
It’s an exciting time to be CEO of a private company, but by no means is it easy. According to PwC’s 21st CEO Survey almost three-quarters (74 per cent) of private company CEOs are concerned about the speed of technological change and its effects on their business.
Indeed, new technologies and digital systems are being introduced at a rate never seen before, reshaping the way we all do business. Private companies that currently lag their public counterparts in attracting digital talent need to take note of this deficit if they want to drive innovation, improve decision making, enhance customer experiences, and create better business models. More to the point, they need to take technology seriously.
On average, the CEOs who responded to our private company survey appear markedly less concerned than public company CEOs about the acceleration of technological change, and the cyber threats that inevitably come with it. Alarmingly, 22 per cent of private company CEOs are not concerned at all about cyber threats. As such, it’s worth asking whether private companies are taking these digital disruptions as seriously as they should be, and are they acting quickly and strategically to seize opportunities and reduce risks?
Over 60 per cent of private company CEO’s agreed that digital transformation can be disruptive to a business and leaders need to be prepared. Here are some important considerations for private company leaders considering how digital and technological advancements will shape the future of their businesses.
BE TRANSPARENT WITH PLANS FOR DIGITAL ADOPTION
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TWENTY FOR ‘20
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Winning sales organisations excel at these five essential capabilities
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MANFRED BAUMANN SHARES HIS INSIGHTS INTO PROFESSIONAL PORTRAITURE
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Puneet Chhatwal, the CEO and MD of Tata Group’s hospitality arm Indian Hotels Company, talks about how his company is reimagining and repositioning some of its most renowned brands, raising the hospitality bar, with an eye on the evolving customer and emerging concepts and trends
Robots Can Go All The Way To Mars, But They Can't Pick Up The Groceries?
In the popular imagination, robots have been portrayed alternatively as friendly companions or existential threat. But while robots are becoming commonplace in many industries, they are neither C-3PO nor the Terminator. Cambridge researchers are studying the interaction between robots and humans – and teaching them how to do the very difficult things that we find easy.
How To Create A Growth Mindset?
A growth-oriented mindset must be cultivated among the employees for business growth and sustenance. It requires a good understanding of people and what drives them
