How Enterprise Technology Affects the CEO's Vision

 
 
By Dennis McCafferty  |  Posted 02-06-2017 Email
 
 
 
 
 
 
 
 
 
  • Previous
    How Enterprise Technology Affects the CEO's Vision
    Next

    How Enterprise Technology Affects the CEO's Vision

    CEOs believe that in a digital world, they must work harder than ever to ensure that their company's purpose is reflected in its values, culture and behaviors.
  • Previous
    Personnel Inventory
    Next

    Personnel Inventory

    52% of the global CEOs surveyed plan to hire more employees over the next 12 months, compared to 16% who expect to cut headcount.
  • Previous
    Man and Machine
    Next

    Man and Machine

    Of CEOs who plan to decrease headcount, 80% said this decision is driven, at least to some extent, by automation and technology.
  • Previous
    Standout Skills
    Next

    Standout Skills

    77% of the CEOs said it's very difficult to recruit candidates who are creative and innovative, and 75% said it's challenging to recruit individuals who display strong leadership traits.
  • Previous
    Extended Outlook
    Next

    Extended Outlook

    79% are looking to drive company expansion and profitability via organic growth over the next 12 months, and 62% plan to do so through cost reductions.
  • Previous
    Partnership Plan
    Next

    Partnership Plan

    48% of the CEOs surveyed intend to drive company expansion and profitability via new strategic alliances and joint ventures, and 41% expect to do so through mergers and acquisitions.
  • Previous
    State of Conviction
    Next

    State of Conviction

    93% said it's more important than ever before to develop a strong corporate purpose that's reflected in the company's values, culture and behaviors. Nearly 70% said it's harder for businesses to gain and keep trust in these digitally driven times.
  • Previous
    Vulnerable Area: Breaches
    Next

    Vulnerable Area: Breaches

    91% said that cyber-security breaches of business information and/or critical systems will negatively affect stakeholder trust levels over the next five years, and the same percent said breaches of both data privacy and ethics will.
  • Previous
    Vulnerable Areas: Outages and Disruptions
    Next

    Vulnerable Areas: Outages and Disruptions

    90% of the CEOs surveyed said that IT outages and disruptions will negatively impact stakeholder trust levels over the next five years.
  • Previous
    Distinctive Quality
    Next

    Distinctive Quality

    64% said that companies can differentiate themselves in this increasingly digital world by how securely they manage data.
  • Previous
    Top Threats to Organizational Growth
    Next

    Top Threats to Organizational Growth

    Uncertain economic growth: 82%, Excessive regulations: 80%, Unavailability of key skills: 77%, Geopolitical uncertainty: 74%, Speed of technology change: 70%
  • Previous
    Cyber CEOs
    Next

    Cyber CEOs

    55% of the CEOs surveyed said they have strong digital skills, and 46% said they use home automation systems, while 43% said they're active on social media.
 

In an era of swift, technology-enabled changes, CEOs believe it is critical to establish greater trust among stakeholders and customers, according to a recent survey from PwC. PwC's "20th CEO Survey" report reveals that today's executive leaders believe that in an increasingly digital world, they must work harder than ever to ensure that their company's purpose is reflected in its values, culture and behaviors. CEOs are also concerned that the constant risk of cyber-security breaches, as well as IT outages and disruptions, will threaten corporate trust. Given that, the majority of CEOs have concluded that they can present their business in a positive light by better managing proprietary and sensitive data, including data related to customers. "Globalization and technological advances demand a new style of leadership to manage heightened anxieties," according to the report. "The enduring winners will be those who can successfully navigate technology and preserve the human touch. Competitive advantage will go to those with the greatest capacity to build relationships built on trust, which comes from sharing deep, sustainable values and purpose." The findings include additional insights about hiring plans and business growth inhibitors—as well as how CEOs have become tech-savvy in their everyday life—and we've included some of these insights here. Nearly 1,380 global CEOs took part in the research.

 
 
 
 
 
Dennis McCafferty is a freelance writer for Baseline Magazine.

 
 
 
 
 
 

Submit a Comment

Loading Comments...
 
Manage your Newsletters: Login Register