How Enterprise Technology Affects the CEO’s Vision

How Enterprise Technology Affects the CEO’s Vision

How Enterprise Technology Affects the CEO's VisionHow 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.

Personnel InventoryPersonnel 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.

Man and MachineMan and Machine

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

Standout SkillsStandout 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.

Extended OutlookExtended 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.

Partnership PlanPartnership 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.

State of ConvictionState 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.

Vulnerable Area: BreachesVulnerable 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.

Vulnerable Areas: Outages and DisruptionsVulnerable 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.

Distinctive QualityDistinctive Quality

64% said that companies can differentiate themselves in this increasingly digital world by how securely they manage data.

Top Threats to Organizational GrowthTop Threats to Organizational Growth

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

Cyber CEOsCyber 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.

Dennis McCafferty
Dennis McCafferty is a contributor to CIO Insight. He covers topics such as IT leadership, IT strategy, collaboration, and IT for businesses.

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