Hannah Emmanuele
Summary of the 2010 IBM study of more than 1,500 Chief Executive Officers: (the graphic above is an eye-opener)
The far reaching and irreversible effects of wholesale industry transformation and technological advances are causing both uncertainty and volatility.
The biggest challenge facing organizations is escalating complexity and an accelerating pace of change–this is the new normal.
The world is now a massively interconnected system rather than distinct parts. Main Street in Anytown, Anywhere is not immune.
As organizations become significantly more complex, success will go to those who infuse the ability make swift and fearless decisions and readily adapt to rapid change. Unfortunately, half of organizations surveyed are not poised to manage effectively in this environment.
Creativity is the #1 most crucial competency for future success.
Organizations are clamoring for creative talent to help completely rethink their business model, disrupt traditional structures and processes and engineer innovation into all aspects of operations, finance and strategy. This is the price of survival.
The short supply of creative, critical thinkers and innovators is causing an all out recruitment war among businesses.
Technology-based solutions (Big Data) will drive more and more decisions.
Continued automation/efficiency will take on increasingly complex work and replace more and more employees. Workers will increasingly need high level technical skills to do their jobs all the way the chain.
Corporations are redefining/reinventing strategic initiatives through t he web and social media by connecting and engaging (push and pull) directly with partners and individual consumers. These connections are no longer the exclusive domain of marketers, but rather a shared organizational responsibility (think matrix)
As economies and societies become more closely linked and organizations increasingly transcend boundaries, workers with superior cultural and sub-regional awareness and understanding are in high demand.
The modern pressures facing top-performing organizations to ensure their survival leaves me breathless and hopeful at the same time.
