Digital Transformation: Don’t Delay the Inevitable

“Companies that are not already on their way to being digital have to realize the urgency. It’s not just digital giants like Amazon that threaten their future. It’s also legacy companies that are becoming digital. In the pandemic, they’ve been able to adapt more quickly.”

via Chief Executive

Major B2B Buyer’s Journey Ends in the C-Suite

“88 percent of CEOs at companies with more than $1 billion in annual revenues say they are more involved in major investment decisions than they were before — 63 percent of whom qualify their involvement as “far more” than in previous years.”

via Chief Executive

CEOs Take a Scenario-Based Approach to Plan Ahead

The pandemic will leave permanent marks and disrupt many industries. Digital technologies are expected see a major acceleration in adoption, especially those which enable business activity with less human contact, including e-commerce, virtual networking and robotization.

via World Economic Forum

CEO Productivity: How to Improve Your Virtual Meetings

“When you adopt a stewardship mindset, you become deliberate in your meeting decisions from start to finish. Being intentional and making smart meeting choices do not take much time at all — with practice, they can take only a minute.”

via MIT Sloan

Corporate Social Media: Why It’s Still Not Valued by CEOs

Only 24% of U.S. online adults agree it’s cool to be associated with a company on social media. And, 68% don’t think companies share interesting content. In 2020, 32% of CMOs are still unable to show business impact; only 30% can prove the impact quantitatively.

via Forrester

Why the Brave CEOs will Prosper in a Post-Pandemic World

“During the Great Depression of the 1930s, IBM’s CEO, Thomas Watson, proved a point that today’s executives should consider. In the worst of times, bravely bucking pressure to lay off workers and instead investing in the business can tee up explosive growth later.”

via Business Insider

Savvy CEOs and Boards Plan for The Recovery Upside

The crisis has revealed the benefits of having a strong mix of current skills — for example, deep technology expertise and finance experience — and the perspectives from directors serving on multiple boards, who can bring valuable ideas and observations from other organizations.

via Spencer Stuart

Why CEOs Must Turbo Charge Digital Growth Initiatives

“Businesses that once mapped digital strategy in one- to three-year phases must now scale their initiatives in a matter of days or weeks. Leadership teams need to learn quickly what is and is not working, and why. This requires identifying and learning about unknown elements as quickly as they appear.”

via McKinsey

How Smart CEOs Plan Their Post-Pandemic Recovery

“Many people and companies are in crisis mode today, but several of the CEOs we talked to have established formal two-parallel-track teams that combine strategy and operational themes. One called the future-looking team the “recovery team” and staffed it with top strategic and operational talent, while a second team focuses on providing day-to-day leadership of the business.”

via Spencer Stuart

Why Digital-First Leadership Skill is Essential in 2020

“While the COVID-19 crisis has introduced significant uncertainty about what the future holds, CDOs can help to develop digital strategies based on scenarios detailing customer behavior shifts, business-model opportunities, and their implications on digital and technology choices.”

via McKinsey