Here is a kicker for the New Year, what do you see as the biggest impediment to the C-Suite going from surviving to thriving?
Team Work (lack of)37%
Personal Time (not enough)56%
Professional Development (need more)47%
Team Retreat (need to re-connect)20%
Tech Education/Simplification12%
That's a good add and in conjunction with a response I made above, being able to fight back the quarterly pressures to look at the longer term is not for the feint of heart, hence how few actually do that.
Great insight, and sadly very true as the need for entrepreneurial spirit needs to be maintained in one form or another regardlessregardless of size
Based on my perception, there are quite a few people in C-suit who don't belong there, they just got appointed for some reason and loved the package that comes with it, but they don't like it, they don't want to improve their gaps in skills, they have a personal agenda instead of company agenda etc.....the list is long and it contributes to the surviving instead of thriving situation.
Same is true for board members in many cases.
Many who get to the door simply don't realise how much of a responsibility it will be, they don't have a plan, they rarely get any support (professionally or psychologically), but the expectations are increasing every year.
So I'd add these points to the list: psychological wellbeing and actual readiness for the position.
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Extreme Weather13%
Labor markets0%
International destabilization63%
Government sanctions0%
Government regulations13%
Insufficient Infrastructure13%
Other (comment below)0%
A logistics manager 🙊
Improved data capture and analytics30%
Forecasting and predictive systems0%
Expanding vendor sourcing through multi-country or multi-vendor50%
Increasing inventory levels and safety stock0%
Leveraging 3rd party flexible relationships10%
Adding Automation to increase flexibility in operations10%
Other (comment below)0%
Exactly! My experience is that many a c-suite don't look at the longer term movement of the economy nor the longer term affect of decisions (understandably in part to the quarter to quarter pressure on my Execs from Board s and investors). But as a result, there are knee jerk reactions, and tech/IT always seem to be deemed the first on the chopping block despite the long term value to success.