How do you prepare your organization when you’re operating in a time of profound uncertainty and an accelerating speed of change?
That was the question asked of C-suite executives from around the globe in the Inaugural Global Survey of Business Leaders. It’s also the situation many business owners and executives face daily.
Your organization is constantly affected and influenced by a variety of trends, both local and beyond. How you respond and interact with those trends can impact your organization and your bottom line.
Here are three critical considerations for today’s businesses.
Strengthening digital capabilities will be a key component of future growth and innovation strategy for businesses. With digital innovation comes more data than we’ve ever had before. Understanding and harnessing that data will be critical for businesses who wish to make strategic growth decisions.
Data enables leaders to keep track of their business in real time.Why Top-Performing CFOs Are Turning to Data Warehouses
This confidence stems, in part, from identifying opportunities within a turbulent business climate. In order to do this, many business leaders are searching for ways to enhance their business acumen and understand their customer landscape. This includes investments in customer research, search and enhanced CRM systems.
Making informed decisions about your organization begins with an understanding of what lies ahead.Inspired Perspectives: Tips and Tools for Continued Success
Access to real-time financial information allows businesses to better target their growth goals.
Future business models aren’t just about information, however. They’re also about the quest for talent. Flexible working arrangements are key to an organization’s future. 81% of business leaders report exploring more flexible work arrangements in order to attract and retain future talent.
Why You Need to Pay Attention to Trends
Business success requires that you constantly be on the lookout for trends, issues and legislation affecting your organization. Knowledge is only part of the battle. Make sure you surround yourself with trusted advisors who can help you not only process this information and its impacts but also help you take the next step to grow your organization.
HLB’s survey of business leaders from around the globe gives unique insight into the issues today’s executives are facing and provides suggestions for growing into the next decade.