CEO Imperative Report
Transformation has become increasingly urgent since the start of the pandemic. Research from EY shows that the gap between thriving and surviving companies is diverging quickly. This means CEOs will need to close key capability gaps and respond quickly and decisively to new value drivers and imperatives.
EY’s 2021 CEO Imperative Report, based on research with 305 CEOs of Forbes Global 2000 companies, provides useful actionable insights on how leaders can reframe the future of their firms and drive toward long-term value. These include:
- Assessing your status as thriver or survivor as well as the opportunity to ‘level up’ or leap ahead.
- Asking uncomfortable questions across the organisation to challenge the status quo.
- Developing a leadership action plan and an enterprise transformation plan to address your key strategic, operational, financial and cultural gaps.
- Securing board and investor buy-in on transformation investments now which will pay off only in the future.
- Catalysing a successful transformation by putting customers and employees at the centre of innovation and decision-making.
The world's most innovative companies 2021
Fast Company has released its annual list of the world’s most innovative companies. These 50 companies are ones that have managed to thrive during the pandemic, by transforming their businesses and looking for ways to address a post-COVID society. The list includes both large multinational corporations, as well as smaller companies, across all sectors.
Biotech companies Moderna and BioNTech take the top spots for their innovations in vaccine technology. Other entrants include Shopify, Netflix, Asana, Peloton and Substack. The article makes for an interesting read on how businesses have pivoted their offering and innovated with their business models to flourish at a time where many have simply survived.
- Running the business (operations)
- Changing the business (innovation)
…and each calls for a distinct type of meeting.
This article provides a framework for designing meetings that encourage the right conversations and support good decision making.