C-Suite Intelligence 21st August 2020

Winmark's C-Suite Intelligence service provides news, content and research to help leaders across all C-Suite functions overcome the significant challenges they are currently facing

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TOP INSIGHT



Report on the state of AI in business
 
Deloitte
 
A new Deloitte survey on enterprise AI has uncovered several key insights:
  • Adopters continue to have confidence in AI technologies’ ability to drive value and advantage.
  • Early-mover advantage may fade soon. As adoption becomes ubiquitous, AI-powered organisations may have to work harder to maintain an edge over their industry peers - an indicator of a levelling of the playing field.
  • Virtually all adopters are using AI to improve efficiency; mature adopters are also harnessing the technologies to boost differentiation.
  • AI adopters tend to buy more than they build, and they see having the best AI technology as key to competitive advantage.
  • Adopters recognise AI’s risks, but a “preparedness gap” spans strategic, operational, and ethical risks. 
A link to the full report is provided below.
 
 

​​​​FURTHER INSIGHTS


COVID-19: returning to the workplace guide

CIPD

The CIPD has updated guidance and information for employers as lockdown measures continue to ease, and businesses look to reopen. Employers must plan how they can return to the workplace in a way that cares for their people and safeguards their health and wellbeing.
 
The guide covers the following areas:
  • Managing returning to the workplace.
  • Dealing with redundancies and related issues once the furlough scheme ends.
  • Managing holidays, sickness and other absences.
 
 
Two surveys give insight into business and consumer reaction to COVID-19
 
PwC
 
PwC’s Global CFO Pulse survey shows that more than half of CFOs plan to take steps to improve the remote work experience and make remote work a permanent option. 75% of CFOs say the increased flexibility developed during the crisis is a factor that will make their organisation stronger over the long term.
 
PwC’s Global Consumer Insights Survey shows that consumers will spend less in the next few months - however the amount varies greatly across different countries.
 

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