C-Suite Intelligence 23rd July 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



Three actions CEOs can take to get value from cloud computing
 

McKinsey
 
If companies are to be successful in a digital next normal, their CEOs must ensure that their management teams understand the specific ways that cloud computing can raise revenue growth and margins and how, in close alignment, those teams will rally to capture value.

To get to cloud more quickly, CEOs should ask their CIO and CTO what support they need to lead the organisation on the journey. Chances are good that three interventions will emerge:
  1. Establishing a sustainable funding model to support the investments required to get business value from the cloud
  2. Developing a new business-technology operating model that exploits cloud for speed, agility, and efficient scalability
  3. Putting in place the HR, compensation, and location policies required to attract and retain the specialised engineering talent required to operate in the cloud 

​​​​FURTHER INSIGHTS


Study: COVID-19 crisis shifts cybersecurity priorities and budgets

McKinsey


Cybersecurity technology and service providers are shifting priorities to support current needs: business continuity, remote work, and planning for transition to the next normal. 
 

CISOs that acted quickly to reorient security to cover remote workers and business continuity during the COVID-19 crisis must now prepare for the future. Such preparation includes determining how to allocate limited cybersecurity budgets to support additional modifications. 


Cybersecurity providers must shift their approaches, becoming trusted partners and influencers to help customers maximise their spending while preparing for the next normal.

 
 
4 leadership strategies to improve mental health in the workplace
 
Inc.com

The pandemic has caused tremendous disruption in every corner of life. Whether your company is making the return to work shift or prolonging remote work, leadership must reconsider the ways they foster mental health support and strengthen their organisations.


Here's how senior leaders at four companies are addressing mental health for their employees.:
  • Ensure easy access to care
  • Create a buddy program
  • Lead with empathy
  • Bring in experts to help
 
 
Getting back to the future of work
 
Strategy+Business
 
As businesses cope with COVID-19 disruptions, they need to rethink and reconfigure their workforce and work spaces beyond redesigning physical spaces. 

An understanding of your organisation’s place in an environment of rapidly changing societal and stakeholder needs provides you with the opportunity to rethink and reconfigure what your firm and your constituencies stand for. For visionary leaders, now, as ongoing operations stabilise, is the moment to act.
 
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