02/21/2024
How do chief executives plan to thrive in an age of continuous reinvention?
PwC’s 27th annual global CEO survey answers. Check out the full report to see what the data say.
Here’s a preview:
"Engage, empower and enable your people. CEOs and other C-suite leaders can do much more to address inefficiencies and break through barriers, but they can’t do everything. Therefore, it’s critical to build alignment between leaders and employees around priorities for change and to build a culture of trust so employees feel safe to propose better ways of doing things. Start by identifying gaps between the views of leaders and workers...To build trust, start with transparency and invite employees to play an active role in reinvention. Consider citizen-led innovation, an approach that helps employees build skills and apply them right away. Also: redesign career paths around skills, not jobs, so employees have more agency and opportunity as jobs change."
In short, focus on building a culture of growth partners.
The findings of our 27th Annual Global CEO Survey highlight companies’ efforts to reinvent themselves and address concerns for long-term viability.
