Why Do 40% of CEOs Believe that Their Organisation’s Won’t Be Economically Viable Within 10 years?

In the wake of PwC’s 26th Annual Global CEO Survey, a startling revelation has emerged:

40% of global CEOs believe their organisations will NOT be economically viable in a decade if they persist on their current trajectory.

This statistic is not just a wake-up call; it’s a clarion call for transformative action.

The path forward demands more than just incremental changes; it requires a fundamental reimagining of how organisations operate.

Adopting a dual structure that marries the efficiency of hierarchy with the innovation of a creative network could be the key.

This approach allows for the rigorous execution of day-to-day operations while simultaneously fostering an environment where creativity and innovation can thrive.

Moreover, engaging the “diverse many” within an organisation is critical.

Harnessing the collective insights, experiences, and energies of a broad cross-section of employees can turn the daunting prospect of change into a wellspring of opportunity.

It’s about leveraging the unique strengths of every individual to innovatively negotiate the complexities of the modern business landscape.

In essence, the future belongs to those who can blend structure with creativity and inclusivity.

By doing so, organisations can transform continuous change into a formidable strategic, competitive, and sustainable advantage.

Have you read PWC’s report?

https://lnkd.in/grFm9uWv

What’re your thoughts? Are you structured to thrive in the next decade? Do you already have an agile dual structure? Please DO comment below.

Barry Eustance CMgr MCMI
Kotter Change Leader Certified
Principal Consultant – The Sixsess Consultancy
Empowering Clients to Seize Opportunity from Change
 
https://sixsess.org