Only 15% of Organizations View Themselves as Change Agents, Study Finds
Market factors such as technological advances, geopolitical shifts and more are accelerating the need for companies to prepare for corporate upheaval
That is among the major findings of the second annual Global Board Governance Survey conducted by
Other key survey findings include:
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75% of companies believe business models will be changing within three years.
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A strong majority of companies do not see themselves as change agents — Just 15% put themselves in the disruptive leader category. Some (34%) believe they are fairly disruptive and are making progress at becoming more disruptive (disruptive aspirants). Some (25%) believe they are a disruptor but also are at risk of being disrupted. Others (16%) believe they are at risk of being disrupted but can quickly pivot and adapt (agile followers). Still others (7%) think they are at risk of being disrupted and slow to evaluate how to respond and react, and 3% are not sure where their companies fall on this continuum.
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Disruptors see the world differently and are better prepared to embrace
change — 77% of disruptive leaders are confident or highly confident in their ability to recognize, adapt and respond timely to disruptions, versus 28% of organizations that are slow to respond to disruption.
- How companies view generative AI offers a litmus test of their propensity to disrupt — 72% of disruptive leaders view generative AI as providing a significant or moderate opportunity to be a disruptor, while more than 40% of disrupted organizations view the technology as a risk to disrupt them.
"We have experienced more change in this decade than we have since the turn of the century with more on the horizon," said
"The findings of this year's
"These important findings affirm that today's most successful leaders are embracing digital disruption to ensure they deliver enduring value for their shareholders, customers and associates," said
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