Telecom companies face increasingly tough times as digitization reshapes the industry landscape. In fact, telecoms come second only to media in the ranks of sectors expecting moderate or massive digital disruption over the next 12 months, according to a cross-industry survey of senior industry leaders.
Digital strategy and digital transformation are top priorities for CEOs around the world, but a fundamental question remains: How do we make it happen? A BCG analysis of more than 1,000 companies undergoing digital transformation concluded that the most successful companies outperform their competition by excelling in speed, scale, and value.
For ten years or more, China has been a uniquely powerful engine of the global economy, regularly posting high single-figure or even double-digit annual increases in GDP. More recently, growth has slowed, prompting sharp falls in international commodity prices and casting a shadow over the near-term prospects for developed and emerging markets.
To help CEOs and board chairs, as well as executives and directors, build strong boards, this McKinsey Quarterly CEO guide synthesizes multiple sources to make quick sense of complex issues in corporate governance.
An actively engaged board is able to identify and act upon weak signals that could indicate a need for change. Its composition and operations reflect the evolving needs of the business.
Startup outcomes are, by definition, unpredictable. Working at a startup means getting in early for something that has yet to be proven, which means it could have great risks … and potentially, great rewards.