ENVIRONMENT

Top management is not prepared for the challenges in the business environment

Two/third of top management lacks the competency to manage successfully their companies through the ever changing external business environment. In additon they are not able to inspire and motivate their staff and employees. Over 80% of investors and analysts tell that leadership and vision are “leading” for their future investment strategies. Investors see leadership and vision as far more important than the financial performance during the past three years.

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It’s an illusion that you are able to keep pace with all changes

Peter Diamandis founded the prestigious US Singularity University, active in research on new technologies and author of the bestseller “Abundance”. One of his visions is that technology developments do not just follow the linear curve of growth, but do, however, follow the curve exponentially. Many Boards underestimate the speed of technology change and when this happens exponentially the company loses ground. There are numerous examples where this occurs, the latest being Blackberry and Nokia.

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