What keeps a CEO up at night in the new digital age?
Posted: Tue Jan 28, 2025 4:53 am
There is no doubt that leading a company is a stressful experience for CEOs. They face a number of challenges, and one of their key concerns is how they can innovate and grow their company.
Being able to successfully innovate and put your company ahead of the competition. That is the challenge. And how to achieve it? Here are some of the main concerns that CEOs have when we talk about innovation:
Having the right professionals
“There is no point in hiring smart people and then telling them what to do; we hire smart people to tell us what to do.” - Steve Jobs
Innovation can be a company’s strongest point, but it can also morocco phone number data be its weakest. This is why many CEOs put so much emphasis on not rushing the selection process and being careful about who they bring into their company. Your goal is to hire people who have a good attitude towards the company and, in addition, who possess the necessary skills to easily integrate into the company culture and actively contribute to its growth. Don’t get complacent. Hiring the first employee who ticks all these boxes is something most companies should avoid. You should take all the time you need to find someone you can trust, otherwise you may risk that person becoming a burden to your company , rather than an asset.
Go global
“If we don’t change, we don’t grow.” – Gail Sheehy
When you look at the landscape in which businesses operate, it’s obvious that technology is making the marketplace much more accessible. Whereas years ago, for example, importing products from abroad was a difficult, slow and expensive process, now it’s just a few clicks away on your smartphone. These advances have put pressure on businesses to innovate in such a way that they can successfully operate in the global marketplace.
While CEOs are aware of the vast array of opportunities available to them thanks to technological advances , they also know that going global is not a simple process. They will need to be prepared to face major challenges, including exchange rate volatility, cultural differences and the distance between their companies and their customers.
Being able to successfully innovate and put your company ahead of the competition. That is the challenge. And how to achieve it? Here are some of the main concerns that CEOs have when we talk about innovation:
Having the right professionals
“There is no point in hiring smart people and then telling them what to do; we hire smart people to tell us what to do.” - Steve Jobs
Innovation can be a company’s strongest point, but it can also morocco phone number data be its weakest. This is why many CEOs put so much emphasis on not rushing the selection process and being careful about who they bring into their company. Your goal is to hire people who have a good attitude towards the company and, in addition, who possess the necessary skills to easily integrate into the company culture and actively contribute to its growth. Don’t get complacent. Hiring the first employee who ticks all these boxes is something most companies should avoid. You should take all the time you need to find someone you can trust, otherwise you may risk that person becoming a burden to your company , rather than an asset.
Go global
“If we don’t change, we don’t grow.” – Gail Sheehy
When you look at the landscape in which businesses operate, it’s obvious that technology is making the marketplace much more accessible. Whereas years ago, for example, importing products from abroad was a difficult, slow and expensive process, now it’s just a few clicks away on your smartphone. These advances have put pressure on businesses to innovate in such a way that they can successfully operate in the global marketplace.
While CEOs are aware of the vast array of opportunities available to them thanks to technological advances , they also know that going global is not a simple process. They will need to be prepared to face major challenges, including exchange rate volatility, cultural differences and the distance between their companies and their customers.