Likely headwinds for CEOs
India CEOs have a number of concerns on their minds. These range from issues related to technology-based transformation, growth prospects of their organisations, expectations of on-demand service from clients, engaging with millennials and readiness of their organisation to mitigate future cyber-attacks.
93% CEOs believe that the lead time needed to achieve significant progress on transformation is long. Despite the concerns regarding lead time, CEOs expect tangible benefits from implementation of technology initiatives.
Return to territorialism
66% CEOs see return to territorialism as a formidable challenge to their organisation’s growth prospects in future. Geopolitical turbulence in developed economies is making them choose emerging markets to drive growth.
Meeting expectations of future consumers
49% CEOs face difficulties in responding to expectations of an on-demand service. The millennial population in India and around the world constitute the consumers of the future. It has become imperative to engage with and meet their expectations.