Board and C-Suite Leaders Diverge on How to Address Critical Business Challenges — Protiviti, Broadridge and BoardProspects Reports

A new survey by Protiviti, BoardProspects, and Broadridge Financial Solutions reveals that boards and C-suite leaders do not always agree on how to achieve common goals. Bridging these gaps is crucial as companies face several challenges, including an uncertain macroeconomic environment, a global war for talent, rising geopolitical risks, cyberattacks, and other existential threats.

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More Than 90% of North American Companies Have Relocated Production and Sourcing Over the Past Five Years — BCG Reports

Five years of disruption marked by trade wars, the pandemic, geopolitical tensions, and severe supply bottlenecks have profoundly redrawn the map of where global companies manufacture and source goods. A new report released today by Boston Consulting Group (BCG), titled Harnessing the Tectonic Shifts in Global Manufacturing, underscores the magnitude of these shifts.

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High-Impact Spaces Are the Key to Elevated Collaboration Experiences: New Insights From Frost & Sullivan

As organizations solidify hybrid work programs, reliability, quality, and robustness of meeting spaces–ensuring technology works every time with minimal support – remains a top concern for IT and AV professionals. For business leaders, equitable experiences for remote and onsite meeting participants are now a high priority.

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Labor Productivity Declines Endanger Critical Supply Chain Objectives, Says Gartner

Labor productivity levels are historically low and stalled out largely due to a lack of investment in workforce innovations. One clear symptom is that turnover is 33% higher in supply chain organizations compared to pre-pandemic levels. While that may paint a discouraging picture, it also provides an excellent basis for supply chain leaders to experiment and rethink how they unlock, mobilize and augment the workforce to greater productivity.

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Recent White House Executive Order to Bolster Care Infrastructure, Cites BCG Research

According to a recent BCG report, about 56% of US workers have care responsibilities outside their full-time jobs. Approximately 40 million of these caregivers rely on paid care—such as nannies, daycares, or nursing homes—in order to hold jobs. Looking at these figures, there are two central aspects of the care economy that must be addressed to avoid an economic loss equivalent to losing half of the annual GDP growth projected from 2022–2023.

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Integrating Cloud-Native Applications into Business Transformation Initiatives Emerges as New Executive Imperative

Cloud-native application development has emerged as a central ingredient of technology modernization elements of business transformation across industries. According to analysts at IDC, enterprises that have implemented cloud-native application development strategies witnessed a marked increase in efficiency, scalability, and productivity, as well as improved user experience.

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Effective Safety Communication Strategies Emerge as Critical Area of Focus for Utility Providers

An increase in infrastructure disruptions caused by man-made and natural events has created a demand for utility providers to develop more effective and attainable safety messaging. Between cyber ransomware attacks and an uptick in severe weather with catastrophic consequences, executives in the utilities industry are reviewing the efficacy of their communications plans and the effect it can have on customer satisfaction.

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CIO.com Virtual Roundtable: Exploring the Role of Microsoft 365 as Content Management Integration Point for On-Prem and Cloud-based Enterprise Applications

As organizations accelerate the implementation of business transformation and technology modernization initiatives, business leaders are exploring the impact these changes will have on enterprise content management and its associated workflows. A growing number of organizations are exploring the role that collaboration platforms can play in streamlining content management.

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Despite Global Semiconductor Shortage, PC Market Continues to Surge with Expected Growth of 18.1%, According to IDC

According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker, shipments of PCs are expected to grow 18.1% in 2021 with shipments of just over 357 million units. While IDC still expects PC growth to drop slightly in 2022 (-2.9%), the overall five-year compound annual growth rate (CAGR) remains positive at 3%

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Industry Convergence to Propel Cybersecurity Spending in Global Commercial and Public Sectors, Finds Frost & Sullivan

Cybersecurity for commercial and public sectors is estimated to reach $68.01 billion by 2030, driven by the ongoing threat of cyberattacks and government rules concerning privacy policies and data protection. The surge in digital infrastructures, mobile users, and wireless network usage is compelling organizations across sectors to embrace security convergence.

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50% of Brands Will Have Failed to Unify Customer Engagement Channels by 2022, Finds Gartner

Through 2022, 50% of large organizations will have failed to unify engagement channels, resulting in a disjointed and siloed customer experience that lacks context. To remedy this, research shows that organizations should deliver frictionless experiences to create more connected experiences for customers to further drive e-commerce.

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58% of the Workforce Will Need New Skill Sets to Do Their Jobs Successfully, Finds Gartner HR Research

Gartner data shows the total number of skills required for a single job has been increasing by 10% year-over-year since 2017. Furthermore, one in three skills in an average 2017 job posting in IT, finance or sales are already obsolete. Emerging skills gaps due to ongoing business disruption and rapidly evolving needs have accelerated as a result of the COVID-19 pandemic.

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82% of Organizations Are Letting Employees Decide When They Feel Safe Returning to the Office, New KPMG Survey Finds

While it seems that employees are successfully working outside their traditional offices, employers have new questions about how to measure productivity in a virtual world. Companies are working on new measures to avoid exposing employees to undue health risks through widespread return-to-office initiatives ahead of available vaccines.

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Four Core Competencies Marketing Leaders Must Prioritize to Survive and Thrive in 2021, Says Gartner

To be more agile and adaptive in the year ahead, marketing leaders must prioritize four core competencies with a renewed focus that accounts for the unprecedented changes of 2020. Customer understanding, adaptive planning, data-driven decision making and strategic cost optimization are the core competencies that will help marketing to survive and thrive in 2021.

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