Here’s how you, as a leader, can help make your company future- ready:
Be decisive and unsentimental about your corporate portfolio. Too often, leaders keep businesses for historical or sentimental reasons. To build a successful future, your focus can’t be on the past.
Be experimental and ambitious, pushing for breakthrough innovation, rethinking global supply chains, improving sustainability, and integrating technology. AI and other advancements must be central, but it’s the mindset here that matters—expansive thinking and a readiness for change.
Be prudent with capital and liquidity requirements. Evaluate your company’s funding needs and run risk models continuously. Ensure there’s a financial cushion for any bumps in the road so you can shape—rather than be a victim of—future events.
Be patient as you build teams and manage talent. Your top priority is recruiting, developing, and retaining strong people. Every business is a people’s business, so the quality of your team is the difference between top performance and mediocrity.
Be persistent, ready to take on the obstacles to come. It’s the only way you can achieve any of the four points above.