Welcome to CCI Magazine_April/May_2024

On the Move 8 ways to ensure you’re evolving — not standing still Jim DeLoach Founding Protiviti managing director

As a term in business, “agile” is typically used to refer to a method of project management, especially for software development. But Protiviti’s Jim DeLoach explores another, more strategic connotation of agility that merits close attention in disruptive markets. A ccording to a 2023 survey of 3,000 CEOs and senior executives reports, most CEOs (98%) are of the view that they need to change their business model within the next three years. Three in four CEOs indicate that their companies face significant disruption. Interestingly, seven in 10 are concerned that their executive teams lack the agility to manage and keep pace with this disruption. Another global survey corroborates the concern over lack of agility. It reports that CEOs and their executive teams face the challenge of transforming their businesses while also preparing their organizations to adapt and adjust to the realities of rapidly shifting markets. According to the survey, directors and C-suite leaders share concerns about near- and long-term issues that

26 | April/May 2024

Governance & Risk

CCI Magazine

Made with FlippingBook Ebook Creator