CEOs Clash With Colleagues over Business Growth (UK)
-
Upload
epicor-software -
Category
Leadership & Management
-
view
461 -
download
0
Transcript of CEOs Clash With Colleagues over Business Growth (UK)
© 2016 Epicor Software Corporation
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation2© 2016 Epicor Software Corporation
Research, conducted by MORAR Consulting and commissioned by Epicor, questioned 1,800 business leaders from 12 countries worldwide*
* Source: The research was conducted by MORAR Consulting and surveyed 1,824 managing directors, and heads of finance, operations and IT in businesses with 100+ staff spanning the manufacturing, distribution and service industries (and in businesses of all sizes in Retail) in Australia, Canada, China, France, Germany, Hong Kong, India, Mexico, Singapore, Sweden, the UK, and the US. (MORAR, Growth Survey, 2015).
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation3© 2016 Epicor Software Corporation
The Research Shows Five Disagreementsbetween the CEO and the rest of the Senior Team …………
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation4© 2016 Epicor Software Corporation
Disagreement No. 1:CEOs CFOs, CIOs and COOs
53% of CEOs do not think growth is rewarding
53% of CFOs, CIOs and COOs said they do find growth rewarding
53%Disagree
53%Agree
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation5© 2016 Epicor Software Corporation
57% of CEOs attribute growth to hard work and determination…
…the others think good planning is the cause of successful growth
Disagreement No. 2:
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation6© 2016 Epicor Software Corporation
Disagreement No. 3:
CFOs and CIOsCEOs
40% of CFOs and CIOs consider a skilled workforce a
stimulant for growth
Only 35% of CEOs consider a skilled workforce a stimulant for growth
40%Agree
35%Agree
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation7© 2016 Epicor Software Corporation
Disagreement No. 4:
42% of CEOs worry that growth can result in a loss of intimacy
with customers
Only 38% of CIOs, COOs and CFOs feel the same
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation8© 2016 Epicor Software Corporation
Disagreement No. 5:
40% of CEOs agree access to information is criticalcompared to 34% of CFOs, COOs and CIOs
40%Agree
34%Agree
40%Agree
34%Agree
CFOs, COOs and CIOsCEOs
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation9© 2016 Epicor Software Corporation
Bureaucracy
Economic uncertain
ty
The main barriers
to growth
31% of CIOs, COOs
and CFOs think economic
uncertainty is the biggest
factor
38% of CEOs think
bureaucracy is the greatest
barrier to growth
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation10© 2016 Epicor Software Corporation
There's a lot of disagreement amongst management teams.
What impact does that have on growth?
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation11© 2016 Epicor Software Corporation
When the information that underpins the debate is poor……..
conversations can become destructive barriers to growth
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation12© 2016 Epicor Software Corporation
And yet conflict can be a force for good in business
In fact, conflict can be healthy
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation13© 2016 Epicor Software Corporation
Conflict can change conversations and alter the way decisions are made
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation14© 2016 Epicor Software Corporation
77% of CEOs agree thatan effective and integrated IT infrastructure is essential to stimulate the ideas that lead
to improved business performance
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation15© 2016 Epicor Software Corporation
Conflict , when backed with the right data, can
stimulate debate and encourage innovation
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation16© 2016 Epicor Software Corporation
“Aligning the C-suite with accurate information on the stimulants and impact of growth throughout the business is essential……technology can be used by the whole C-suite to
mitigate the challenges CEOs associate with growth.” Martin Hill, Vice President Marketing International, Epicor Software
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation17© 2016 Epicor Software Corporation
Download the eBook to find out more about how to change the conversation and use technology to your advantage.
© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation18© 2016 Epicor Software Corporation
Epicor promotes business growth by providing flexible, industry-specific software—designed around the precise needs of our customers—that dramatically improves performance and profitability while managing complexity.
Your Priority is Our Priority
Contact us+44 1344 468468
[email protected] www.epicor.com/uk