CEOs Must Get Trained to Chart Their Company’s Gen AI Path At the World Economic Forum’s Annual Meeting in Davos earlier this month, several major consulting firms highlighted the promise of Generative AI. The key takeaway: Embrace Gen AI now or risk obsolescence! Selected findings: 99% of companies plan to increase investments in Gen AI. […]
Develop Your Gen AI Strategy Now or Risk Falling Behind Generative AI is the most important technological development in our lifetime. This is the year when businesses must harness the power of Gen AI or risk obsolescence. The writing is on the wall. The recent EY CEO Outlook finds 62% of CEOs see an urgent […]
Twelve months after the launch of generative AI large language model ChatGPT, one thing is certain. Gen AI has been widely accepted and adopted, being the on-ramp for tens of millions who seek an intelligent partner who can generate and synthesize text, code, audio, video and images. Think of it as a smart teammate who […]
To Thrive in An AI-World, Leaders Must Master New Skills to Be More Productive, Creative and Strategic It’s been one year today since ChatGPT launched and brought generative AI into the mainstream. In just five days, over one million people tried ChatGPT – it took Twitter two years to hit that milestone. And in 2023, […]
Four actions every CEO must take to shape their top team into a cohesive, high-performing unit. Good CEOs create top leadership teams by selecting the best executives they can find. Great CEOs differentiate themselves by shaping a high performing top team that operates cohesively. But cohesive teamwork is on the decline the past three years. […]
Every new CEO is under a microscope in year one. Smart CEOs use their first six to twelve months learning, building relationships and listening carefully. Starting strong in year one provides the foundation for bolder moves and renewal down the road. Ideally, followers get to know, like and trust the new CEO. The best CEOs […]
The confidence level CEOs have in their top executive teams dropped 7.1% the past eighteen months, as reported by the Leadership Confidence Index. This news is alarming, given the prediction of declining growth in 2023 by CEOs surveyed. In this challenging economic environment, CEOs, top teams and their companies must embrace a laser-like focus on […]
Can you name a company that has grown in revenue from $0 to $19 billion in one year? Here’s a hint: the biotechnology company that pioneered the messenger RNA (mRNA) COVID-19 vaccination – Moderna. Founded in 2010, and led by CEO Stephane Bancel since 2011, Moderna is credited with one of the greatest discoveries of […]
Executive hiring cooled by 14% in 2022 as compared to 2021, said Thrive, the software services firm that supports executive recruiters and talent professionals, in their recently released Executive Compensation & Hiring Benchmarks 2022. While a 14% percentage drop may not seem significant, Q4 executive hiring was down 43% compared to the first quarter of […]
Last week, McKinsey & Company representatives shared a briefing discussing their recently published special report, What matters most? Six priorities for CEOs in turbulent times. Liz Segel, Senior Partner, Chief Client Officer and Managing Partner, Global Industry Practices, New York and Homayoun Hatami, Senior Partner and Managing Partner, Global Client Capabilities, Paris, shared their insights. […]