Our bi-annual Global Leadership Monitor reveals the top five external factors that leaders in India believe will impact the health of their organizations over the next 12-18 months, and how well-prepared these leaders feel they are to address these impending challenges.
In India, 60% of leaders identify the availability of key talent and skills as a critical challenge. This issue has consistently ranked among the top five concerns since 2021. However, only 43% of leaders believe their executive teams are prepared to tackle this challenge, despite a six percentage point improvement over the past six months.
THREATS
% of leaders selecting as top 5 issue
L6M Change
% of leaders prepared or very prepared
L6M Change
1. Availability of key talent/skills
60%
↓
43%
↑
2. Uncertain economic growth
54%
↑
40%
↑
3. Technological change
53%
↓
53%
↑
4. Geopolitical uncertainty
47%
↑
36%
↑
5. Changes in consumer behaviour
37%
↑
49%
↑
Against the backdrop of a potential global recession and trade tensions, the economy weighs heavily on leaders globally, with 54% of Indian leaders citing uncertain economic growth as a top concern. Related economic concerns also gained prominence with geopolitical uncertainty surging from seventh to fourth place. In uncertain and tumultuous environments, decisive leadership actions are crucial in setting examples for the organization, distinguishing those who thrive from those who falter, and defining competitive success.
How our leadership advisors can helpOur leadership advisors are experts in building teams of transformational leaders who can help you look toward the future with confidence. We’re well-versed in guiding organizations through change. If your leaders are concerned about weathering economic uncertainty, navigating technological change, or looking for guidance on how to engage and retain your leadership team, our advisors are here to help. Connect with our experts today |
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