Leaders more confident of Covid response than sustainability or diversity
A new survey by Russell Reynolds Associates has polled over 1,300 executives across over 50 countries, shedding light into some of key priorities and challenges of leaders globally.
One of the key findings is that when it comes to the top external factors impacting organisational health over the coming years, most executives agree that their leadership is prepared to meet the challenge. Around 61% listed uncertain economic growth as a top five challenge, 63% said their leadership was prepared.
Following this, business leaders appear extremely confident when it comes to handling public health crises in the future. When asked how confident they were in the executive team or advisory board’s response to the Covid-19 pandemic, more than 80% of CEOs, C-level executives, next-generation leaders and board advisory members agreed they had performed well.
James Roome, Managing Director at Russell Reynolds Associates, commented, “The pandemic has been a period of disruption for us all – personally and professionally. Inevitably the past year has prompted business leaders to consider how they are spending time in their careers and how they balance their priorities.”
That being said, business leaders were markedly less confident in how effectively the executive team and board embraced digital transformation, ESG opportunities, or diversity and inclusion efforts.