Nicola Sfondrini’s Post

Unlocking a 13-fold performance advantage is the hallmark of top-performing companies, and their leaders share common strategies, as revealed by a survey of over 2,000 global executives. The key differentiators include executives with strategic foresight, a focus on performance-driving activities, and a commitment to enterprise-wide transformation paired with a bias toward action. The impact? Top-quintile companies enjoy a performance premium over 13 times that of their industry peers. 🔍 Strategic foresight, encapsulating a deep understanding of business ecosystems, managed services partnerships, and new technologies, propels these leaders. Notably, they are 1.5 times more likely to concurrently focus on all three key dimensions. A distinctive trait is their unwavering commitment to tight strategic focus, emphasizing unique value creation over being a jack-of-all-trades. 🌐 Leaders aspiring to similar success must hone skills for leading under uncertainty. Proactively seeking weak signals and anomalies, utilizing technology for insightful analysis, and mitigating human biases are crucial. 🔮 What steps are you taking to cultivate strategic foresight and lead your organization through transformative shifts? #leadership #business #transformation #strategies

The business environment is rapidly evolving, and leaders must learn to adapt quickly to shepherd their organizations to the next big idea. A few key elements of that agility are learning to recognize weak signals and garnering enough general knowledge to creatively connect weak signals to emerging opportunities. Secondly, you'll want to harness technology to provide valuable insights as you set out a road map for organizational transformation. What success stories have you seen with either of these tactics? #OrganizationalTransformation #WeakSignals #Leadership https://lnkd.in/eU53ysqH

The business environment is rapidly evolving, and leaders must learn to adapt quickly to shepherd their organizations to the next big idea. A few key elements of that agility are learning to recognize weak signals and garnering enough general knowledge to creatively connect weak signals to emerging opportunities. Secondly, you'll want to harness technology to provide valuable insights as you set out a road map for organizational transformation. What success stories have you seen with either of these tactics? #OrganizationalTransformation #WeakSignals #Leadership https://lnkd.in/eMeWX3Nk

A global survey of the C-suite sheds light on their biggest priorities in 2024. Leaders are searching for sustainable growth opportunities and a cost strategy to support this ambition. Learn more about the results of this global survey in BCG's latest Executive Perspective titled “The CEO`s Guide to Cost and Growth”: https://lnkd.in/dzdu2Rtt #CostTransformation #BusinessTransformation #Leadership2024 #BCGInsights #BCGExecutivePerspectives #Strategy #CEOagenda

A global survey of the C-suite sheds light on their biggest priorities in 2024. Leaders are searching for sustainable growth opportunities and a cost strategy to support this ambition. Learn more about the results of this global survey in BCG's latest Executive Perspective titled “The CEO`s Guide to Cost and Growth”: https://lnkd.in/dzdu2Rtt #CostTransformation #BusinessTransformation #Leadership2024 #BCGInsights #BCGExecutivePerspectives #Strategy #CEOagenda

Engaging conversations and discussions with our key note speakers, #strategic partners, thought leaders, change-makers, and other expertise at the #FutureOfWorkSummit. Lets harness your insights on how your business will gain a #CompetitiveEdge, growth, and #sustainability while also exploring strategies on how to grow a fit-for-purpose team in your organization. #FutureOfWorkSummit #kepsandfutureofwork #globalcompetitiveness

What sets top-performing companies apart from the rest?   🚀 A recent study analyzed the responses of over 2,000 global executives to find out. The findings revealed that leaders at these companies possess strategic foresight, a laser focus on performance-driving activities, and a commitment to enterprise-wide transformation. By mobilizing resources for business transformation, these leaders position their organizations for even greater success.   💼 The performance advantage of these top-quintile companies is staggering—over 13 times that of their industry peers in terms of profit margin and revenue growth. So, what are these leaders doing differently?   🔍 They prioritize three key dimensions: business ecosystems, managed services partnerships, and new technologies. By leveraging these dimensions, they create positive flywheels that drive their organizations forward. They use technology to lower transaction costs, gain privileged insights, and capitalize on customer movements within their ecosystems.   🔮 Strategic foresight is a common trait among leaders at top-performing companies. They recognize opportunities and threats in each dimension and spearhead initiatives to address them. These leaders also maintain a tight strategic focus, concentrating on activities that create unique value for their organizations.   🌟 To become better leaders, we can learn from their practices. Pay attention to weak signals and anomalies, as they may indicate significant changes on the horizon. Embrace technology to gain insights from diverse data sources. And finally, embrace transformation as a priority for your organization's long-term viability.   🚀 By developing these skills and mindsets, we can become leaders who sense and respond to opportunities and threats, while harnessing the power of AI. Read more in this article: https://lnkd.in/d5ENswZF   #strategy #transformation #leadership #AI

Our experience and the data suggest that a Transformation Office can improve value creation by up to 50%. It can help accelerate value delivery while improving transparency and accountability. By centrally managing the mechanics of a transformation, a TO frees up business leaders to execute and achieve the goals of the endeavor. Read on for more in this article by Kristy Ellmer, Julia Dhar, Simon Weinstein, Cordelia Chansler, Paul Catchlove, and Connor Currier. https://lnkd.in/edZr-zTD #BusinessTransformation #BCGonTransformation #ChangeManagement #TransformationOffice BCG on Transformation

A global survey of the C-suite sheds light on their biggest priorities in 2024. Leaders are searching for sustainable growth opportunities and a cost strategy to support this ambition. Learn more about the results of this global survey in BCG's latest Executive Perspective titled “The CEO's Guide to Cost and Growth”: https://lnkd.in/eNu2x_hD #CostTransformation #BusinessTransformation #Leadership2024 #BCGInsights #BCGExecutivePerspectives #Strategy #CEOagenda BCG on Transformation

An interesting read on what leaders are thinking about cost and growth in 2024.