Business leaders are very optimistic as regards global economic development and company revenue growth in the coming year. Companies and economies are doing well. However, they are very concerned about specific near future threats to their business.
The future will be about technologies that transform services and products, and corporate processes, both external and internal. However, all this will require many changes to companies, and staff with diverse skills, which are currently difficult to find. For many years, the education system has not been giving people the right skills that businesses require. Unfortunately, we must admit that the situation will not improve any time soon.
We will all have to change our current practices. CEOs realize they will not only have to implement new technologies and change HR strategies, but also make their brands more attractive and invest in education, coaching, retraining and more demanding team and company management, as staff education and development will be their responsibility to a greater extent and this will be expensive.
Alex Šrank
Country Managing Partner PwC