Over 40% of CEOs are at least somewhat concerned about their current business model, while 74% are also concerned about new competitors disrupting their business model.
That said, it must be worrying for investors to learn that despite these concerns, 71% of CEOs believe their company will be largely the same in 3 years time. Which begs the question; “why aren't these CEOs transforming their businesses?”
The world has changed, but some CEOs are not equipped to embrace the new disruptive landscape of doing business in the digital age. These are the CEOs that are likely to be leading their companies to become one of the 40% that will not exist in 10 years from now.