2022's #1 Fear for CEOs: Business Model Disruption
It’s a new year with big business challenges. You would have thought CEOs would be worried most about the impact of Covid – but not so. That’s #13 on their list.
Disruption is the #1 fear. The frenetic pace of change in businesses and the world has accelerated during the pandemic. An Alix Partners study released on December 27 revealed almost every CEO (94%) surveyed said their company needs to reinvent the business model within the next three years. 57% fear they’re not moving fast enough.
The situation is also spiking CEO anxiety: 72% of CEOs fear losing their jobs due to disruptions facing their industries. That is an unprecedented level of anxiety.
All this comes as no surprise to veteran Fortune senior editor-at-large GEOFF COLVIN. He's been speaking and reporting on business model transformation for years – watching how leaders are leading the change that keeps their companies competitive and relevant.
Here's a great example of Geoff's reporting and research – a Fortune profile on how Goodyear has reinvented their business. Geoff also co-hosts a Fortune podcast and a recent topic was GM's transformation towards electric vehicles.
THE BIGGEST CHALLENGE FACING
First, it was technology driving change, then globalization, and now the pandemic, which has amped up the pace of change to levels that many find impossible to keep maintain.
As a speaker, Geoff’s expertise and insights are more relevant than ever as he reveals to audiences what the best companies and business leaders are doing right now to adapt to the relentless pace of change.
Geoff inspires leaders to have the courage to confront reality and move forward. As Geoff tells his audiences, “Even in this tough business environment, someone is going to win. Why not you?”
About Tony D'Amelio
Tony has spent his career putting talented people and audiences together, first in the music business and later representing the world's leading speakers. After concluding 27 years as Executive Vice President of the Washington Speakers Bureau, Tony launched D'Amelio Network, a boutique firm that manages the speaking activities of a select group of experts on business, management, politics and current events. Clients include: Mike Abrashoff, Vernice "FlyGirl" Armour, Geoff Colvin, Daryl Davis, Suneel Gupta, Ron Insana, Katty Kay, Polly LaBarre, Nicole Malachowski, Bill Walton, and Bob Woodward.