Archived Insight | November 1, 2021
CEOs who participated in three roundtables agreed the pandemic was the greatest factor in speeding the adoption of new business practices. There was consensus that the changes are generally positive evolutions for employees’ workplace experience and the business.
CEOs expect these new practices to have long-term impact because they have changed business for the better and are here to stay:
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CEOs and other senior leaders of mid-sized companies participated in three roundtables during spring 2021. The CEOs represented a range of industries, including construction and engineering, financial and professional services, entertainment, healthcare and pharmaceuticals, manufacturing and technology.
Participants reflected on the findings of Hindsight 2020, a sizable CEO survey conducted by Chief Executive magazine.
Roundtable participants’ discussions focused on three key topics:
Roundtable participants remarked on these welcome surprises from the pandemic experience:
The leaders do not expect to return to former business practices, particularly since few employees are eager to go back to in-office work. Where practical, CEOs support continuing the remote, hybrid and flexible schedules, which they expect will have a positive effect on recruiting and retention.
For this to work well, CEOs will need to:
Roundtable participants have all started down this path. They look forward to seeing where the journey takes them as they plan for making their organizations more resilient and agile to face future challenges as well as seize new opportunities.
Any business leader who is interested in preparing their organizations to operate optimally post-pandemic will want to read what their peers had to say. Download your copy of the report today.
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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.
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