TCS 2021 Global Leadership Study
Where, How and What Leaders Will Compete With in the New Decade
TCS 2021 Global Leadership Study: Key Findings Report
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Highlights
- TCS conducted a major research study to understand how large global companies have recalibrated their strategies through 2025.
- The TCS 2021 Global Leadership Study revealed 4 essential takeaways.
- Even with the growth in massive digital opportunities Senior Leaders anticipate, most are significantly underestimating the amount of innovation they will need to compete.
Insights in this article
Discover What Senior Leaders at Top Performer Companies Do Differently
TCS conducted a major research study to understand how large global companies have recalibrated their strategies through 2025. We asked more than 1,200 senior leaders of large global companies 15 key industries across 14 countries:
“How do you plan to balance innovation with optimization from now through the mid-2020s?”
Specifically, we wanted to know how they were planning across four arenas of their businesses:
Various parameters on which large global firms are balancing innovation with optimization.
The TCS 2021 Global Leadership Study revealed these 4 essential takeaways:
Senior Leaders recognize that continued growth and profitability will likely come from new collaborators (even competitors), new digital offerings, and new industries and ecosystems. Read more.
Senior Leaders predict innovation and a customer & employee centricity need to drive their culture more than shareholder value. Read more.
In an increasingly digital business environment, Senior Leaders predict many areas of the organization will be subject to cyberattacks. Read more.
Most Senior Leaders predict that optimization will be more important than innovation for organizational growth and profitability between now and 2025. Read more.
Comparing Leaders and Followers
What do the best companies do differently than all the rest to meet evolving digital challenges? This report uses the terms “Leader” and “Follower” throughout to refer to these two subsets of our 1,206-survey population as defined below.
A comparison between leaders and followers in how they view digital opportunities between now and 2025.
The Big Takeaway
Even with the growth in massive digital opportunities Senior Leaders anticipate, most are significantly underestimating the amount of innovation they will need to compete.
Our Recommendations:
The survey uncovers 6 recommendations for Senior Leaders and their executive teams to enable them to successfully navigate their business in the mid-2020s.
Infographic
Where are Senior Leaders planning to focus their efforts between now and 2025? View infographic.
Infographic
The Global Leadership Study asks: What is more important for the mid-2020s? Explore the 4 Essential Takeaways. View infographic.
