CEOs Clash With Colleagues over Business Growth (Asia)

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© 2016 Epicor Software Corporation CEOs Clash With Colleagues over Business Growth How can CEOs and their colleagues use conflict as a force for good?

Transcript of CEOs Clash With Colleagues over Business Growth (Asia)

Page 1: CEOs Clash With Colleagues over Business Growth (Asia)

© 2016 Epicor Software Corporation

CEOs Clash With Colleagues over Business GrowthHow can CEOs and their colleagues useconflict as a force for good?

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© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation2© 2016 Epicor Software Corporation

Research, conducted by MORAR Consulting and commissioned by Epicor, questioned 1,800 business leaders from 12 countries worldwide*

* Source: The research was conducted by MORAR Consulting and surveyed 1,824 managing directors, and heads of finance, operations and IT in businesses with 100+ staff spanning the manufacturing, distribution and service industries (and in businesses of all sizes in Retail) in Australia, Canada, China, France, Germany, Hong Kong, India, Mexico, Singapore, Sweden, the UK, and the US. (MORAR, Growth Survey, 2015).

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The Research Shows Five Disagreementsbetween the CEO and the rest of the Senior Team …………

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Disagreement No. 1:CEOs CFOs, CIOs and COOs

53% of CEOs do not think growth is rewarding

53% of CFOs, CIOs and COOs said they do find growth rewarding

53%Disagree

53%Agree

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57% of CEOs attribute growth to hard work and determination…

…the others think good planning is the cause of successful growth

Disagreement No. 2:

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Disagreement No. 3:

CFOs and CIOsCEOs

40% of CFOs and CIOs consider a skilled workforce a

stimulant for growth

Only 35% of CEOs consider a skilled workforce a stimulant for growth

40%Agree

35%Agree

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Disagreement No. 4:

42% of CEOs worry that growth can result in a loss of intimacy

with customers

Only 38% of CIOs, COOs and CFOs feel the same

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Disagreement No. 5:

40% of CEOs agree access to information is criticalcompared to 34% of CFOs, COOs and CIOs

40%Agree

34%Agree

40%Agree

34%Agree

CFOs, COOs and CIOsCEOs

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Bureaucracy

Economic uncertain

ty

The main barriers

to growth

31% of CIOs, COOs

and CFOs think economic

uncertainty is the biggest

factor

38% of CEOs think

bureaucracy is the greatest

barrier to growth

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There's a lot of disagreement amongst management teams.

What impact does that have on growth?

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When the information that underpins the debate is poor……..

conversations can become destructive barriers to growth

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And yet conflict can be a force for good in business

In fact, conflict can be healthy

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Conflict can change conversations and alter the way decisions are made

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77% of CEOs agree thatan effective and integrated IT infrastructure is essential to stimulate the ideas that lead

to improved business performance

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Conflict , when backed with the right data, can

stimulate debate and encourage innovation

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“Aligning the C-suite with accurate information on the stimulants and impact of growth throughout the business is essential……technology can be used by the whole C-suite to

mitigate the challenges CEOs associate with growth.” Martin Hill, Vice President, Epicor

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Download the eBook to find out more about how to change the conversation and use technology to your advantage.

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© 2015 Epicor Software Corporation© 2015 Epicor Software Corporation18© 2016 Epicor Software Corporation

Epicor promotes business growth by providing flexible, industry-specific software—designed around the precise needs of our customers—that dramatically improves performance and profitability while managing complexity.

Your Priority is Our Priority

Contact us+65 6333 8121

[email protected] www.epicor.com/asia