TCS 2021 Global Leadership Study

In many Large Established Organizations (LEOs) a critical tension they face is the need simultaneously to “run the business” and “change the business”. This aspect of strategy was the focus of a recent TCS survey that is well worth a quick look.

TCS conducted a major research study to understand how large global companies have recalibrated their strategies through 2025. They 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, this TCS study focused on how they were planning across four arenas of their businesses:

This study’s results can be summarized in 4 key issues:

  1. 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
  2. Senior Leaders predict innovation and a customer & employee centricity need to drive their culture more than shareholder value Read more
  3. In an increasingly digital business environment, Senior Leaders predict many areas of the organization will be subject to cyberattacks Read more
  4. Most Senior Leaders predict that optimization will be more important than innovation for organizational growth and profitability between now and 2025 Read more