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In the rapidly shifting landscape of business and leadership, what external organizational challenges are Oceania's leaders most concerned with today? And how are they prioritizing their efforts to navigate a way forward.
Our bi-annual survey reveals the top five external factors that leaders in Oceania believe will impact the health of their organizations over the next 12-18 months, and how well-prepared these leaders feel to address these impending challenges.
THREATS
% of leaders selecting as top 5 issue
L6M Change
% of leaders prepared or very prepared
L6M Change
1. Technological change
2. Uncertain economic growth
3. Availability of key talent/skills
4. Changes in consumer behaviour
5. Increased regulation
Technological change is a top concern for most leaders in India, but only 41% are prepared to face this threat
Technological change—including AI, machine learning, big data, robotics, IoT, and 3D printing— has become a major concern for Oceania leaders, with 56% of them ranking it as a top-five threat to organizational health, up from #3 ranking to #1 over the past 6 months. However, only 41% of these leaders report being prepared to address this challenge, a significant decrease from 61% vs. 6 months ago. The swift advancements in generative AI and the resulting information deluge have significantly contributed to this lack of preparedness. This trend of growing unpreparedness is also observed globally.
Availability of talent and skills remains significant challenge
In Oceania, 50% of leaders cite the availability of key talent and skills a critical issue. Despite consistently ranking among the top three threats since 2021, only 33% of leaders feel prepared to address this gap, a 5 percentage point decrease vs. 6 months ago.
How our leadership advisors can helpOur leadership advisors are experts in building teams of transformational leaders who can help you look toward the future with confidence. We’re well-versed in guiding organizations through change. If your leaders are concerned about weathering economic uncertainty, navigating technological change, or looking for guidance on how to engage and retain your leadership team, our advisors are here to help. Connect with our experts today |
Explore global findings and the data in your region, industry, and role
Did you know that uncertain economic growth is more of a concern for leaders in Asia than other geographic regions? Or that workforce transformation is seen as more of a threat in the Americas than other parts of the world?
Find out what the top threats are for your region, country, industry, and role—and leaders' preparedness to face them.
Global Leadership Monitor H2 2024 - Key global findings
Global Leadership Monitor
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