Prior to the event, FORTUNE Knowledge Group surveyed 200 CEOs and 200 c-level executives, globally, to gather insights into the ways that CEOs are changing their leadership styles, traits and competencies to seize competitive advantage in the digital era. Key highlights of the survey include:
- 53% of CEOs and CXOs said vision and inspiration are the most important CEO traits in the digital era, 27% said analytical thinking, 12% said action focus and 7% said emotional intelligence
- Nearly 3/4 of executives say that a CEO is "very important" in shaping their organizations digital transformation strategy
"Well established and successful business leaders are confronted with the opportunity of succeeding in the digital era, this would be as much about self-transformation of leaders as it is of the enterprise. Successful handling of duality will stretch the boundaries of leadership. Listening to my fellow leaders about their remarkable self-transformation stories is an invaluable experience that encourages me even more," said Ganesh Ayyar, Chief Executive Officer and Executive Director, Mphasis who spoke on his personal transformation.
"True digital transformation must include a change in mental models by top leadership – and that must be preceded by a personal digital journey," said Steve Guglielmi, Senior Editorial Director of Knowledge@Wharton. "We believe that these stories – with their challenges and triumphs – will be an inspiration for our audience, who are also finding their way through this digital disruption."
"It really makes a difference when the CEO, or the top of the company chain, cares about change. You have to make sure you pick and choose the right influencers — not everyone can change, nor should they change — right away," said Sree Sreenivasan, Chief Digital Officer, NYC.gov, one of the speakers at the event.
Attending companies included leaders from Mphasis, LPL Financial, The Weather Channel, Onevest, Time Inc., Wyndham Worldwide, Helix Sleep, Viacom International Media Networks, The Wharton School, Fortune Magazine, Fortune Knowledge Group and The CEO Show.
Knowledge@Wharton is the online business analysis journal of the Wharton School of the University of Pennsylvania. The site, which is free, captures relevant knowledge generated at Wharton and beyond by offering articles and videos based on research, conferences, speakers, books and interviews with faculty and other experts on current business topics. Knowledge@Wharton offers content in Chinese, Spanish and Portuguese and has a separate site for high school educators and students.
About The FORTUNE Knowledge Group:
The FORTUNE Knowledge Group (FKG) is a custom business intelligence division of Time Inc., publisher of FORTUNE. FKG develops proprietary research and analysis on a range of issues, such as management, regulatory compliance, innovation and strategy.
Mphasis enables chosen customers to meet the demands of an evolving market place. Recently named by American Banker and BAI as one of the top companies in FinTech and as the "Most Distinguished Digital Company in 2015" by The Economic Times, Mphasis fuels this by combining superior human capital with cutting-edge solutions in hyper-specialized areas. Contact Mphasis through www.mphasis.com
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