Leadership Confidence Index: Increased confidence in leadership navigating disruption: Survey

Leaders are performing better in the face of disruption, with 42% of respondents now saying they have confidence in their leadership team to deal with disruption, according to a new survey by Odgers Berndtson.

This figure stood at 24% in the previous edition of the report in 2020.

The leadership role perceived as the most important in successfully managing disruption was categorically the CEO (85%) followed by the CHRO (53%) and chief operating officer or equivalent (45%). In the 2020 report, the role of CEO in managing disruption was the same (85%), but the role of the CHRO has seen an increase this year from 44% in 2020 to 53% in 2022. Nine in 10 respondents stated that their organizations had been impacted by disruption while also reporting their organizations had experienced growth (71%).

The Leadership Confidence Index by the global executive search and leadership advisory firm provides a single measure of confidence in leaderships’ ability to succeed through disruption. The analysis is based on responses to a study of 1,100 senior executives and board members across 46 countries including India, representing companies with revenues ranging from $$ 50 million to over $ 5 billion.

The methodology for the study has been developed by Odgers Berndtson and Forrester.

The increased confidence in leadership navigating disruption is mostly due to technology – the adoption of which grew significantly during the pandemic. 44% of executives now see it as a disruptive force, a reduction from 62% two years ago. Improving security and privacy, improving IT reliability and resilience, and reducing IT risk exposure are the top priorities in terms of IT objectives for leaders across global organizations in the next 12 months.

The survey also shows that diversity and sustainability have now taken center stage.

“Strong environmental, social, and governance (ESG) and D&I became hallmarks of successful organizations during the pandemic. Almost nine in 10 executives believe their businesses have made positive changes in these areas, and most (88%) are also confident in their leadership’s ability to keep improving in these areas, ”Prasad Medury, MD – India, Odgers Berndtson told ET.

“Leaders need to execute their ESG agenda with urgency and in an authentic manner. A failure to do so will result in employees losing faith and joining other companies, ”said Medury.

The report finds that changing customer expectations, sustainability / climate change and emerging technology like automation and artificial intelligence will be the top three contributors to disruption in the organization or industry.

Odgers Berndtson is a global leadership advisory firm providing expertise in executive and board search. Its services include executive search, interim executive appointments, leadership assessment and diversity and inclusion advisory. The firm has global operations across 33 countries.


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