How Midsize Companies Can Make the Most of Disruption

  • 📰 HarvardBiz
  • ⏱ Reading Time:
  • 66 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Stop thinking of change as inherently negative.

of disruption. We looked at three revenue bands: $100–500 million, $500 million–$1 billion, and >$1 billion — the lower end of which includes mid-cap, middle market companies. For the three bands, the Disruption Index was 75.9, 75.2, and 76.4.did vary — and the differences were revealing. For one, midsize companies are less affected by global disruptions, because they are generally, though supply chains affect them a lot.

Two areas stand out as trouble spots: technology and talent. In tech, 14% of $100–500 million segment companies said that they are setting the pace in digital transformation, vs 22% for the $1 billion+ segment — a difference of more than 50%. Middle market companies are twice as likely to admit that they have below-average technology capabilities. The problem isn’t money. The smaller companies say they have the resources they need. The problem is knowing what to do, then doing it.

The talent picture is similar: companies with $100–500 million in revenue are less than half as likely as big firms to say that they lead their industries in talent management and are twice as likely to say they lag behind. It’s difficult to puzzle out the source of the problem. They’re equally likely to say they have a strategic talent plan; they don’t report significantly greater difficulty finding and keeping talent.

in training, learning and development, and succession planning — which gives them a smaller in-house talent pool and puts them more at the mercy of heavily-disrupted talent markets.Compared to big companies, middle market companies seem to be nibbling around the edges of solutions to disruption rather than imagining big changes. The details are revealing. Middle market executives are:

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 310. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Gov. DeSantis signs bill banning credit-card companies from tracking firearm salesA bill that would prevent credit-card companies from using a code that could help track firearm and ammunition sales has been signed into law by Gov. Ron DeSantis Friday.
Bron: ActionNewsJax - 🏆 436. / 53 Lees verder »

Crypto Companies Raised $2.6B in Q1 2023 But There's a Catch: ReportDespite declining investment activity for the fourth consecutive quarter, Q1 2023 saw positive outlooks for the crypto space.
Bron: Crypto_Potato - 🏆 568. / 51 Lees verder »

Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says – Regulation Bitcoin NewsRussian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies.
Bron: BTCTN - 🏆 531. / 51 Lees verder »

Why Tech Companies Keep Making Racist Mistakes With AIIn 1998, I unintentionally created a racially biased artificial intelligence algorithm. There are lessons in that story that resonate even more strongly today.
Bron: Gizmodo - 🏆 556. / 51 Lees verder »

China's Recovery Lifts U.S. Companies' Sales as Domestic Consumers Pull Back SpendingMany U.S. companies said China’s recovery helped their quarterly sales, but demand hasn’t snapped back as quickly as expected for some.
Bron: nbcchicago - 🏆 545. / 51 Lees verder »