In this age of transparency, how a company does things has become equally important as what it does, finds this report by Accenture Strategy.
The Accenture Strategy Competitive Agility Index quantifies the impact of trust on a company’s bottom line. Their 2018 analysis revealed that 54 percent of the companies that were examined experienced a material drop in trust at some point during the past two and a half years. Across the 54 percent, revenues at stake conservatively equate to at least US$180 billion.
Key points to consider:
- Know where you stand – The only way to know this is to measure it. If you can’t measure it, you can’t manage it.
- Make trust part of your cultural bedrock – leadership teams must embrace trust as a core element of business strategy.
- Elevate trust’s role in your overall strategy – in the mid and long-term, companies need trust across the stakeholder map to access avenues to growth. Without the support of all stakeholder groups, your company will face a growth disadvantage versus competitors.
Read, watch & listen to some of the latest thought leadership from our Community.
Europe's AI Reckoning: Reinve...
Europe’s productivity challenge is growing and the clear root cause is underinvestment in technology. In this report, Criticaleye Partner Accenture explores the potential of artificial intelligence (AI) to bo...
How are women leaders responding to disruption in today’s uncertain world? This report from Criticaleye Partner AlixPartners draws on insights from its latest Disruption Index to reveal that women in leadership ar...
This research, conducted at our CEO Retreat, subtitled When Leadership Goes Faster, provides a fascinating insight into the challenges and priorities for CEOs this year.
Key findings from Criticaleye's CEO Resear...