A recent article posted on Yahoo! Finance troubles me. The article shared highlights of a Conference Board report interested in what CEOs worry about.
"Fifty-one percent of CEOs in Asia report that stimulating innovation is their greatest concern, while 47% say acquiring talented managers is their greatest concern. Only 34% of CEOs based in Europe and 28% of U.S. CEOs cite innovation as their top concern, while only 32% of European CEOs and only 22% of CEOs in the U.S. say availability of talented managers is their greatest concern."
Why do fewer America CEOs think innovation and talent are top priorities? Areas of concern that the surveyed CEOs agreed about include 1. growth, 2. speed, flexibility and adaptability, and 3. customer loyalty/retention.
I wonder and worry if American leaders do not see the direct connection between innovation, talent, and these other endeavors? Doesn’t innovation precede growth? Speed, flexibility and adaptability can only occur when the workforce is talented and capable.