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Blog - Leadership survey: How prepared are leaders to face key business issues? Do executives think boards give good advice? | Cooley LLP


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While it’s certainly not yet in the rear-view mirror, as we start to see COVID-19 begin to fade as an all-consuming crisis for business thank you science and scientists! what are the next issues that corporate leaders must face and how ready are they to face them? Consultant Russell Reynolds Associates has just released its 2021 Global Leadership Monitor​, designed to track top business issues and monitor leadership preparedness.  Some of the more interesting findings: In terms of “stakeholder capitalism,” while customers are top of the heap, employees come in second as key stakeholders ahead of stockholders.   Most fascinating perhaps is this revelation: 40% of CEOs and other C-Suite executives “don’t believe the executive team receives good advice and input from the board.” ....

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Report Reveals Customers Dominate but Employees Edge Out Investors and the Board as Key Stakeholders, According to Russell Reynolds Associates


Report Reveals Customers Dominate but Employees Edge Out Investors and the Board as Key Stakeholders, According to Russell Reynolds Associates
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Report also finds that availability of key talent and skills (61%), uncertain economic growth (59%) and changes in consumer behaviour (51%) are key concerns among Australia business leaders
MELBOURNE, Australia, May 12, 2021 /PRNewswire/ Russell Reynolds Associates, a global leadership advisory and executive search firm, today released its 2021 Global Leadership Monitor, the first report of its kind to track top business issues and leadership preparedness to face them. The findings shed light on the significant challenges and impacts business leaders have faced since the start of pandemic, as well as their confidence and concerns in navigating the road ahead. ....

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Employees to be more impactful than investors and the boards in future business strategy


Employees to be more impactful than investors and the boards in future business strategy
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Notably, in Mainland China and Hong Kong, customers (56%) and governments took the number one spot in the most influential stakeholder on organisational strategy, followed by employees (54%).
New data has found that in the next five years, customers (70%) and employees (41%) will be the most influential stakeholder groups on business strategy globally.  
According to Russell Reynolds Associates latest report which surveyed more than 1,000 business leaders across 53 countries, investors (37%) and the board (33%) were ranked third and fourth. The report explained that the changing power dynamic has shown that “global leaders are increasingly aware of the influence that employees can exert over public discourse, with social media a ready platform for airing concerns”.  ....

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Report Reveals Customers Dominate But Employees Edge Out Investors And The Board As Key Stakeholders, According To Russell Reynolds Associates


Report Reveals Customers Dominate But Employees Edge Out Investors And The Board As Key Stakeholders, According To Russell Reynolds Associates
Report also finds that availability of key skills and talent is a top concern for 59% of leaders, and the issue they feel least prepared to address.
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NEW YORK, May 4, 2021 /PRNewswire/ Russell Reynolds Associates, a global leadership advisory and executive search firm, today released its 2021 Global Leadership Monitor, the first report of its kind to track top business issues and leadership preparedness to face them. The findings shed light on the significant challenges and impacts business leaders have faced since the start of pandemic, as well as their confidence and concerns in navigating the road ahead. ....

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Western Fashion Brands Sued for Using Forced Labor in China


The suit accuses Spain-based Inditex (whose brands include Zara, Bershka, Massimo Dutti, Oysho, Pull and Bear and Stradivarius), France-based SMCP (comprised of Parisian brands, Sandro, Maje, Claudie Pierlot and De Fursac), U.S.-based footwear company Skechers, and the U.S. subsidiary of the Japanese fashion retailer Uniqlo, of being accomplices in serious crimes, including concealment of the crime of forced labor, the crime of organized human trafficking, the crime of genocide and crimes against humanity.
The plaintiffs are asking the French judiciary to rule on the possible criminal liability of the companies. The stated aim is to end impunity for the brands, which are accused of offloading on their subcontractors their responsibility for human rights. ....

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