![]() ![]() The area that most CEOs agreed that they could be a force for good was climate. “Bringing our desires to change the world together at scale, so we’re not all doing it individually but we rally around some very big ideas and come together, it’s a huge opportunity.” “We have a tremendous opportunity as CEOs and businesses to be a force for good, to take and seize the leadership moment that we have in front of us,” said PayPal President and CEO Daniel Schulman. This idea is tied closely to businesses leading the way on reducing emissions and increasing sustainability, as well as bolstering their ESG efforts. Fun and creativity are key, she said-one company’s CEO even carves out time to read stories to the children of his employees as a means of giving parents a break and boosting overall family wellness.Īnother common theme in the discussions was how the pandemic’s disruption offered companies the chance for redefining and reinventing themselves. She also noted that this model needs to address the negative mental health aspects that come with isolation, pointing out that some businesses have scheduled “drop bys” with leadership to stay connected. “This crisis we were put in, to go remote and hybrid, is actually itself a huge opportunity to increase productivity, to access talent geographically across the world that we hadn’t been able to do,” said Kristin Peck, CEO of Zoetis Inc. One solution, as agreed upon by many of the CEOs in attendance, is to embrace the changes in normal work operations that were caused by the pandemic. It is creating a need for more great people.” What we’re seeing is that the opposite is happening, that digital transformation is driving a ton of growth. It’s proving wrong some of these prognostications that all the innovation and the deployment of new technologies would be this big net destroyer of jobs. ![]() “It is an incredibly competitive labor market and that’s across the blue collar and the white collar,” said Deloitte CEO Joe Ucuzoglu. The concerns expressed by these CEOs mirrored the results of Fortune and Deloitte’s latest survey of top executives, in which 71% of respondents said that the labor and skills shortage would likely be the biggest hindrance to operations in 2022, followed by the pandemic (56%). The event featured dozens of executives from a wide array of industries discussing the top opportunities and challenges they’re facing this year. It’s the perfect time to heed the wise words that are attributed to Winston Churchill during World War II: “Never let a good crisis go to waste.” At least, that’s the consensus that came out of Fortune’s CEO Davos Dinner, which took place virtually this year after the annual World Economic Forum in Sweden was postponed due to the pandemic. ![]()
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