The pace of technological, regulatory and political change in today’s transformative age creates unprecedented challenges for business leaders. With so many shifting variables both inside and outside the organization, how can business leaders lay solid foundations for growth?
In this episode of The Better Question podcast series, our host Juliette Foster in conversation with Peggy Johnson, Executive Vice President of Business Development at Microsoft, and Annette Kimmitt, former EY Global Growth Markets Leader.
Peggy Johnson has been given the nickname Microsoft’s “dealmaker-in-chief”, having led the $26b purchase of LinkedIn as well as more than 40 other acquisitions for the corporation.
She shares her thoughts on some of the key elements necessary for innovation and growth in today’s rapidly changing context, including embedding a growth mindset throughout the company, building diverse teams, choosing M&A targets and managing their integration, and balancing the need to embrace new technologies while creating safeguards to protect against the perils of implementing them too quickly.
Annette Kimmitt shares how middle market companies around the world are prioritizing for growth according to the EY Global Growth Barometer 2018, and highlights how quickly those priorities are changing based on the survey’s year on year results.
- By embedding a growth mindset throughout an organization and building diverse teams where everyone can be their best selves, companies can encourage constant learning and enable innovation.
- Companies should continually monitor external signals to identify early stage trends that might be new products in the future.
- Mergers and acquisitions (M&A) should be undertaken to solve a specific problem, but cultural fit will often determine success or failure.
- A set of principles should guide the adoption of new technologies, such as Artificial Intelligence (AI) and Robotics Process Automation (RPA), to protect against potential downsides.
For your convenience, full text transcript of this podcast is also available. Read the transcript.
Juliette FosterBusiness journalist
Duration 17m 27s
In this seriesSeries overview
EY Global Markets Digital and Business Disruption Leader