Market factors such as technological advances, geopolitical
shifts and more are accelerating the need for companies to prepare
for corporate upheaval
MENLO
PARK, Calif., March 11,
2025 /PRNewswire/ -- Organizations globally are
operating in an environment that is changing rapidly, and those
that view themselves as disruptors operate differently compared to
organizations that view themselves at risk of being disrupted.
That is among the major findings of the second annual Global
Board Governance Survey conducted by Protiviti, BoardProspects and
Broadridge Financial Solutions.
Other key survey findings include:
- 75% of companies believe business models will be changing
within three years.
- A strong majority of companies do not see themselves as
change agents — Just 15% put themselves in the
disruptive leader category. Some (34%) believe they are fairly
disruptive and are making progress at becoming more disruptive
(disruptive aspirants). Some (25%) believe they are a disruptor but
also are at risk of being disrupted. Others (16%) believe they are
at risk of being disrupted but can quickly pivot and adapt (agile
followers). Still others (7%) think they are at risk of being
disrupted and slow to evaluate how to respond and react, and 3% are
not sure where their companies fall on this continuum.
- Disruptors see the world differently and are better prepared
to embrace change — 77% of disruptive leaders are
confident or highly confident in their ability to recognize, adapt
and respond timely to disruptions, versus 28% of organizations that
are slow to respond to disruption.
- How companies view generative AI offers a litmus test of
their propensity to disrupt — 72% of disruptive leaders
view generative AI as providing a significant or moderate
opportunity to be a disruptor, while more than 40% of disrupted
organizations view the technology as a risk to disrupt them.
"We have experienced more change in this decade than we have
since the turn of the century with more on the horizon," said
Joe Tarantino, president and CEO of
Protiviti. "The key to managing the uncertainty of a disruptive
global marketplace is being proactive in embracing change and
seizing opportunities. It is all about having a mindset of
anticipating, preparing, adapting and acting decisively."
"The findings of this year's Global Board Governance Survey
reveal a stark reality: organizations that position themselves as
disruptive leaders are significantly better equipped to harness
emerging technologies and navigate change," said Mark Rogers, founder & CEO, BoardProspects.
"This highlights the critical importance of boards fostering an
innovative culture that embraces disruption rather than merely
responding to it."
"These important findings affirm that today's most successful
leaders are embracing digital disruption to ensure they deliver
enduring value for their shareholders, customers and associates,"
said Doug DeSchutter, co-president,
Investor Communications Solutions, Broadridge Financial
Solutions.
Resources Available
The Global Board Governance Survey research report, "Disruptors
See the World Differently," from Protiviti, Broadridge and
BoardProspects, is available for complimentary download here.
Protiviti's global webinar will be held on March 19, 2025, with a one-hour panel discussion
on the survey's findings. Join us to learn more about the survey
results and their implications. Attendance is free with
registration here.
Survey Approach
Protiviti, Broadridge and BoardProspects conducted the online
Global Board Governance Survey in the fourth quarter of 2024. The
companies polled more than 1,800 (n=1,831) board members, CEOs and
other C-suite executives. The responses of directors who serve on
multiple boards reflect the largest company for which the director
serves on the board.
About Protiviti
Protiviti (www.protiviti.com) is a global consulting firm that
delivers deep expertise, objective insights, a tailored approach
and unparalleled collaboration to help leaders confidently face the
future. Protiviti and its independent and locally owned member
firms provide clients with consulting and managed solutions in
finance, technology, operations, data, digital, legal, HR, risk and
internal audit through a network of more than 90 offices in over 25
countries.
Named to the Fortune 100 Best Companies to Work
For® list for the 10th consecutive year,
Protiviti has served more than 80 percent
of Fortune 100 and nearly 80 percent of Fortune
500 companies. The firm also works with government agencies and
smaller, growing companies, including those looking to go public.
Protiviti is a wholly owned subsidiary of Robert
Half (NYSE: RHI).
About BoardProspects
BoardProspects is the premier board recruitment solution for
public and private companies.
Founded in 2010, the innovative platform offers for-profit
corporations of all sizes a cost-effective way to identify, assess,
and recruit board members from a prestigious community of
highly-regarded and credentialed board members, c-suite executives,
and thought leaders. BoardProspects leverages technology to improve
the board recruitment process for publicly traded and private
corporations and provides the tools and features necessary to
create a diverse and talented board succession pipeline.
About Broadridge
Broadridge Financial Solutions (NYSE: BR) is a global technology
leader with the trusted expertise and transformative technology to
help clients and the financial services industry operate, innovate,
and grow. We power investing, governance, and communications for
our clients – driving operational resiliency, elevating business
performance, and transforming investor experiences.
Our technology and operations platforms process and generate
over 7 billion communications per year and underpin the daily
trading of more than $10 trillion of
securities globally. A certified Great Place to Work®,
Broadridge is part of the S&P 500® Index,
employing over 14,000 associates in 21 countries.
For more information about us, please
visit www.broadridge.com.
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SOURCE Protiviti Inc.