How today’s CEOs can win by Mckinsey global boss

Global chief executive of Mckinsey & Company, Dominic Barton, yesterday delivered to top Nigerian CEOs high-level counsel about how they can succeed in today’s difficult and rapidly changing business environment.

Barton spoke about the six tips of success at a breakfast meeting in Lagos held in collaboration with the Nigerian Economic Summit Group (NESG). He said today’s CEO must be willing and able to challenge his own orthodoxies and then go on to re-design his company’s business model. Many CEOs hold on their fading and sometimes outdated ideas about life and business at their own peril.

Secondly, Barton, who first visited Nigerian eight years ago when he spoke at the annual BusinessDay CEO Forum, said the winning CEO was one able to transition his company’s firm into a dynamic organisation, one that was nimble and agile, responding swiftly to changes around him without delay. Thirdly, he said it was important for a CEO to be equipped to re-allocate his company’s resources aggressively and efficiently in the light of emerging trends in the business landscape.

Fourthly, he said a CEO must be able to capture data and analytics opportunities for his firm in an age where data was everything.

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