Over 1,200 business leaders attend PwC annual conference taking place today and tomorrow 12 and 13 November at the Four Seasons Hotel.
Addressing the conference, Kevin Egan, Assurance Leader, PwC said:
"In organisations today we often see stressed customers and stressed balance sheets. In this fifth year of crisis, the need for resilient leadership has never been greater. Resilient leaders are not just communicating a vision for survival or adaptation. Instead, they realise that truly resilient organisations need something else: the agility to create and seize opportunities and to transform themselves in response to shifts in their environments and in consumer behaviour."
Guest speaker, Kevin Gaskell, Company Chairman and Business Leader said:
“Unforgiving markets are the reality for leaders seeking to build the successful companies of the future. I have found that opportunities are available to those companies which can meet the challenges of improved focus, reduced costs and enhanced efficiency whilst aggressively listening to and providing for the needs of the new customer. The winners of the future will be those organisations, large or small, which demonstrate a clear direction and drive rapid creativity, not as the exclusive role of senior management but as the focus of an environment of performance which embraces every member of an aligned and passionate team."
Bob Semple, Partner, PwC added:
"One of the best tools business leaders can use to address the challenges they face – and to become more resilient – is effective risk management. Recent research from Harvard has revealed how numerous psychological traps can result in ‘decision-making blindspots’, making risk management more difficult. In my experience , the leaders who acknowledge these traps and actively seek to overcome them are the ones who lead their organisations to success. The most important areas where greater value can be derived from risk management include more accurate assessment of organisation culture, defining the organisation’s appetite for risk, reporting of risk information to the Board and better management of emerging risks."
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