Article
istock.com/FangXiaNuo
7 August 2023
By Varun Sarin
The makeup of the C-suite has always been subject to change, expanding, over the years, to include new and emerging CXO designations to better meet the evolving needs of today’s volatile world. In the face of recent emerging trends and an ever-changing business climate, the roles of executive leaders have undergone some profound transformations.
The period from 2020 to 2022 bore witness to unprecedented challenges, where catastrophic global events significantly impacted all aspects of life, including the business world. While the pandemic brought about a paradigm shift in work practices, with increased digitization and the rise of remote and hybrid work models, persistent geopolitical instability disrupted cross-border trade, impacting supply chains and costs. Consequently, organizations began seeking leaders who not only stay abreast of these changes but also possess a deep-rooted understanding of how to navigate and adapt to this new world of business.
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