WEBVTT 1 00:00:00.251 --> 00:00:04.140 (gentle percussion music) 2 00:00:04.140 --> 00:00:07.903 For CEOs today, the biggest risk isn't uncertainty, 3 00:00:07.903 --> 00:00:09.990 (camera shutter clicking) it's hesitation. 4 00:00:09.990 --> 00:00:12.210 Over half the CEOs we surveyed 5 00:00:12.210 --> 00:00:15.630 say their greatest regret wasn't the risks they took. 6 00:00:15.630 --> 00:00:20.070 It was not moving fast enough when they had the chance. 7 00:00:20.070 --> 00:00:22.110 So how do you move from indecision 8 00:00:22.110 --> 00:00:25.170 to action that drives real impact? 9 00:00:25.170 --> 00:00:28.000 Give us four minutes and we'll show you how. 10 00:00:28.000 --> 00:00:31.167 (bright gentle music) 11 00:00:33.480 --> 00:00:36.840 In a world of shifting markets, AI disruption, 12 00:00:36.840 --> 00:00:39.690 and global tensions, playing it safe 13 00:00:39.690 --> 00:00:44.130 can feel like the smart move, but that can be just as risky. 14 00:00:44.130 --> 00:00:48.510 Our research shows the CEOs who make big strategic bets 15 00:00:48.510 --> 00:00:52.080 early in their tenure outperform those who wait, 16 00:00:52.080 --> 00:00:55.800 and investors agree. Which is why 80% back companies 17 00:00:55.800 --> 00:00:57.660 pursuing innovation, 18 00:00:57.660 --> 00:01:00.480 even if it squeezes margins in the short term. 19 00:01:00.480 --> 00:01:03.963 The first step, put a price on waiting. 20 00:01:04.860 --> 00:01:07.008 Don't just look at what could go wrong, 21 00:01:07.008 --> 00:01:09.658 (camera shutter clicking) ask what it costs to wait. 22 00:01:10.530 --> 00:01:15.530 So when the value you're creating is margin or is cost, 23 00:01:16.410 --> 00:01:18.900 you can very directly measure that 24 00:01:18.900 --> 00:01:23.310 and calculate a weekly or a monthly run rate. 25 00:01:23.310 --> 00:01:28.110 But the cost of waiting also shows up in momentum metrics, 26 00:01:28.110 --> 00:01:32.490 or metrics that signal brand and enterprise health. 27 00:01:32.490 --> 00:01:35.490 Things like the loss of share, 28 00:01:35.490 --> 00:01:38.100 declining consumer preference, 29 00:01:38.100 --> 00:01:41.940 or even the amount of capital being reinvested, 30 00:01:41.940 --> 00:01:42.993 to name some. 31 00:01:44.070 --> 00:01:47.820 Second, balance your operator and investor hats. 32 00:01:47.820 --> 00:01:51.180 While running today's business can be all-consuming, 33 00:01:51.180 --> 00:01:56.130 CEOs also need to lay the foundations for future growth. 34 00:01:56.130 --> 00:01:59.340 And that kind of strategy doesn't happen by accident. 35 00:01:59.340 --> 00:02:01.830 Imagine a perfectly well-run company. 36 00:02:01.830 --> 00:02:04.170 What's left for the CEO to do, in that case? 37 00:02:04.170 --> 00:02:06.990 Well, the only thing left for the CEO to do 38 00:02:06.990 --> 00:02:09.210 is to think about what's next. 39 00:02:09.210 --> 00:02:11.700 If you can manage to balance running the company 40 00:02:11.700 --> 00:02:14.220 and reinventing it at the same time, 41 00:02:14.220 --> 00:02:15.053 that is the recipe for success in a fast-moving world. 42 00:02:15.053 --> 00:02:17.592 (hand tapping) 43 00:02:18.570 --> 00:02:21.600 Next, get out of the echo chamber. 44 00:02:21.600 --> 00:02:25.200 Too often, CEOs hear what they want to hear, 45 00:02:25.200 --> 00:02:26.820 not what they need to. 46 00:02:26.820 --> 00:02:30.900 The best leaders encourage candor, dissent, 47 00:02:30.900 --> 00:02:32.973 and seek outside perspectives. 48 00:02:34.200 --> 00:02:36.660 When a leader becomes a CEO, 49 00:02:36.660 --> 00:02:39.780 the whole organization is watching 50 00:02:39.780 --> 00:02:42.540 how they take in information, 51 00:02:42.540 --> 00:02:45.390 what they respond positively to, 52 00:02:45.390 --> 00:02:48.330 what they respond negatively to, 53 00:02:48.330 --> 00:02:52.500 and it starts feeding them back that information. 54 00:02:52.500 --> 00:02:54.840 If I had one piece of advice, 55 00:02:54.840 --> 00:02:57.570 it would be to get off the executive floor. 56 00:02:57.570 --> 00:03:02.570 Communicate to the organization that, in no uncertain terms, 57 00:03:02.580 --> 00:03:05.010 you are the type of individual, 58 00:03:05.010 --> 00:03:08.010 and the company's culture is one, 59 00:03:08.010 --> 00:03:12.360 that values and expects constructive challenge 60 00:03:12.360 --> 00:03:14.970 and constructive criticism. 61 00:03:14.970 --> 00:03:18.900 Lastly, challenge what you think you know. 62 00:03:18.900 --> 00:03:22.740 Even the best strategies can hide biases and blind spots, 63 00:03:22.740 --> 00:03:24.660 so work to uncover them. 64 00:03:24.660 --> 00:03:27.270 This is a beautiful moment to step back 65 00:03:27.270 --> 00:03:28.950 and think, "Which of my assumptions, 66 00:03:28.950 --> 00:03:32.550 which of my mental models might be ready for a change? 67 00:03:32.550 --> 00:03:34.230 Which constraints can be broken? 68 00:03:34.230 --> 00:03:36.120 How can I look at things differently?" 69 00:03:36.120 --> 00:03:38.490 Because, yes, there's a competitive advantage 70 00:03:38.490 --> 00:03:40.500 in being better prepared than others, 71 00:03:40.500 --> 00:03:42.810 especially in volatile times. 72 00:03:42.810 --> 00:03:43.950 This is the sort of thing 73 00:03:43.950 --> 00:03:47.370 that can differentiate the leaders from the laggards. 74 00:03:47.370 --> 00:03:50.640 No CEO can afford to act impulsively, 75 00:03:50.640 --> 00:03:53.070 but if they pair vision with discipline, 76 00:03:53.070 --> 00:03:56.580 they can seize opportunities others overlook. 77 00:03:56.580 --> 00:03:58.680 The pace of change isn't slowing. 78 00:03:58.680 --> 00:04:01.143 The only question is, will you?