Spencer Stuart: Telco CEOs Today and in the Future
Telco CEOs Today, Plus 4 Questions for the Future
A new study from Spencer Stuart paints a broader picture of the current population of chief executives of the world's largest telecommunication companies based on attributes and experience:
- Professional background
- Board membership
- Route up (Internal vs. external)
- International experience
The telecommunications industry is at the confluence of a worldwide digital transformation, where virtually all aspects of consumer life and commerce have become inextricably connected. For every threat faced by a telecommunications CEO - intensified competition from over-the-top (OTT) content providers, increasing regulatory pressure, escalating customer demands, mounting security and privacy concerns - there are blossoming opportunities offered by emerging technologies like 5G, artificial intelligence (AI) and the internet of things.
The uncertain economic environment is constantly challenging traditional telecom business models, prompting the overhaul of internal operations as well as the pursuit of strategic partnerships, M&A and organic growth strategies to increase revenues. Responding to the ongoing disruption will require new creativity, collaboration, operational dexterity and customer focus led by this generation of CEOs and the next.
Read more to consider how those characteristics and competencies could lend themselves to meeting the current challenges faced by companies in this dynamic industry.