What Makes a Company ‘Future Ready’? Lessons From NVIDIA, Hermès, and Pfizer
Description
Future Ready Companies Win More and Lose Less.
In this edition of Resource Centre, we explore insights from IMD’s 2023 Future Readiness Indicator what helps companies like Microsoft, NVIDIA, Nike, Hermès, Pfizer and AstraZeneca stay ahead of the curve.
Professor Howard Yu, LEGO® Professor of Management and Innovation at IMD, breaks down the factors involved in determining whether a business is future ready, and how businesses across various sectors can achieve ‘future-readiness'.
Over the course of the conversation, we will be touching upon the 7 key factors that affects the state of a company’s future readiness and those factors include:
(1) Financial fundamentals
(2) Investors’ expectations of future growth
(3) Business diversity
(4) Employee diversity or ESG
(5) Research and development
(6) Early results of innovation efforts
(7) Cash and debt management
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