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Leaders believe AI is intrinsic to competitiveness and resilience, but many leaders in a global survey admit that transformation efforts are outpacing workforce capabilities.
Globally, nearly three-fourths of corporate reporting professionals use artificial intelligence tools daily. Companies with greater AI integration are able to use time savings to focus more on strategy.
One-third of employers globally expect geopolitical conflict to be a key driver of business transformation by 2030, according to a new report from the World Economic Forum.
Ninety-five percent of companies powered by AI are already considering hiring for AI-specific roles to stay ahead of the curve, but many leaders risk falling through the digital capacity gap, a new report says.
Fears about artificial intelligence are less about replacing people and more about diminishing the value of human skills, according to a global survey.
Companies with more mature cybersecurity approaches expect to increase cybersecurity spending and better integrate their cyber strategy into overall transformation plans.
A digital transformation expert provides a road map for organisations, emphasising that the process should not be tied to grand plans or large capital allocations.
Challenges including insufficient resources could pause digital innovation for finance leaders, becoming a bigger barrier to transformation than technical issues.
Ninety-two per cent of professionals across finance, accounting, sustainability, and audit roles think technological transformation will enable an integrated and improved approach to ESG reporting.
Despite the pressures of an evolving finance landscape, leaders are enthusiastic, but say that talent attraction struggles, and career development limitations make it harder to manage the complexity of their roles.
