Oliver Wyman May 3, 2024
Livia Dinu, Vlad Gil, Christoph Knoblinger, Bastian Lux, Hector Nelson, and Michael F. Wagner

For executives, the one constant over the past three years has been a permanent state of crisis. Amid geopolitical turmoil, economic uncertainty, and the COVID-19 pandemic, they’ve had to navigate consequent challenges ranging from inflationary pressures to supply chain disruptions, from rising raw material prices to a wide talent shortage.

With few signs that this environment will diminish, leaders need to focus on transforming their organization for performance to build resilience and thrive in the long term. The decision to undertake a transformation isn’t one to make lightly. That moment may dictate the company’s direction and prospects for years to come.

To get a full inside view on transformation, we surveyed more than 400 global C-suite executives across 14...

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