PwC’s Post

Most business leaders understand that we are living through a “great reconfiguration,”—a period in which whole industries, economies, and societies are being reshaped. Yet given the short-term pressures they face, few executives find themselves in a position to really contend with them. Through our research and work with organisations around the world, we have identified five differentiators of “transformative leadership;” a form of leadership that enables executives to understand the nature of the changes that are required, take their organisation on the journey to implement them, and deliver results: https://pwc.to/3SYP0nb #Leadership

Today’s young people are entering the world of work at a defining moment, just as AI begins to transform it. Our recent Global Workforce Hopes and Fears survey shows that many young people are ready to embrace AI – with 70% saying Generative AI (GenAI) gives them opportunities to expand their capabilities – but workers must be equipped with the skills to maximise their potential. This World Youth Skills Day, our Global Workforce Leader, Peter Brown MBE, Workforce Transformation Leader, Kathy Parker, and Workforce & HR Transformation Leader, Harriet Newlyn, explore how AI is transforming the workplace, and how young people are navigating this shift: https://pwc.to/3zEeUqm #WorldYouthSkillsDay #HopesAndFears #AI #Skills

🤖 Trust in GenAI requires all the traditional drivers of trust in tech: governance, security, compliance and privacy. As with traditional AI, you also need to mitigate bias. But GenAI also adds a new risk, “hallucinations” — outputs that seem plausible but have no basis in reality. The good news is you can manage this risk — and do so in ways that speed up your AI initiatives, not slow them down. Swipe through the three ways to mitigate the risk of AI hallucinations, then explore all you need to know about hallucinations and how a robust Responsible AI approach can mitigate their risk in more detail: https://pwc.to/3XTDYn1 #GenAI

The PwC Capital Markets 2024 midyear outlook examines trends across #IPOs, #VC and #debt, including what may lie ahead for the remainder of the year: https://pwc.to/3Y23yX9

🗝️ From disruptive technology to economic volatility and climate change, megatrends are reshaping the competitive landscape. In light of all these changes, having your workforce’s buy-in is key to making a successful change in an era of constant business transformation and reinvention. That’s a central theme emerging from our 2024 Global Workforce Hopes and Fears Survey—change is everywhere, it’s constant, and it’s affecting multiple aspects of workers’ jobs. Explore our latest blog post, where our Global Workforce Leader, Peter Brown MBE explains how leadership can help their workforce build resilience during times of change while also managing enormous business transformation plans themselves: https://pwc.to/3KZyDmv #TLA #HopesAndFears #Workforce

📡 What telecom companies will look like in the future is less clear than it previously was. The fundamental shifts in revenues and value pools are forging a new ecosystem, posing threats, and creating new opportunities. As leaders face the coincident challenges of industry reconfiguration and company reinvention, we’ve identified seven urgent priorities for telecom CEOs. Together, these priorities make up a comprehensive road map to higher value, competitiveness and growth: https://pwc.to/3UBjs99 #Telecoms #Reinvention

🤖 Our AI Jobs Barometer analyses over half a billion job ads from 15 countries to better understand how AI is transforming the world of work, how jobs are changing across industry sectors and the individual opportunities that come from being ‘AI-skilled’. 🔎 Explore the impact that AI will have on jobs, wages, skills, and productivity in more detail in our full report: https://pwc.to/4acnauf #AIJobsBarometer #AI #Technology #Jobs

Corporations are poised to have the upper hand in the current dealmaking environment. But things can change quickly and private equity funds are again eyeing some larger deals. In this scenario, companies with well-thought-through merger and acquisition strategies for optimising their portfolios by acquiring the right capabilities, talent and technology or divesting non-core assets will be the best placed to succeed. Read more: https://pwc.to/4enzPxD #PwCDeals #PE #PrivateEquity