Adaptive companies stand the greatest chance for success.
Michael Valocchi (mvalocchi@us.ibm.com) and John Juliano (juliano@us.ibm.com) are global energy and utilities industry leaders with IBM Global Business Services.
The IBM Institute for Business Value recently completed its biennial Global CEO Study, in which over 1,100 CEOs were interviewed in person about their views on changes in customer attitudes, business models, and the globalization of business. Based on these interviews, which spanned 40 nations and 32 industries, IBM compiled a comprehensive report, The Enterprise of the Future, which describes traits that the leading companies across all industries will share. Key industries—including utilities—also were evaluated individually to see how these traits might emerge as industries reshape and evolve in the face of customer demands, environmental pressures, global integration, workforce changes, and other challenges. Meeting these forces becomes even more challenging as executives sort out the current crisis impacting the global financial markets.