The IBM Institute for Business Value engaged Oxford Economics to reach out to nearly 1,300 Indian executives as part of a global survey of 2,151 business leaders focussing on the emergence of global ecosystems.
The IBM Institute for Business Value engaged Oxford Economics to survey Indian executives, including about 600 startup entrepreneurs, 100 venture capitalists, 100 government leaders, 500 leaders of established companies, and 22 leaders in higher education.
The IBM Institute for Business Value engaged Oxford Economics to survey more than 5,600 global executives in 18 industries and 48 countries to gauge their current skills challenges and assess future needs.
Our survey respondents confirmed the massive changes occurring across industries worldwide, as well as technology's influence on consumers. For example, 75% of global business, government, and higher education leaders believe that consumer buying behavior is shifting from a strictly product/service basis to an experience basis. 85% indicate competition is coming from new and unexpected sources, and 67% say that traditional boundaries between industries are blurring as industries are reshaped. As a result, many business leaders believe their structures and processes need to change too.
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Oxford Economics worked with IBM's Institute for Business Value in mid-2016 to field a survey among 1,502 C-suite executives in a range of roles around the world. As the cognitive era dawns, outperformers in the industry are rethinking insurance by applying technologies that understand, reason, learn and interact to improve the way insurers do business.