Companies in all industries face a number of risks these days, ranging from volatility in equity markets, falling oil prices, global terrorism, and technological disruption. The technology, media and communications (TMC) industry is no exception to these trends. The one risk that keeps technology leaders awake at night this year more than last is their concern that resistance to change in their companies may be standing in the way of necessary adjustments to their business models.
Protiviti and North Carolina State University’s ERM Initiative teamed to survey executives for the fourth annual Executive Perspectives on Top Risks report. This article examines a key survey trend: technology leaders’ concern that resistance to change may be standing in the way of necessary adjustments to their business models.