"You've got to have free markets with limited government, with the proper amount of regulation where you don't jam entrepreneurship..." - John Schnatter
Governments frequently change their laws and regulations. For CEOs, this list of bahrain consumer email translates into “big worries,” because it is their job to ensure that the rules are respected in different countries . CEOs fear fines, but above all, they know that a small change can also have a big impact on their company’s revenues .
Cybersecurity
“I am convinced that there are only two types of companies: those that have been hacked and those that will be.” -Robert S. Mueller
Innovation and digital transformation come at a cost. The more you rely on online systems and use digital tools, the greater the problem of keeping your data safe . Cyber attacks are on the rise, so CEOs need to protect themselves so they don't become the next Linkedin, Sony, or Chipotle.
Automation
“The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency . The second is that automation applied to an inefficient operation will magnify the inefficiency.” - Bill Gates
In digital transformation, one of the aspects to be addressed is the automation of some processes of your business. Automating some repetitive, boring, but at the same time mandatory and functional tasks, is helpful for the entire company , because it allows employees to focus on their work and be more active and creative.
These are just some of the challenges that CEOs face when it comes to innovation. If you are a CEO of a company and are interested in learning how to address these challenges, check out this event The Inbounder Global Conference 2018 . If you want more information about the products and services we offer at WAM, contact us today .
Different countries, different rules
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