From building confident managers to delivering measurable results. Trusted by over 1,000 organisations to grow leadership excellence at every level.
From apprenticeships and qualifications to professional development and employability skills. Supporting learners, partners, and centres with tools to deliver, assess, and grow.
Join a professional community committed to excellence in management and leadership. Access exclusive resources, and recognition pathways including Chartered Manager.
Connect, celebrate, and lead with CMI’s vibrant community. From events and awards to networks and campaigns, get involved and help shape the future of management.
Stay informed with expert insights, thought leadership, and the latest in management. From in-depth features to practical guidance, explore the ideas shaping today’s workplace.
Learn about CMI’s mission, values, and impact. From our Royal Charter to governance, careers, and sustainability commitments, discover who we are and what drives us.
17 April 2015 -
Ben Walker
Plundering cybercriminals are triggering major fears among world businesses.
The growing threat of cybercrime has led cyber security to be among the top three concerns for chief executives in the UK, US and continental Europe, a new report reveals.
The findings come from the CEO Challenge report. The research, which is produced by CMI and the Conference Board, surveys business leaders across the world about their priorities for their companies and the wider economic landscape, and how they intend to deal with them.
Cyber security is ranked as the third-highest ‘hot button’ issue demanding the attention of UK and European bosses in the short term, says the report. It is the second-highest concern among chief executives in the US (see graphic below).
“The latest tech advancements feed into great strategic opportunities but in the immediate term they are causing plenty of headaches,” said Ann Francke, CMI chief executive. “Leaders urgently need to think about how they manage cybersecurity as part of their primary strategic focus of creating a strong customer-centric culture.”
Yet, for UK chief executives, social media management was seen as an even bigger priority than cybercrime, the report revealed, ranking as their top “hot button” issue. “Cybercrime has become an enormous threat to business, with an estimated annual cost of as much as £266bn globally. Yet chief executives realise that social media could be even more important,” added CMI’s head of research Patrick Woodman. “For many businesses, social media is central to the strategic aim of putting customers at the centre of how they work. Managers should be thinking hard about how they could use social media to talk with their customers and better understand what they want.”
Find the full CEO Challenge infographic PDF here
Top image courtesy of Shutterstock
› The persistence of presenteeism and other nuanced nonsense
› A new age of vulnerability: why inclusive leadership matters more than ever
› Ask yourself: "How do I make my employees feel?"
› Finance and the Diversity Dividend
For more information or to request interviews, contact CMI's Press Team on 020 7421 2705 or email press.office@managers.org.uk
› The 5 Greatest Examples of Change Management in Business History
› Four companies that failed spectacularly, and the lessons of their premature demise
› 6 companies that get employee engagement – and what they do right
› 4 Signs That Racism May Be An Issue In Your Workplace
› How to build an Effective Team: focus on just 3 things