C SUITE
India Inc senior keen to book C-Suite for pros under 50
Traditional groups cap CXO age at 50. A mid-fifties candidate was overlooked. Younger CEOs/CXOs, preferred for tech adaptability post-pandemic, fit the 'sweet spot' age aiding old economy firms. Pawan Goenka noted internal grooming. Rajiv Dube favors longer terms. Young leaders, noted by Harsh Goenka and Claricent Partners, are ambitious and successful.
New-age CEOs: India Inc's bosses adapt their qualifications to keep up with dynamic business landscape
The role of CEOs is evolving, with a shift towards more strategic thinking over traditional sales and marketing backgrounds. A recent survey highlights the importance of diverse skills in navigating complex business environments. The adoption of technologies like AI is also driving the need for strategic leadership in today's corporate world.
Nikesh Arora: Meet the Indian-origin CEO earning more than Google’s Sundar Pichai, Microsoft’s Satya Nadella
The report from data analytics firm C-Suite Comp featured two lists based on different metrics: "total compensation granted" in 2023 and "compensation actually paid." Sundar Pichai of Google and Satya Nadella of Microsoft, despite their prominent positions and successful years, did not appear on either list. Nikesh Arora is the only Indian-American to make it to the list of the top 10 highest-paid CEOs in the United States. Here's all you need to know about the Indian-origin CEO .
Most of top-level executives have positive perception of GST: Deloitte survey
A Deloitte survey shows growing confidence in India's GST among C-suite executives, with 84% perceiving it positively in 2024, up from 72% in 2023. Key reforms suggested include rationalizing tax rates, improving dispute resolution, and enhancing automation and technology. The survey also highlights the need for further simplification and support for MSMEs.
After AIADMK announces Vikravandi bypoll boycott, DMDK follows suit
The Desiya Murpokku Dravida Kazhagam (DMDK), which fought the recent Lok Sabha polls in alliance with the main opposition AIADMK, has announced its boycott of the July 10 bypoll to the Vikravandi assembly constituency. The decision follows the AIADMK's announcement that the ruling DMK would unleash "violence" and not allow people to vote "independently".
The rising importance of the chief trust officer
Businesses are emphasizing trust by appointing a Chief Trust Officer (CTrO) to oversee trust-building initiatives. This role involves assessing trust levels within and outside the organisation, focusing on domains like corporate culture, compliance, and customer experience.
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Can leaders show profitability and sustainability together?
SAP conducted a sustainability study revealing 86% of Indian organizations see a link between sustainability and profitability. Manish Prasad emphasizes sustainability's importance for business success.
'Modi set to win easily, Indian elections not controversial,' says political scientist Ian Bremmer
India is one of the few large economies in the world where the outcome of the upcoming US election does not matter, and the relationship is likely to be strong and stable if either Trump or Biden wins. He said India "fundamentally mishandled" the controversy over the killing of a Canadian citizen Hardeep Singh Nijjar, but was quick to add that the Indian government has "legitimate reasons" to be concerned about Sikh radicals in Canada and elsewhere.
Company boards are getting younger, but balancing vitality with expertise is key to success
Organisational leadership is evolving with younger individuals joining company boards in the dynamic startup landscape. While they bring fresh perspectives and innovation, challenges arise from limited experience in governance. Diverse boards with a mix of young and experienced members are crucial for informed and adaptable strategies for long-term success.
'Superman' first look revealed: David Corenswet's Man of Steel suit brings back iconic red trunks, draws mixed reactions
DC Studios has revealed the new Superman suit worn by David Corenswet in the upcoming Superman movie directed by James Gunn. This has sparked various reactions from fans and netizens, generating more excitement for the film's premiere in July 2025. The suit's unveiling on social media by Gunn has set the stage for the movie, titled 'Superman,' which initiates DC's Chapter 1: 'Gods and Monsters' narrative.
India Inc helping more wonder women get C-suite superpowers
At Accenture, 29% of the leaders in India are women. Diageo India has 30% women in senior leadership. In the last few years, Marico's efforts have pushed women into close to 30% of leadership roles. PepsiCo is looking at 40% women in the India leadership team by next year. Larsen & Toubro handpicked 495 women employees to undergo leadership development programmes in the last few years.
Auto Industry ramps up C-suite hiring amid post-pandemic sales surge
The Indian automobile industry is experiencing a surge in hiring for C-suite executives from diverse consumer-facing sectors to address a talent shortage at the top level amid a post-pandemic sales rebound. Over the past 12-18 months, senior executives from FMCG, consumer durables, and retail backgrounds have transitioned to carmakers like Maruti Suzuki, Bajaj Auto, and TVS Motor Company, traditionally known for hiring engineers and technology experts.
More and more Indian companies ramp up background checks on C-suite
Indian companies discreetly monitor CEOs and key personnel through ongoing background screening, focusing on governance, fraud risk, legal liabilities, and regulatory compliance, with costs ranging from ₹1.5-7 lakh.
Focus on digital health leads to emergence of new roles in healthtech
The healthtech sector is experiencing significant growth in 2024, with a focus on digital health creating new roles. Despite challenges like funding winter and cost efficiencies, employment in healthtech has increased by 74% over the last two years. Key positions in demand include software developers, data scientists, and sales managers, with a preference for skills in Python.
Unlocking organizational potential: The role of chief executive officers (CXOs) in the digital era
Chief Experience Officers lead digital transformation to enhance customer engagement. Collaborating with C-suite executives and leveraging emerging technologies, CXOs drive innovation and deliver exceptional value to customers, shaping the future of business.
Technical leadership is becoming a critical differentiator at senior level hiring
C-suite leaders must now possess technical skills alongside traditional leadership qualities. Companies emphasize the importance of understanding tech for strategic decision-making. Technical expertise is increasingly becoming a requirement at all levels of leadership.
Dealing with layoffs: How companies and CEOs can handle a messy situation with relative ease
CEOs face tough layoff decisions with compassion and transparency. Providing outplacement services, skill development, and alternatives before layoffs can soften the blow. Emotional support for CEOs and strategic evaluation post-layoffs are crucial for organizational growth.
Rise of fintech leads to demand for leaders who can manage regulatory and business requirements
Increased regulatory requirements in fintech drive demand for professionals with expertise in blockchain, AI, and cybersecurity. Boards seek leaders capable of navigating complex regulatory landscapes while fostering innovation and ensuring regulatory compliance for sustainable growth.
Expect 15-25% pay hike while shifting jobs at senior level, shows Michael Page report
The Michael Page's Salary Guide 2024 for India indicates significant demand for various roles across sectors, with senior-level job shifts offering substantial salary increases of 15-25%. Manufacturing, data, generative AI, and sustainability skills are particularly sought after.
Pharma, healthcare see spurt in demand for senior hands as companies prepare for a new future
Pharma and healthcare industries are witnessing growth, driving demand for leadership talent. Companies are seeking expertise in areas like API manufacturing, global market business heads, and CROs. Key roles like CIO, CDO, site head, operations head, sales leaders, and CFOs are in high demand, alongside private equity investments and tech leaders.
IT companies restart top-level hiring expecting a rebound post polls
IT sector experiences leadership hiring surge after post-elections optimism, with a focus on diversity and global talent acquisition. Demand for tech talent rises in the US, driving senior leadership recruitment growth.
What's driving upskilling in India Inc's boardrooms?
Companies undergoing growth and transformation are emphasizing governance and seeking innovative board members with specialized skills. Climate crises, pandemics, and technological advancements are reshaping business priorities. Boards must champion innovation, select individuals with diverse skills, and challenge the status quo to future-proof organizations and drive success.
Space sector’s emergence to create demand for leadership with specialised skills
The space sector in India is experiencing significant growth, leading to a demand for leaders at senior levels. With private players entering the industry, leadership roles are crucial for protecting long-term investments and overseeing specialized ventures. Skills like risk management, communication, and learning agility are essential for success in these roles.
Role of chief growth officer becomes prominent as companies look for growth avenues in an evolving world
Chief growth officers (CGOs) are crucial for revenue growth and organisational success. They need a visionary outlook, financial literacy, collaboration skills, change initiatives, and industry-specific knowledge. CGOs play a crucial role in understanding the Indian market, leading cross-functional teams, and building strong relationships.
Laid off CXOs are much in demand as companies look to hire execs with proven track record
Often roles become redundant as an outcome of consolidation, mergers, restructuring of businesses, regulatory hurdles or funding delays, and top executives who lost jobs due to industry dynamics and uncertainties form a critical talent pool for other companies across sectors, said the officials.
C-suite hiring trends open doors to new roles in non-tech industries
Hirings and firings in the technology sector are creating opportunities in emerging roles in non-tech sectors like manufacturing, healthcare, and various industries. Demand for leadership talent is increasing, focusing on skills like data science and ESG. Cultural fitment is a challenge for organizations and talent.
Authenticity is important to be a good leader. But how difficult is it?
Authentic leaders have a lasting influence on teams and stakeholders. They prioritize self-awareness, ethics, empathy, and personal development. They build trust, value diverse perspectives, and create an inclusive environment for enduring change.
Demand for cloud skills on the rise as leaders look to fight off rising competition
Cloud computing is driving demand for cloud skills in senior roles. Bengaluru, Hyderabad, and Delhi/NCR have the highest demand. Companies need to focus on the synergy between technology and human capital development. CEOs recognize the importance of upskilling employees and hiring senior-level talent in cloud platforms.
How conflict management can help leaders steer organisations out of chaos
Conflict management is crucial for effective leadership. It fosters innovation, prevents escalation, and promotes team unity. Leaders must overcome biases and ego to create a conducive environment for business growth.
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