This PPT slide, part of the 28-slide Functional Strategy PowerPoint presentation, outlines the evolving expectations of corporate functions in response to changing market dynamics. It emphasizes that as markets become increasingly volatile and competitive, organizations must adapt their support functions to meet more complex customer demands. The text highlights the necessity for departments like IT and HR to develop new capabilities. For instance, IT is expected to create applications that can extract insights from vast data lakes in real-time, while HR must focus on attracting diverse talent and providing flexible career paths to retain employees.
The second section of the slide discusses the shift from traditional operational activities to a greater emphasis on discretionary tasks. Historically, corporate functions were bogged down by routine tasks such as resolving financial discrepancies and managing employee compensation. However, advancements in process optimization and outsourcing have enabled these functions to streamline operations. The slide notes a significant reduction in the time spent on routine activities, dropping from 70% to about 35%. This newfound efficiency allows leaders to redirect their focus toward strategic initiatives that can generate more value for the organization.
Overall, the slide conveys a clear message: the landscape is changing, and corporate functions must evolve to not only keep pace, but also to drive strategic value. Organizations that embrace these changes will be better positioned to thrive in a competitive environment. The insights presented here are crucial for any executive looking to understand the importance of transforming corporate functions in today's market.
This slide is part of the Functional Strategy PowerPoint presentation.
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