Building New Businesses in 2022 and beyond
Quick summary, so useful, as always:
- Eight in ten surveyed CEOs report new-business building as a top five priority despite recent heightened economic volatility.
- Surveyed business leaders report that their companies are building 50 percent more new businesses per year than they did two to five years ago.
- Business leaders report that every dollar of revenue from new businesses generates almost twice the enterprise value versus every dollar of core business revenues.
- Sixty-three percent of surveyed business leaders expect their investment in new-business building to increase from 5 percent of revenues today.
- Organizations will need to more than double their rate of business building to achieve leaders’ expectations that 29 percent of revenue in 2027 will come from new businesses.
- Responses suggest that new businesses built by large incumbent organizations currently generate $5 trillion in revenues and could grow to $30 trillion in five years.
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Building New Businesses in 2022 and beyond
Quick summary, so useful, as always: Eight in ten surveyed CEOs report new-business building as a top five priority despite recent heightened economic volatility. Surveyed business leaders report that their companies are building 50 percent more new...