Indian organizations are riding a massive wave of transformation, and technology is steering this change in most cases. It is changing the way products are manufactured and delivered to the market. Over the past few years India Inc. has seen the emergence of disruptive players such as Flipkart, Snapdeal, and Paytm that have changed the way India shops and transacts. It is critical for traditional organizations to continuously keep refreshing their business models and keep up with change. 
This sentiment has been well captured in a statement from Uday Kotak, Executive Vice Chairman and Managing Director, Kotak Mahindra Bank –
As a banker, when I sleep at night, I worry about it. Will I have a bank the next morning or will there be an Ali-bank or a Flipkart-bank or some other bank that will be doing the business we do? Uday Kotak, Executive Vice Chairman and Managing Director, Kotak Mahindra Bank. (Source: Economic Times)
Our Annual India Inc. survey questioned Indian organizations about their business priorities for 2015-16. This change is also evident from the outcomes of the 2015-16 India Inc. survey. Compared to 2014-15 survey, there is a significant shift in business priorities for organizations. The following emerged as the top business priorities for Indian organizations in 2015-16 (for detailed graph, request a copy of the report by clicking here):
- With sensitive data accessible across multiple devices, 93% organizations are looking to upscale security end-to-end. The past few months have seen numerous phishing and hacking attacks against corporate networks—making the threat landscape all the more complicated. Security breaches like leaking of confidential e-mails at Sony Pictures Entertainment, and hacking of the Forbes website and iCloud, have spurred enterprises to integrate sophisticated network security systems….To get more insights, request for a free copy of our report by clicking on the banner below.
- Employee reskilling is a critical piece in every organization’s growth agenda. As high as 92% of the decision-makers across emerging large organizations share the sentiment that employee reskilling and training are fundamental to driving any policy or strategic change within their organizations.
- Corporate social responsibility (CSR) is now a strategic initiative. Compared to 2014-15, when only 62% emerging large organizations considered CSR as a key priority, 88% stated it to be a priority in 2015-16. With the Indian government mandating CSR, organizations have received the wake-up call to actively include it to their list of priorities….To get more insights, request for a free copy of our report by clicking on the banner below.
About The Author: Sanchit Vir Gogia is the Chief Analyst & CEO of Greyhound Research, an independent IT & Telecom Research & Advisory firm. He also serves as Chief Futurist, Founder & CEO of Greyhound Knowledge Group that operates under four brands – Greyhound Research, Greyhound Sculpt, Greyhound Technocrat and Greyhound Vivo. To read more about him, click here.
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