It is more challenging to be a company leader in Canada today than it was five years ago, says a survey by Robert Half Management Resources. It found 87 per cent of chief financial officers (CFOs) find it more challenging today, but survey results also show many managers enjoy support from their teams. And, likewise, 79 per cent of workers surveyed expressed confidence in their leaders, while only six per cent of workers do not feel confident at all. Difficulties of being in management have intensified the most in British Columbia, followed by Alberta, Quebec, and Manitoba. “Facing an ever-evolving corporate landscape, executives have to deal with the pressures of emerging trends that require them to continually reassess everything from technology and staffing challenges, to regulatory demands and compliance requirements,” says David King, Canadian president of Robert Half Management Resources. “Great leaders understand the fundamentals of their field, but also know that it is the ability to recognize new opportunities through innovation that will ultimately set their business apart.” King says managers should look to their employees for support. “An engaged team is a committed team and executives who address challenges and opportunities with their employees build a foundation of trust and shared goals for business growth.” The survey found the top challenges facing leaders today are taking a ‘big picture’ view; overcoming staff challenges; maintaining an edge over diverse competitors; remaining compliant with evolving mandates; and keeping up with technology.
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