Indian corporate boards and their nomination and remuneration committees are closely examining CEO compensation amid challenging economic conditions. With declining revenues and profits for many companies, there is greater emphasis on linking CEO pay to performance, financials, and market valuation.
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Businesses are recognizing the need to enhance both employee experience (EX) and customer experience (CX) in order to remain competitive. This has led to the emergence of the Chief Experience Officer (CXO) role, whose responsibilities include collaborating with different departments to improve customer experiences and ensuring that employees uphold the brand promise.
Mid-career leaders in India have the opportunity to enhance their skills and prepare for senior management roles through specialized executive education programs known as CXO courses.