I still remember as if it were yesterday, that we made the decision (a good one, I can say after time has passed) to position Servitalent in the Basque Country. 🎯
Opportunities and challenges for businesses in 2025: How to adapt your executive capacity?
The recent report from the Regional Observatory of BBVA Research has shed light on the economic outlook that Spain's autonomous communities will face in 2025. With an upward revision of the GDP, Spain is on track for solid growth, although not without challenges. In this context, companies must be prepared to seize growth opportunities and adapt to the new economic realities of each region.
Uneven economic growth across regions
One of the main conclusions of the report is the significant disparity in economic growth among the different autonomous communities. While regions such as the Balearic Islands, Canary Islands, Madrid, and Catalonia will benefit from the growth of service exports, particularly in the tourism sector, others like Navarre, the Basque Country, and La Rioja, which are more reliant on industry, face more moderate growth.
This regional imbalance will have direct implications for job creation and business competitiveness. Companies in regions with a more dynamic economy will need to prepare to manage a more competitive environment, while those in areas with slower growth should focus on optimizing resources and innovating to maintain their competitiveness.
The challenge of investment and digitalization
The report also highlights the importance of investment and digital transformation as drivers of growth. The projected decrease in interest rates in 2025 could act as a catalyst to boost investment in key sectors, particularly in the industrial regions of the north, such as Galicia, the Basque Country, and Aragon.
However, for this investment to be effective, companies must have qualified executives capable of leading the digital transformation. Future competitiveness will depend not only on the amount of investment but also on how it is managed. In this regard, having an executive team experienced in digitalization will be key to success.
Tourism and sustainability: a necessary balance
Tourism-dependent regions, like the Canary Islands, the Balearic Islands, and Andalusia, will continue to experience growth, driven by service exports and the destationalization of the sector. However, the report warns of the risks posed by climate change, which could negatively impact beach tourism.
Tourism companies need to focus on sustainable strategies and diversify their offerings. Executives in these companies face the challenge of maintaining competitiveness while leading the transition to more sustainable business models, ensuring a balance between growth and environmental responsibility.
Opportunities in the public and private sectors
The report also emphasizes the role of the public sector in job creation, especially in communities like Murcia, La Rioja, and Castile and León, where growth is expected in sectors such as education, healthcare, and public administration. Additionally, public investment in infrastructure, supported by PRTR funds, will be key to stimulating the economy in less dynamic regions.
Meanwhile, the private sector must take a leading role. Companies that capitalize on growth opportunities in sectors such as goods exports, sustainable tourism, and digitalization will set the pace for the 2025 economy.
Interim management: an agile response to business challenges in 2025
In this context, companies need the right executive talent to manage changes in an agile and efficient manner. This is where interim management plays a key role. This model allows companies to temporarily bring in highly qualified executives, providing expertise in digital transformation, resource optimization, and change management.
At Servitalent, we help companies identify and select interim managers who can lead these change processes during critical times. Our network of experienced professionals offers quick and effective solutions for companies in sectors such as tourism, industry, and exports. Having an interim manager facilitates adaptation to new economic realities, enabling companies to maintain competitiveness and make the most of the opportunities the 2025 market presents.
Are you ready to lead the change in 2025 with the best executive team?