In his foreward to the latest Global CEO Survey published in January 2016, Dennis Nally, Chairman PwC International notes that
CEOs are less confident about prospects for the global economy than they were in 2015 and whilst many do still see opportunities, they are looking to play things safe.
Over-regulation is highlighted as their biggest concern but geopolitical uncertainty is a top concern for nearly three-quarters of CEOs.
Moreover CEOs are disorientated by the growing feeling that our globalised economic and social fabric is fraying as divergent political, business, societal and cultural movements take hold. This is driven by digital technologies that have enabled people all over the world to be more connected, better informed and, as a result, increasingly empowered and emboldened.
What is more, it’s these very same citizens who are also customers and potential customers and they are increasingly judging companies on how they help greater society and how they live up to their values. Yet, for all the technological breakthroughs, companies still struggle to create a business proposition that both drives growth and creates value for greater society.
Here’s an infographic showing what stakeholders want now and in 2020
Women in the City comment: Interestingly, considering women represent 51% of the world’s customers, these CEOs are saying very little about gender diversity!
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