2016 CEO Outlook infographic
2016 CEO Outlook infographic
Now or never
Nearly 1,300 global CEOs share their perspectives on the unprecedented change forecast for their companies and the world economy.
72% *
The next 3 years
* 72% of CEOs believe the next 3 years will be more critical for their industry than the previous 50.
69% *
Mission-critical issues
* 69% of CEOs are concerned about the number of mission-critical issues they need to tackle with no prior experience.
72% *
Cyber security
* 72% of CEOs believe they are not fully prepared for a cyber event.
Digital Darwinism is unkind to those who wait. -Karl-Heinz Streibich, CEO of Software AG *
* 65% are concerned that new entrants are disrupting their business models and more than half (53%) of CEOs believe that their company is not disrupting their industry's business models enough.
Top three concerns for CEOs
The complexity of the issues and the need for rapid response is putting significant pressure on CEOs.
Customer loyalty
88% concerned about the loyalty of their customers.
Economic forces
88% concerned about the impact of the global economy on their company if global economic growth is less than they project.
Disruptive forces
86% are concerned with the amount of time they have personally to think strategically about the forces of disruption and innovation shaping their company's future.
Transformation
41% *
Massive change
* 41% of CEOs said their company will be significantly transformed in the next 3 years.
Disruptive technology *
* One of the top three priorities of CEOS over the next 3 years is implementing disruptive technologies and 77% are concerned whether their organization is keeping up with new technologies.
Technology
2nd *
Biggest factor
* CEOs said technology was the second biggest factor contributing to company growth; global economic factors took top place.
77% *
New technologies
* CEOs are concerned about their organizations keeping current with new technologies.
Talent
96% *
Increase headcount
* A majority are expecting to increase headcount over the next 3 years, with 61% planning to do so over 12 months.
99% *
Developing talent
* Faced with significant transformation plans and ever advancing technology, 99% of CEOs report taking action to develop existing or future talent.
Growth confidence is high
Despite the changes enveloping their organizations, CEOs are largely confident in their 3-year growth outlook.
Company
89% of CEOs are confident in growth for their company over the next 3 years.
Country
86% confident in their country's growth prospects.
Industry
85% confident in their industry's growth prospects.
Global Economy
80% confident in the growth of the global economy.
For CEOs, it's now or never. *
* "CEOs tell me that the game is changing dramatically, but we know what we need to do, and we're confident that we can come out winners." John Veihmeyer, Chairman, KPMG International.
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