Irish CEOs more confident than global peers but have inflation and supply chain concerns
The Irish Economy
Over two-thirds (68 percent) of Irish CEOs expect the Irish economy to avoid recession in the year ahead
Global outlook
Despite geopolitical and economic challenges, global economic confidence over the next 3 years is at 71 percent
Managing geopolitics
Geopolitical uncertainty is impacting strategy - 81 percent of global CEOs are adjusting or planning to adjust risk management procedures
CEOs are directing digital investment to drive growth but often need to act faster
Emerging tech
Disruptive technology has emerged as the number one risk to organisational growth worldwide
Staying on track
64 percent of Irish CEOs say they need to be quicker to shift investment to digital opportunities
Cyber as a strategic function
Information security is a strategic function and a potential source of competitive advantage for 72 percent of Irish CEOs
CEOs are exploring the future of work with an emphasis on the office at the centre
Talent a top priority
72 percent of Irish CEOs say retaining talent in the context of inflationary pressures is impacting on their business optimism over the next 3 years
Caution on hiring
39 percent of global CEOs and 32 percent of Irish CEOs have implemented a hiring freeze in the past 6 months
Experimenting with flexibility
Remote working has had a positive impact on productivity according to 64 percent of Irish CEOs
CEOs are increasingly recognising the impact and value of ESG on profit and reputation
Connecting to profitability
44 percent of Irish CEOs agree that ESG programmes improve financial performance, an increase from 32 percent last year
Impact on supply chains
CEOs everywhere increasingly see reporting and transparency as important to their ESG goals — including supply chain insight
Under the microscope
76 percent of Irish CEOs expect to see more stakeholder scrutiny of ESG progress
Growth strategies in turbulent times
Growth strategies in turbulent times