Looking for growth in all the wrong places

Looking for growth in all the wrong places

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looking for growth in all the wrong places

Manufacturing CEOs are confident they can achieve growth over the next three years. But growth will require big and bold strategies. The CEO Outlook, a recent survey conducted by KPMG International that surveyed over 1,300 CEOs from around the world, found that 150 CEOs from the largest industrial manufacturers felt bullish about their short-and-medium-term growth potential. Indeed, 84 percent of our respondents voiced confidence in their ability to achieve growth over the next three years.

Dig a little deeper into the numbers, however, and some concerns start to emerge. More than half (51 percent) admit that their growth will likely be limited to less than 2 percent per year over the next three years. Forty-four percent say they are concerned about their ability to increase their overall market share. Fifty-four percent are worried that the current political landscape will have a significant impact on their organization.

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