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In our second edition of this annual research, we have compiled useful insights into the challenges currently faced by CEOs in Saudi Arabia, as they address a number of key challenges in their efforts to grow. The report presents both their perspectives on emerging risks and opportunities.

 

Key findings of the report are:

• Optimistic Growth Prospects

Saudi CEOs remain generally optimistic about the economy and growth of their companies and industries they operate in.

•  Emerging Technologies is a Focus area

Saudi CEOs view technology disruption as an opportunity rather than a threat. Artificial intelligence, cloud computing and social media are expected to be most important for CEOs.

• Owning Digital Transformation

Saudi CEOs are optimistic about the sweeping change that digital can bring and are taking direct charge of digital transformation to personalize customer experience.

• Cybersecurity is critical

The challenge of cyber security will only increase as businesses embrace new technologies. Saudi CEOs believe that strong cyber strategy is critical to engender trust with key stakeholders.

• Agility, Intuition and Strategic Alliances are key to successful transformation

Saudi CEOs believe that agility is the new rule of the game and believe that it can be achieved by focusing on strategic alliances. Intuition, experience and judgment continue to be critical in making the right decisions.

 

Also available is the Global CEO Outlook that reveals insights from nearly 1300 CEOs.