For our corporate leaders the level of anxiety related to business threats is higher today than any other time in the past five years.
PwC’s 19th Annual Global CEO Survey outlines the concerns faced by CEOs as they guide their companies through an increasingly complicated business environment.
For the second year running, anxiety about over-regulation ranked the highest with 79% of CEOs citing it as a risk to growth. Geopolitical uncertainty became the second biggest concern with 74% of business leaders mentioning the risk.
Rounding out the top five perceived threats to business are exchange rate volatility, availability of key skills, and government response to fiscal deficit and debt burden – all cited by over 70% of CEOs.
Beyond these perceptions of business threat, the survey also revealed a growing number of CEOs are looking to broader society to pursue activities. A rising number of 52% believe that creating value for wider stakeholders helps probability.
To help match these changing customer expectations 90% are changing how they use technology to deliver on wider stakeholder expectations.
The results from PwC’s 19th Annual Global CEO Survey came from the responses of more than 1,400 company leaders from across 83 countries.