CONFIDENCE is fragile among Philippines-based chief executive officers , as megatrends, including technological disruption and climate transition, converge. More than half of Philippines-based CEOs note that their businesses will not be viable beyond the next decade without reinvention.Nearly all or 97 percent of these Philippines-based CEOs note they have taken steps to change how they create, deliver and capture value in the past 5 years.
The Philippines is among the 105 countries and territories included in this latest survey, which has gathered the insights of a total of 4,702 CEOs.While CEOs are taking action, they are faced with a number of challenges.
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CEOs worry about business survival“The Philippines has undertaken efforts to improve its investment climate and attract foreign direct investment. This sustained growth and the positive investment climate could have promoted optimism among CEaOs regarding both local and global economies.
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