A large number of CEOs from around the world think their companies are in trouble — and they appear ready to do something about it.PwC say their company won't be "economically viable" within the next decade, without changing its current path. That's almost 40% of the total number of CEOs surveyed across 105 countries for PwC's annualThey're worried for a host of reasons.
Forty-nine percent worried about technologies like artificial intelligence slashing their profits, 43% said supply chain disruptions will continue to be a threat, and nearly a third worried about competitors from outside industries entering their field. The PwC report cited "climate change, technological disruption, demographic shifts, a fracturing world and social instability" as additional "megatrends" that could reshape businesses in the coming years.
American CEOs were the most optimistic about their long-term business models, while business leaders in Japan and China were the least optimistic. And despite the concerns, most of the company leaders surveyed — 60% — aren't planning any layoffs, at least over the next 12 months.In the report, the authors recommended that company leaders start making bolder choices about their company's long-term direction.
MakeIt
MakeIt Wow
MakeIt They can thank the UN/ WEF/ WHO and collaborators, including our treasonous governments for that.
MakeIt Trump is the best!
MakeIt They must really suck as CEOs…😏