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Global Survey: CEOs focusing on organization for 2016

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Global Survey: CEOs focusing on organization for 2016

In a time of enormous uncertainty, leaders seek human, technological capabilities.

Chief executives worldwide have made organizational capability their priority for 2016, according to a global survey and report released today by research firm The Conference Board. These leaders are improving internally to counteract a mass of external risks—economic, demographic, geopolitical, and more—in the year ahead and beyond. On a foundation of engagement, inclusion, and continual improvement, they are seeking to build high-performing cultures that can support growth and spur innovation amid widespread uncertainty.   

"Deep-seated anxieties about talent and human capital pervade this year's survey results," said Rebecca Ray, Ph.D., a co-author of the report and Executive Vice President, Knowledge Organization at The Conference Board. "From their hot-button issues for 2016 to their long-term strategies in multiple business areas, CEOs are wide awake to the risks posed by rapidly changing skill requirements, on one hand, and a historic slowdown in working-age population growth on the other." 

"Deep-seated anxieties about talent and human capital pervade this year's survey results."

"We are in a slow-growth world with significant downside risks for the year ahead," said Bart van Ark, Ph.D. another report co-author and Executive Vice President, Chief Economist & Strategy Officer at The Conference Board. "At the same time, technology continues to accelerate at an incredible pace, promising great rewards to organizations capable of seizing the initiative. To do so, they need to be aligned, agile, and innovative like never before—and our survey finds CEOs focused urgently toward that end." 

Worldwide, the failure to attract and/or retain top talent was the most cited concern of CEOs, followed by the need to develop next-generation leaders. Slowing growth in emerging economies, new global competitors, and volatility in cash flow round out the top five hot-button issues named by CEOs.

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PresidentandCEOMagazine.com founder and CEO, Paul Stukel - discusses middle market issues with business leaders from across the nation.