Business leaders have a positive outlook for the future and see disruption as an opportunity.
According to KPMG's 2017 Global CEO Outlook, an annual survey of more than a thousand CEOs worldwide, most business leaders remain confident about a global economic recovery. More than six out of ten CEOs see disruption as an opportunity rather than a threat to their company. One remarkable element in the 2017 Outlook is the increased impact of the geopolitical landscape on CEOs' choices and decisions.
KPMG's annual survey shows that 65% of CEOs are confident about global economic growth in the next three years. Their optimism is slightly less pronounced than last year, when 80% of respondents had a positive outlook on the future.
Some other key findings:
The key risks CEOs mentioned this year have also changed this year:
Geopolitical challenges also seem to have an impact on CEOs' choices and decisions:
Quote by Koen Maerevoet, CEO of KPMG Belgium:
"Although global uncertainty has increased, the vast majority of business leaders are still very confident about the future. The challenges associated with disruption are an opportunity for companies to adapt their business model and develop new products and services. There is clear concern about the geopolitical climate, in particular the increasing protectionist policies announced in recent months. It is crucial that the policymakers address these concerns."
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