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Team over ego

Nordic CEOs stand out in how they view the role of the CEO. For them, it’s about running the business and not about their own egos – the team and the overall result comes first. They seem well aware that they are using their skill sets to run a company at a given point in time.

In a fast-moving world, the openness for change is an obvious success factor. This year’s results of the CEO Outlook prove not only that Nordic CEOs embrace change, but also that they recognize that different types of leadership and skills are needed at different points in a company’s lifecycle. Nearly half of the Nordic CEO’s strongly agree that different kinds of CEOs are needed for various stages of a company’s journey (46 percent vs. 31 percent on a global level).

To what extent do you agree or disagree with the following statement about your role as CEO? "Different kinds of CEOs are needed for various stages of a company life cycle" - Nordics vs. Global:

Source: 2019 CEO Outlook, KPMG.

Data security is top-of-mind for Nordic CEOs

When business is driven by data, the protection of that same data is crucial for any company that aims to grow its customer base. In the Nordics, 9 out of 10 CEOs agree that protection of customer data is one of the top responsibilities in their role (89 percent vs. 72 percent on a global level).

The study also shows that the Nordic CEOs, in comparison to their global counterparts, are more focused on long-lasting growth. On a global level, the most common motivation factor is delivering short-term growth (22 percent of the respondents). In the Nordics, the most common motivator is enabling long-term business success (19 percent), putting one’s own ego aside and focusing on the team and company.

Want to learn more about CEO Outlook and KPMG?

KPMGs 2019 Global CEO Outlook examines how leaders are creating resilient organizations that have what it takes to grow and thrive in an uncertain and disrupted future. Please reach out if you are interested in learning more about the report and insights.

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