The global economy’s stable performance in 2017 has sparked optimism amongst India CEOs in their outlook towards global growth opportunities. Despite relative lower confidence in the Indian economy, CEOs in India foresee a bright outlook for their businesses over the next three years.
CEOs in India are more optimistic about the growth outlook for the global economy (89%) compared to that of India’s (69%), both in the short and mid-term.
86% CEOs consider agility to be the new currency of business. They believe attaining organisational agility is pivotal for their companies to thrive and evolve in the current market.
94% CEOs see technology disruption as an opportunity. India CEOs are in favour of embracing disruptive technologies as part of the natural growth and progression of an enterprise.
42% CEOs are piloting/trialing artificial intelligence in just a small number of processes which augurs well for the future. Technology is a potential game-changer, as it represents one of the strongest enablers for CEOs.
40% CEOs find it difficult to understand how millennials’ needs differ from older customers’ while almost 46% CEOs are facing the challenge of engaging with millennials via digital channels.