Manufacturing CEOs are confident they can achieve growth over the next three years. But growth will require big and bold strategies. The CEO Outlook, a recent survey conducted by KPMG International that surveyed over 1,300 CEOs from around the world, found that 150 CEOs from the largest industrial manufacturers felt bullish about their short-and-medium-term growth potential. Indeed, 84 percent of our respondents voiced confidence in their ability to achieve growth over the next three years.
Dig a little deeper into the numbers, however, and some concerns start to emerge. More than half (51 percent) admit that their growth will likely be limited to less than 2 percent per year over the next three years. Forty-four percent say they are concerned about their ability to increase their overall market share. Fifty-four percent are worried that the current political landscape will have a significant impact on their organization.