Download the 2019 Global CEO Outlook: Singapore Edition report
One of the most compelling findings in this year’s Global CEO Outlook is that over two-thirds of Chief Executives believe that agility is the new currency of business. If they fail to adapt to a constantly changing world, their business will become irrelevant. This is a stark choice.
This focus on agility is also redefining what we mean by resilience. In the past, it was about battening down the hatches in the face of short-term headwinds. Organizations looked to defend their positions and use scale to maintain competitive advantage.
The environmental, economic and technological headwinds we have seen emerge in recent years are no longer short-term. While CEOs globally continue to see exciting growth opportunities, they are set against a complex, volatile and increasingly uncertain environment. To be resilient, CEOs are telling us their organizations need to be comfortable disrupting their business models if they want to continue to grow.
The global survey data published in this report is based on a survey of 1,300 CEOs across the world, including Australia, China, France, Germany, India, Italy, Japan, the Netherlands, Spain, the UK, and the US. The survey was conducted between 8 January and 20 February 2019.
The CEOs operate in 11 key industries: asset management, automotive, banking, consumer and retail, energy, infrastructure, insurance, life sciences, manufacturing, technology, and telecommunications.
Of these 1,300 CEOs, 310 came from companies with revenues between US$500 million and US$999 million; 543 from companies with revenues between US$1 billion and US$9.9 billion; and 447 from companies with revenues of US$10 billion or more.
In addition, a number of CEOs of Singapore companies across different industries were also surveyed.
Throughout this document, “we”, “KPMG”, “us” and “our” refer to the network of independent member firms operating under the KPMG name and affiliated with KPMG International or to one or more of these firms or to KPMG International.