One might think that today’s CEOs would be interested inhigher returns, or job security, but The Conference Board finds that they’reconcerned about much more than that. A survey of chief executives found thathealthcare costs ranked significantly higher for U.S.-based CEOs than theircounterparts in Asia or
“Thisyear’s overall top challenge shows that CEOs from around the world arerealizing that strong execution is a critical factor in driving profits andrevenues,” said Jonathan Spector, president and CEO of The Conference Board.“These executives are also becoming increasingly aware of the crucial role thatpeople play in growing their companies.”
CEOs in Asia cited findingqualified managerial talent as their top concern while it ranked sixth amongCEOs in the
“Thisyear’s overall top challenge shows that CEOs from around the world arerealizing that strong execution is a critical factor in driving profits andrevenues,” Jonathan Spector, The Conference Board
Another striking differences amongglobal chieftains: Asian CEOs are more focused on seizing opportunities in
The Conference Board’s annual CEOChallenge Survey, conducted during the first quarter of this year, was based onresponses from 769 CEOs in 40 countries. Respondents were asked to rate themagnitude that each challenge poses over the next six to 12 months on a scaleof 0 (not applicable) to 5 (greatest concern).
Top 10 Concerns of CEOs:
- Excellence in execution
- Sustained and steady top-line growth
- Consistent execution of strategy by top management
- Profit growth
- Finding qualified managerial talent
- Customer loyalty and retention
- Speed, flexibility, adaptability to change
- Corporate reputation
- Stimulating innovation, creativity and enabling entrepreneurship
- Speed to market