The race is on: 2016 Canadian CEO Outlook | KPMG | CA

The race is on

As global CEOs race to secure the talent, innovation and capabilities for growth – are Canadian CEOs keeping pace?

KPMG recently conducted a survey of nearly 1,300 CEOs from around the world, including 53 Canadian CEOs, asking them about their plans and concerns over the next three years and what we heard provides some interesting insights. 

Optimism is high

Overall, Canadian CEOs are confident in the outlook of their organizations and industries, and their ability to outperform against the general economic backdrop. They are embracing technology, leveraging data and analytics, and pursuing innovation.

While this all sounds promising, are Canadian CEOs truly focusing on the right issues and taking full advantage of the best solutions? The significant contrasts that exist from their global counterparts suggest that Canadian CEOs may want to take more cues from our international peers.

The race is on

Clearly, Canadian executives are feeling that the race is on; but it remains to be seen whether they act quickly enough and with the right focus to effectively transform and evolve. Among our findings:

  • 75 percent of CEOs agree that the next three years will be more critical to their industry than the previous 50 years;
  • 74 percent of CEOs believe their company will remain largely the same in the next 3 years;
  • 98 percent are concerned about the loyalty of customers;
  • 13 percent feel confident that they are fully prepared for a cyber-event.

Explore the report 

We hope that you find this report and the insights provided useful and of interest to you and your organization.

Read the full report [PDF 2 MB]

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