Amid economic turbulence, geopolitical instability and massive business disruption, the pressure on CEOs is mounting. Are Canadian CEOs keeping pace?
Amid economic turbulence, geopolitical instability and massive business disruption, the pressure on CEOs is mounting – are Canadian CEOs keeping pace?
To understand how CEOs are preparing for the future, KPMG recently conducted its second annual survey of nearly 1,300 CEOs around the world. Notably, Canadian CEOs are more optimistic about the impact of emerging trends than their global counterparts.
Despite concerns that inflation, interest rates and tax rates will rise in the next three years, Canadian CEOs are confident that their companies will experience top-line growth over the next 12 months. To execute on their priorities, they plan to scale up their business operations and processes, digitize their businesses and improve speed to market.
In light of the demographic, geographic and technological revolutions taking place, respondents cited technology transformation as their top strategic priority over the next three years, but a majority are wrestling with how to invest to innovate and how to deal with emerging technologies over the same time period.
This edition of the Canadian CEO Outlook reveals the dilemma CEOs face each and every day – the need to invest in innovation and identify the action steps necessary to keep pace in an age of disruption, while at the same time balancing geopolitical, economic and business transformations.
These and a wide variety of other results are summarized in KPMG’s recent report Disrupt and grow: 2017 Canadian CEO Outlook. In addition to comparing global and national survey responses, this report explores the ways in which Canadian CEOs are setting investment objectives, responding to prevailing business concerns and addressing today’s geopolitical realities. The report also makes suggestions on how Canadian CEOs can continue balancing their needs to invest in ongoing innovation and transformation.
Download Disrupt and grow: 2017 Canadian CEO Outlook to see how your company compares to its national and global peers, and discover strategies you can adopt to take advantage of opportunities in an era of disruption.
© 2017 KPMG LLP, a Canada limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.