CEO Outlook infographic

CEO Outlook infographic

Now or never

50 South African CEOs share their perspectives on the unprecedented change forecast for their companies and the world economy.

56% *

The next 3 years

* 56% of CEOs believe the next 3 years will be more critical for their industry than the previous 50.

70% *

Mission-critical issues

* 70% of CEOs are concerned about the number of mission-critical issues they need to tackle with no prior experience.

78% *

Cyber security

* 78% of CEOs agree that their customers may be more concerned about their privacy than their organisations are.

Digital Darwinism is unkind to those who wait. -Karl-Heinz Streibich, CEO of Software AG *

* 86% are concerned that new entrants are disrupting their business models and more than two-thirds (78%) of CEOs believe that their company is not disrupting their industry’s business models enough.

Top three concerns for CEOs

The complexity of the issues and the need for rapid response is putting significant pressure on CEOs.

Customer loyalty

Customer loyalty

94% concerned about the loyalty of their customers.

Customer loyalty

Economic forces

92% concerned about the impact of the global economy on their company if global economic growth is less than they project.

Customer loyalty

Innovative forces

96% are concerned about whether their organisation is staying on top of what's next in services/products.

Transformation

48% *

Massive change

* 48% of CEOs said their company will be significantly transformed in the next 3 years.

Innovation *

* One of the top three priorities of CEOs over the next 3 years is fostering innovation and 32% are concerned whether their organisation is responding effectively to regulatory change.

Technology

No.1 *

Factor

* CEOs said technology was the biggest factor contributing to company growth; global economic factors took second place.

84% *

New technologies

* CEOs are concerned about their organizations keeping current with new technologies.

Talent

100% *

Increase headcount

* All CEOs are expecting to increase headcount over the next 3 years, with 92% planning to do so over 12 months.

Skills *

Managing the gap

*The majority of CEOs reported that they will manage the skills gap in the next 3 years by investing in training, outsourcing and strategic acquisitions in key areas.

Growth confidence is high

Despite the changes enveloping their organizations, CEOs are largely confident in their 3-year growth outlook.

Company

Company

92% of CEOs are confident in growth for their company over the next 3 years.

Country

Country

90% confident in their country's growth prospects.

Industry

Industry

86% confident in their industry's growth prospects.

Global Economy

Global Economy

74% confident in the growth of the global economy.

For CEOs, it's now or never. *

* "CEOs tell me that the game is changing dramatically, but we know what we need to do, and we're confident that we can come out winners." John Veihmeyer, Chairman, KPMG International.

2016 CEO Outlook

Despite current economic and market uncertainty, Global and South African CEOs express confidence

 
Read more

What are CEOs thinking?

Short video sharing the insights & opinions of CEOs from the KPMG 2016 Global CEO Outlook.

 
Read more

Key insights from the KPMG 2016 CEO Outlook

KPMG’s 2016 Global CEO Outlook of CEO growth expectations, challenges and strategies.

 
Read more

Connect with us