Despite record levels of short-term optimism in the global economy, CEOs worldwide report heightened levels of anxiety regarding the business, economic, and, particularly, the societal threats confronting their organisations. PwC’s 21st CEO Survey sheds light on this seeming contradiction and the factors contributing to CEOs’ anxiously optimistic outlook on 2018 and beyond.
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Global Chairman Bob Moritz on CEOs' expectations and concerns for 2018. Duration 1:39
CEOs in Belgium are among the most confident regarding global economic growth with almost two-thirds (63%) believing that it’ll improve over the next 12 months, compared to 57% globally. Of the broader societal threats that CEOs in Belgium worry about, geopolitical uncertainty tops the list (87%), followed by over-regulation (84%), populism (82%) and climate change and environmental damage (82%).
With regards to business threats to growth, the availability of key skills is the greatest concern for nearly all respondents (89%), notably ahead of cyber threats (79%) and the speed of technological change (76%). Specifically with regards to digital talent, Belgian CEOs seem to be struggling harder than their counterparts in Western Europe and globally to attract digital talent.