CEOs Weigh In on Global Economy

As the global economy faces continued uncertainty, PricewaterhouseCoopers interviewed CEOs around the world to learn what challenges they face in the evolving marketplace.

Here are some key findings from the 11th Annual Global CEO Survey:

n CEOs in North America, Western Europe and Japan are more cautious in their near-term outlook while those in Asia, Latin America and other emerging markets are more optimistic.

n CEOs believe an economic slowdown is the biggest risk they face.

n 57% of CEOs believe that collaborative networks will play a large role in their future business models.

n CEOs want governments to play a larger role in promoting convergence of global tax and regulatory frameworks, and in efforts to address climate change.

n Asian CEOs are leaders in the belief that governments cannot, in isolation, tackle climate change and need collaboration within the business community.

n CEOs continue to stress the importance of good people in a successful business but acknowledge the difficulty of finding employees with the right mix of technical and commercial skills. They also say managing change is made more difficult due to shortcomings in middle and senior management as well as organizational barriers.

Source: PricewaterhouseCoopers.