Our researchers concluded that CEOs need to be flexible and agile, while at the same time adopting a new mindset and mindfulness—to move fast and decisively. They identified five ideas at the foundation of the new mindset.
Every year, we release our U.S. CEO Outlook, based on a survey of 400 U.S. CEOs across all major industries and conversations with a dozen leading CEOs about the issues they face. “Growing Pains”, our 2018 U.S. CEO Outlook report, revealed that CEOs are ardently pursuing growth and technology-driven disruption, fueled by confidence in both the U.S. economy and their own growth prospects. In this blog series, our professionals from different industries and groups weigh in on the implications of the survey results.
As they ride the tailwinds of tax reform and regulatory relief, U.S. CEOs are primed to pursue growth aggressively through mergers and acquisitions, overseas expansion and investments in innovation and collaboration. They are highly confident in their business prospects and their ability to disrupt the sectors in which they operate and confront risks head-on.
In fact, 77 percent are “very confident” in the growth prospects for their companies over the next three years, up from 46 percent a year ago. Thirty-six percent have a “high M&A appetite” and are likely to undertake acquisitions which will have a significant impact on their organization.
These emerged as key findings in KPMG’s 2018 U.S. CEO Outlook, based on a survey of 400 chief executives across all industries.
It's also evident from the survey that the robust economy, coupled with the digital and demographic changes that are transforming the business landscape and society, are creating invigorating yet formidable opportunities for growth.
Our researchers concluded that CEOs need to be flexible and agile, while at the same time adopting a new mindset and mindfulness—to move fast and decisively. They identified five ideas at the foundation of the new mindset: