Executives in the US are more confident than past years about their companies’ growth but at the same time are more insecure about the future of economic growth overall.
The PwC US Chairman, Tim Ryan, talked about the three main challenges facing businesses and other US findings from the 20th CEO Survey.
“For me, the main and biggest takeaway from the US findings was the fact that CEOs are more confident in their ability to grow their business. A 39% of the CEOs think that they will grow their business and 29% think that the market is going to grow, which means that they are going to stay on market share”, stated the PwC US Senior Partner and Chairman, Tim Ryan.
Three main challenges that CEOs in the US are facing at the moment:
Tim Ryan describes the three challenges that US CEOs are facing: the first challenge is the execution of their business in a world that is rarely complicated, the second challenge concentrates on planning for the long term – market strategies, use of technologies, skill sets etc. He says that the CEOs have their one foot in today managing the business and the other foot fully focused on looking forward. The last challenge is societal and our survey shows that in the business sector it goes way beyond just investors and customers but to people and society overall.
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