According to a recent survey, U.S. CEOs are not particularly optimistic about growth in the coming year, but do feel more confident about growth in the future. In PwC’s 16th Annual Global CEO Survey of 167 U.S. CEOs, 81% responded that they had applied cost-cutting measures in 2012, and for the current year, 71% replied they would be again cutting costs.
Half of the CEOs who responded to the survey had only been leading their companies for 5 years or less. Because of an uncertain economy domestically and abroad, these recently hired CEOs learned the importance of resilience to preserve their companies’ success.
PwC’s survey revealed the 4 global industries most focused on supply chain engagement, where concerns lie with consumer spending and material costs, and if steps were being created to help reduce carbon footprints. Read the rest of the Annual Global CEO Survey at the green button below.
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