As former IBM CEO Louis Gerstner once said, "People should fear the competition, not their bosses." Too many leaders confuse openness with weakness. But there’s a difference between strong-minded and bull-headed.
CEO confidence in future business conditions fell 6% in August from July, according to Chief Executive’s most recent polling. At 6.2 out of 10 on our 1-10 scale, confidence is at its lowest level since October 2016.