October 2016: CEO Confidence Holding Steady as Countdown to Election Begins
CEO confidence in business conditions 12 months from now remained flat in October, registering a 5.90 on a scale of 1 to 10, compared with the same rating for September.
CEO confidence in business conditions 12 months from now remained flat in October, registering a 5.90 on a scale of 1 to 10, compared with the same rating for September.
It’s not surprising that large companies (+$1 billion) have the weakest view of future business conditions (12 months from now), according to our latest CEO Confidence Index.
Between the UK’s Brexit vote, the upcoming U.S. presidential election, ongoing terrorism attacks and other global issues, it appears that CEOs are voicing more skepticism about future business conditions today than they had in previous months.
The closer we come to the election, the more skittish CEOs become about future business.
CEOs are cautious about future business expectations and appear to be in ‘wait and see’ mode.
Good news: Manufacturing CEOs feel that business conditions are improving.
March’s 6.04 rating out of 10 (with 10 being the highest) is the first significant increase in CEO confidence in 5 months. Could it be that CEOs are seeing a light at the end of the tunnel?
There was no difference in opinion based on company size, but there were significant differences when analyzed by industry.
CEOs overall rated their confidence in business conditions 12 months from now a 6.08 on a scale of 1 to 10 (with 10 being the highest), compared with 6.71 in January, a 9.4% reduction caused by a weak economic recovery, flat manufacturing sales, increased terrorism, cybersecurity threats and more.
CEOs’ faith in future business conditions (12 months from now) continues to drop. Respondents to Chief Executive’s November 2015 survey showed a reduction in CEO confidence, down 2.7% from October—and down 9.7% the beginning of the year.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.