Chief Executive Group recently asked hundreds of CEOs and CFOs to share their strategies for navigating the current environment. Here’s where they said they’re focusing energy and resources for the next few months of uncertainty.
After four months of continuous decline, our CEO Confidence Index jumped this month, as CEOs report early indications that by this time next year, the country will be in a recovery. “Business is picking up, and our clients are looking beyond 2023.”
Far more CEOs are forecasting a recession in the near term versus even a month ago, but some say slowing demand amid rising rates and prices is what’s needed to get the economy back on track.
Chief Executive’s June survey of 278 U.S. CEOs shows leading confidence indicator now at 5.5/10, the lowest reading in nearly a decade. Majority forecasts worsening conditions in the year ahead, though not a recession.
Almost all the CEOs we surveyed in May say they will work in at least partially hybrid mode for the rest of the year—versus just 7 percent who said they’d be fully remote.
Amid historic inflation, choked supply chains, rising interest rates and an unending battle for talent, CEOs are increasingly worried about the year ahead.
More CEOs say the war in Ukraine has affected their companies’ cybersecurity than anything else, and a whopping 85 percent of them see it as a prolonged challenge, “with no end in sight.”
Inflation, supply chain snarls and increasing concern about a recession push CEO confidence to its lowest level since the Clinton v. Trump election. “The Russian invasion of Ukraine became the tipping point.”
Chief Executive’s March CEO Confidence Index poll shows equal proportions of CEOs now forecasting improving and deteriorating business conditions for the year ahead.
Chief Executive’s February CEO Confidence Index poll shows a record number of CEOs plan to increase their hiring over the coming year, but, their confidence in future conditions dropped on worries over interest rates, inflation and instability.
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
0
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.
