CEOs’ confidence in future business (12 months out) is not necessarily down from previous months. At 5.99 on a scale of 1 to 10 with 10 being the highest, it would be more accurate to say that it is flat compared with the first three months of this year. The reason is likely that CEOs are reserving judgment until they know which way the presidential election is going to go. Continued economic problems around the world also have CEOs holding back.
“[I’m] very concerned with [the] lack of talent among all the presidential contenders,” one CEO said. “[It’s] a group of very poor choices!”
“Unfortunately none of the presidential candidates are business friendly and may be a negative surprise,” another said, while a third felt that “Uncertain political and legal situations” are cuaing businesses to move with great caution “with respect to capital expenditures and growth initiatives.”
Nearly half (45%) of respondents expect their capital expenditures to grow in the next 12 months. Fully 35% expect no change at all, while 20% expect their capex to be down.
“We are expecting dynamic economic crosswinds and headwinds,” one CEO said. “ I believe that possible stagflation is hidden within the economic numbers. When you take into account the increased globalization of the FOMC, we are more likely to be impacted by geopolitical issues in the EU and China. Much more so than the prior two recessions.”
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.
