CEO confidence has a direct impact on their expectations for their companies’ top and bottom lines. Nearly half (47.4%) of all December 2016 respondents expect their revenue to rise 1 to 9.9% 12 months from now, 22.1% expected their revenues to grow 10 to 19.9%% and 12.7% expect it to rise 20% or more. Profit projections followed a similar pattern, with 38.7% anticipating a 1 to 9.9% increase, 21.2% a 10 to 19.9% increase and 14.2% anticipating an increase above 20%.
This confidence shows in their overall ratings. CEOs rated their confidence in business conditions 12 months from now a 6.93 out of 10 (with 1 being the lowest and 10 being the highest); that’s a 5.9% jump from November’s 6.54, and a 14.7% jump from 6.04 last January.
“Finally, with a change in the White House the economy will start to get better,” one CEO said. “Our management team is highly optimistic the national tax and regulatory environment will improve materially with the incoming administration,” said another.
Not everyone agrees, however.
One CEO remains concerned about state regulations in California, while another felt that “the simultaneous and multiple overlapping ripple effects of the Trump election … will erode U.S. and global B2B and B2C buying confidence and many other critical yet tenuous commerce support mechanisms and financial foundational structures.”
Compared with previous presidential elections, confidence is nearly at 2004 levels (the CEO Confidence Index was launched in 2002).
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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.
