15% MORE CEOS CHOSE PRIVACY/DATA AS NO. 1 CONCERN
The majority of CEOs responding to the latest “personal risk” survey stated that privacy/data security is their No. 1 risk, rating it 6.6 out of 10. Fifteen percent more CEOs chose this as their chief risk today than did three months ago. Liability threats and geopolitical/terrorism were the next most important concerns (rated 4.3 and 4.2 out of 10, respectively). CEOs expressed the least amount of concern for physical threats (home invasion, kidnapping, etc.) and from risk of physical damage caused by natural disasters, rating them 3.6 and 3.4, respectively.
“Risk to personal data is a matter of the measured risk versus the cost in dollars, time, inconvenience,” one CEO responded. “Not all data should be evaluated at the same risk level. Tailor your mitigation to the risk.”
The survey is conducted by Chief Executive, in partnership with PURE Insurance.
PRIVACY/DATA SECURITY: HIGHEST RISK, LOWEST COMFORT LEVEL
CEOs felt most comfortable with their ability to protect themselves and their families from physical damage and natural disasters, rating their comfort level 7.6 out of 10, compared with 7.3 for liability threats (such as lawsuits) and 6.9 for physical threats to themselves and their families. CEOs rated their comfort with being able to mitigate geopolitical/terrorism risk at 5.9. They were least comfortable with their ability to protect themselves and their families from privacy/security threats, rating their comfort level 5.5 out of 10.
CEOS TAKE CYBERSECURITY PRECAUTIONS
The majority of CEO respondents take some type of precaution to protect themselves and their families from privacy/data security risk, with “updating security software on computers” (76 percent) the most popular measure taken. Next came “keeping passwords secure and varying them by site,” followed by “having sophisticated passwords” (71.9 percent).
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.
