Global economic performance and financial risk — including liquidity, volatility, and credit risk — are growing in importance to CEOs worldwide, although still not to the extent of executing their corporate strategy, according to a Conference Board survey released yesterday.
When asked about their greatest concerns from 94 different challenges, the matched sample of 190 chief executive officers participating in this year’s survey — conducted in July, August, and October — chose excellence of execution as their top challenge for the second year in a row.
But 46.7% of survey participants, up from 24.5% in the summer, were most concerned about speed, flexibility, and adaptability to change. Global economic performance, at 44.6%, and financial risk — including liquidity, volatility, and credit risk — at 43.8%, were the fourth and fifth most pressing concerns, respectively, but were not in the top 10 list of concerns in the summer survey.