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🌍 Navigating a Decade of Disruption: CEOs Betting Big on AI 🌍 The KPMG CEO Outlook provides valuable insights from over 1,300 global business leaders, capturing their perspectives on navigating the complexities of today’s business environment. Despite facing unprecedented challenges—from the COVID-19 pandemic to geopolitical tensions—CEOs remain resilient and optimistic about the future. 🔍 Key Insights: • AI at the Forefront: CEOs are heavily investing in AI, recognizing its potential to transform every aspect of business. Despite public concerns about job redundancies, 76% of CEOs believe AI will not reduce jobs in the next three years. Workforce Evolution: 92% of leaders plan to increase headcount and focus on upskilling to meet future demands. However, only 38% are confident their employees currently have the right skills to leverage AI. Sustainable Growth: Balancing ambition with caution, especially regarding ESG issues, is crucial for long-term success. Ethical implementation of AI remains a significant concern, with 61% of CEOs identifying it as a major challenge. As we look ahead, the commitment to innovation and adaptability will be key. CEOs who embrace AI and invest in their workforce are poised to lead their organizations through the next decade of growth. 💬 What are your thoughts on the role of AI in shaping the future of business? 📖 Read more about these insights here: https://lnkd.in/eiyEaGvG #AI #Leadership #Innovation #SustainableGrowth #KPMGCEOOutlook

The recent EY CEO survey sheds light on the dual priorities of today's business leaders: harnessing AI for immediate productivity gains and steering their companies towards a sustainable, net-zero future. Here's a snapshot of the key findings: ✅ AI Transformation for Productivity: CEOs prioritize AI and technology advancements to drive growth and efficiency in the short term. This focus is enhancing productivity and positioning companies for future success. ✅ Long-Term Sustainability Goals: While AI dominates the immediate agenda, CEOs are equally committed to decarbonizing their operations and exploring new revenue streams to achieve net-zero targets. ✅ Collaboration for a Sustainable Future: The path to a sustainable future requires joint efforts from businesses, investors, and policymakers. Greater collaboration can accelerate the shift towards net zero and unleash innovative bottom-up initiatives. ✅ Optimistic M&A Outlook: CEOs and institutional investors are optimistic about mergers and acquisitions in the remaining 2024. Increased acquisitions and divestitures are expected, signaling a robust deal environment compared to 2023. ✅ Resilience and Confidence: CEOs are demonstrating resilience, with a more positive outlook on growth and profitability. They are better equipped to navigate external challenges and manage what they can control. Key Statistics: 🍃 54% of CEOs view sustainability as a higher priority than 12 months ago, compared to 28% of institutional investors, probably because investors have had it in the agenda for some time now. 🤝 61% of institutional investors anticipate a stable deal environment in 2024, with 34% expecting an acceleration in deals. 👉🏼 The survey also highlights regional differences, with North American CEOs expressing greater confidence in revenue growth compared to their European counterparts. This optimism reflects the enduring strength of the US economy. The EY CEO Outlook Pulse survey, with insights from 1,200 executives and 300 institutional investors, underscores the evolving priorities in a rapidly changing global economic landscape. As we look ahead, the integration of AI and sustainability initiatives will be crucial for driving growth, creating value for shareholders, and meeting societal demands. -- 🧑🏻💼 #CEO #Leadership #AI #Sustainability #MergersAndAcquisitions #EYSurvey #BusinessGrowth #FutureTrends

38% of CEOs see themselves as leaders in navigating disruption, particularly by embracing emerging technologies like AI, as revealed in the latest EY CEO Outlook Pulse Survey. For success in today’s business landscape, CEO confidence is a game changer. It fosters a culture where their businesses can take risks, explore new markets, and push boundaries. For private businesses, this can mean being quicker to invest in and adapt to new technologies, being bolder with big strategic decisions and being unafraid to transform business models or even reshape entire industries. This CEO confidence of what’s possible. It’s no longer just about managing risk—it’s about using confidence to fuel growth and innovation. By leading with confidence and innovation, private enterprises are laying the foundation for long-term success. #PrivateBusiness #Innovation #Leadership https://lnkd.in/edhBTfTp

The 10th KPMG CEO Outlook reveals a shift in CEO priorities amidst economic uncertainties. While confidence in global growth has declined, 72% of CEOs remain optimistic, and 92% aim to increase workforce numbers—the highest since 2020. Additionally, AI is a top investment focus for 64% of CEOs, with 76% anticipating minimal job impact. This resilience and forward-thinking approach are critical as leaders navigate a complex landscape. ♟️ Discover more insights in the full article by Fortune Greece: https://lnkd.in/dNhEWqD9

🚀 Why SME CEOs need to get ahead of administrative inefficiency now! 🚀 Whilst the 27th PWC CEO Survey (copy in the comments) said a lot to be encouraged about in terms of growth outlook and positive AI potential , it provided a cautionary tale for those building their businesses today in the #SME sector. How to be intentional about your culture as you grow with complexity. And culture, as the read-only version of the orgnisational system, requires us to be intentional about the consequences of our actions. Here's my takeaways for those scaling their Operations today: 👩🏭 Embrace decentralisation of the work being done by those closest to the market. 👑 Empower your people to make decisions. 📈 Ensure they have the skills, data and safety to make those decisions. 🗣 Foster a place where feedback is sought and acted upon in the spirit of continuous improvement. 📠 Automate at scale and give back time to focus on value-creating activities. 👋 Be prepared to cleanse the organisation of old wasteful rituals and habits that don't add value any more along the growth journey (e.g does the CEO need to approve every hire?) We can't anticipate what level of unpredictability the external market will throw at us but we can prepare our orgnisations early on to embrace ways of working that can deal with any of these futures. #SME #COO #CEO #Efficiency #WaysofWorking #Culture #scale

📣 KPMG CEO Outlook: Top CEOs see through global turbulence by betting big on #AI Navigating a decade of #disruption: Ten years of the KPMG #CEO Outlook research shows CEO confidence in their organization’s future, despite geopolitical and economic volatility. From the race to embrace artificial intelligence (AI) to ever-mounting geopolitical concerns, the challenges faced by the CEOs of today are vast and complex. Alongside these external pressures, internal challenges such as upskilling the workforce and hybrid working are pushing CEOs to be agile and adaptable in their stakeholder management while also keeping an eye on long-term growth. Yet, global leaders remain resilient, leading their businesses on a path to sustainable growth. Global leaders continue to create a solid foundation by betting big on AI and bolstering their workforce to adapt to evolving business needs. This year’s survey shows that CEOs are optimistic about their organization’s future, with 92 percent of leaders looking to increase the overall headcount of their workforce, but also recognizing they need to future proof the skillsets of their people and demonstrate increased employee value proposition to attract and retain talent. Balancing ambition and appropriate caution will be key when it comes to ESG issues if CEOs want to avoid stakeholder criticism and, more importantly, do the right thing. "The last ten years has been framed by a backdrop of volatility and change" said our Global Chairman, Bill Thomas The report* provides deep insight into how businesses are navigating complex challenges around: 1. The opportunity for AI to enhance the workforce, not reduce it  2. Confidence in the global economy over the next three years 3. The top risks to growth  4. Withstanding stakeholder scrutiny around balancing sustainability and growth *That’s according to the more than 1,300 CEOs at many of the world’s largest businesses who shared their views in the 2024 KPMG CEO Outlook released on Sept 18. KPMG Saudi Arabia KPMG Maz Hussain Tareq Dreiza Tarek Okasha Marin Ivezic Ton Diemont Robert Martin Fadi Al-Sheikh Mohammed Hajar Samer M. Abdallah Yann Rousselot-Pailley, M. Sc. Raad AlAmad CTBME, PMP, COBIT Fuad Chapra Islam Al Bayaa

We all embracing the EY's new global strategy "All in", this strategy aims to create new value for clients, people, and stakeholders. As we face increasingly complex challenges, this strategy will ensure our globally integrated network leads in an AI and technology-driven era. All in is not just a business strategy, it captures an attitude and way of working – combining the multi-disciplinary skills of the 400,000 person strong EY workforce to anticipate and navigate a changing world – so that EY clients and EY people can shape the future with confidence. #EY #buildingabetterworkingworld #clientcentricity #EYStrategy #AllIn #FutureOfWork #Innovation #AI #Sustainability #BusinessGrowth #Leadership #Transformation #AuditQuality #Collaboration #GlobalImpact

Reflecting on the findings from the 27th Annual Global CEO Survey, PwC leaders shed light on the unprecedented confluence of pressures facing executives today. https://lnkd.in/eZnQajyU

In a rapidly shifting business landscape, evolving to survive is the key imperative. Our CEO survey highlights a stark reality: most leaders believe their businesses won't survive the next decade without reinvention. This fear is not baseless. In fact, less than half of the S&P 500 companies from a decade ago still exist today. Business model reinvention is the key to thriving in this new era. #pwc #ceo #businessmodelreinvention

Business leaders are facing an uncertain and volatile future - 45% of CEOs expect that their organisations will not be economically viable within a decade. They need to act today to turn disruption into opportunity – and reinvent their business models. Discover how leading companies turn big ideas into breakthrough products and services in PwC's latest video: https://pwc.to/3XN7z01 #BusinessModelReinvention Simon Gealy | Andrew Taggart | Charles Loh | Shahrin Ismail | Martijn Peeters | Vilaiporn Taweelappontong | Veronica R. Bartolome | Johnathan Ooi | Eugene Macey | Marc Philipp