What's more, our survey discovered that several traders anticipate improved profitability, income and productiveness to come with the expense of the workforce. Only a third of buyers feel that GenAI will produce headcount reductions of five% or maybe more—an analogous proportion even hope it to extend headcount by five% or even more (see chart under).

She has practical experience in corporate reporting communications, working with FTSE 350 corporations investor relations teams, together with building thought Management analysis on evolving regulation necessities and corporate reporting trends.

The field and place-stage figures are dependant on unweighted details in the total sample of four,701 CEOs. The total findings is usually accessed on pwc.com/ceosurvey.

Enabled by information and technological know-how, numerous EY groups in above a hundred and fifty international locations offer belief as a result of assurance and enable clientele grow, completely transform and function.

Prioritise consumers. According to the survey findings, sixty one% of investors believe it is very or exceptionally significant that corporations rethink their organization versions in response to buyer Choices.

To maneuver forward leveraging the power of AI, CEOs from the CEE region really should check with on their own a variety of guiding inquiries. Is my business one of the businesses which might be ahead of your curve on AI?

This craze is consistent with PwC’s Global Possibility Survey 2023, which discovered that sixty% of respondents see generative AI as mainly or fully a chance rather than a chance.

“This year’s survey shows a far more mature perspective of GenAI within the organization. CEOs are certain it's the facility to unlock new alternatives – in actual fact They are really more optimistic than very last 12 months. Simultaneously, These are a lot more aware about the issues they should navigate to realise that price.

CEOs also global CEO survey acknowledge that other talent-similar issues could influence upcoming development and competitiveness. Just about a 3rd of them say They can be worried about labor industry shifts — specially the number of personnel that can before long retire, and The dearth of competent staff available to substitute them. In reaction to this talent scarcity, eighty percent of CEOs concur that corporations ought to be buying expertise progress and lifelong Studying in area communities to assist safeguard use of future talent.

Meanwhile, two-thirds of CEOs report reallocation of methods (financial and human) of twenty% or much less 12 months to year. The connections amid reallocation, reinvention and economical overall performance advise that more aggressive reallocation—approximately a degree—is required to realize success.

Balancing ambition and appropriate caution will probably be crucial In relation to ESG troubles if CEOs want to stop stakeholder criticism and, a lot more importantly, do the best issue.

A vast majority (fifty nine%) of CEOs in CEE think that generative AI will significantly alter the way their organization produces, provides and captures value about the next three a long time.

As we kick-off 2024, Laura Kennedy is joined by PwC’s Global Reporting Chief Nadja Picard, and Eleanor Larner from our global investor engagement programme to learn what investor’s need to know regarding how businesses are running crises and keeping resilient, whilst creating and shielding extended-term worth in right now’s fracturing earth.

Although the four,702 CEOs responding to this 12 months’s survey have been much more optimistic about global financial expansion than previous year, forty five% of them are still not self-assured that their firms would survive more than ten years on their own existing path. Among the many other crucial findings: