![]() This survey was conducted between October and November 2021, with 1,614 C-suite executives responding, including 917 CEOs across the globe. We also explore C-suite views on the benefits and risks of hybrid work models, and priorities related to environmental, social, and governance (ESG) matters. This year’s survey, our 23rd, focuses on the external stress points the C-suite faces and their impact on strategies. The key in preparing for the next one lies in developing processes to model possible events and to proactively build contingency plans. Yet there is consensus on climate change: just one in four agree that their organization is prepared for a major crisis related to an extreme weather event. The past two years have shown that organizations can learn to deal with a global crisis. The gap is widest regarding cybersecurity threats. Functional leaders-the C-suite team-generally believe that their organizations are now better prepared to handle a range of future potential systemic disruptions. Yet confidence levels in managing through the next big global crisis vary within organizations. Executives will look to digital transformation, business model innovations and better cash flow management, more flexible supply chains, a values-based corporate culture, and innovative human capital management to respond.Īre organizations ready to seize opportunities in the coming year? Strategies for deflecting pricing pressures and transitioning to the appropriate fit for an emerging work-from-anywhere model show agility in action. ![]() Each is directly tied to the pandemic, yet each also threatens to take on a life of its own. Rising inflation, labor shortages, supply chain disruptions, and changing consumer behaviors are the high-impact events that are top of mind for CEOs and other C-suite executives. Our 2022 C-Suite Outlook survey shows that the pandemic will continue to shape a uniquely challenging business and human capital environment. However, one year later, only 44 percent of the global population is fully vaccinated, and herd immunity has yet to be achieved. EXECUTIVE SUMMARY COVID-19 Is Proving to Be More of a Marathon Than a SprintĪt the start of 2021, many forecast that by year-end, the majority of the world population would be vaccinated and that most economies would shift into expansionary mode.
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