Author: Daniel snow

Compared to the findings from last year’s Global CEO Survey, leaders are significantly less confident about their company’s revenue growth outlook over the next 12 months. Confidence in the three-year revenue growth outlook has also declined, although the decrease is less significant. What explains this ebbing confidence? Although CEOs remain generally optimistic about growth prospects for the global economy, they’re less confident in many countries about the local economic outlook. Industry cycles are also at work. For example, lower confidence about short-term revenue growth among insurance CEOs comes as a golden period for industry profitability is now ending. Equally, oil…

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