PwC Report: CEOs Foresee Global Economic Decline in 2023 Dike Onwuamaeze The PwC’s 26th Annual Global CEO Survey which polled 4,410 CEOs in 105 countries has found that 73 per cent of Chief Executive Offi
The PwC’s 26th Annual Global CEO Survey which polled 4,410 CEOs in 105 countries has found that 73 per cent of Chief Executive Officers believed that global economic growth would decline over the next 12 months.
“The pattern is consistent across a range of sectors, including telecommunications , manufacturing , healthcare and technology .” The CEOs also predicted multiple direct challenges to profitability within their own industries over the next 10- years. More than 56 per cent believed that changing customer demand/preferences would impact profitability, followed by changes in regulation 53 per cent, labour/skills shortages 52 per cent, and technology disruptions 49 per cent.The Global Chairman, PwC, Mr.
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