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CEOs Are Confident About the Future, But Are Still Making Changes
Tags: BUSINESS

CEOs Are Confident About the Future, But Are Still Making Changes

A recent KMPG CEO Outlook survey finds that executives are optimistic about the future of their business despite a sluggish “return to normalcy.”

According to the survey of over 1,300 CEOs around the world, 60% stated they are confident about the growth of the global economy over the next three years.

Because of this confidence, 69% of senior executives plan to invest into inorganic methods, such as joint ventures, to expand and transform their business. Even more, a whopping 87% said they would seek to make acquisitions over the next three years.

Additionally, one-fifth of respondents stated they would be cutting down or have already downsized their office footprint, which is down from the 69% who stated they would downsize their space in August of 2020.

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    Still, CEOs said they would still be focusing on more flexible options for their employees. In fact, 51% of respondents said they would be investing into shared offices and 37% stated they are adopting a hybrid work model.

    The survey also found that companies are adjusting their social strategies moving forward too. Over one-quarter of CEOs said they are concerned about not meeting climate goals and how this could impact the public market investing into their business.

    ABOUT Aayat Ali
    Aayat Ali

    Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces. Feel free to reach out to her at [email protected] View all posts by Aayat Ali

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