{"id":14201,"date":"2021-12-14T15:41:23","date_gmt":"2021-12-14T11:41:23","guid":{"rendered":"https:\/\/pressreleasenetwork.com\/site\/?p=14201"},"modified":"2021-12-14T15:41:30","modified_gmt":"2021-12-14T11:41:30","slug":"chief-executive-outlook-positive-for-2022-in-spite-of-concerns","status":"publish","type":"post","link":"https:\/\/pressreleasenetwork.com\/site\/2021\/12\/14\/chief-executive-outlook-positive-for-2022-in-spite-of-concerns\/","title":{"rendered":"Chief Executive Outlook Positive For 2022 In Spite Of Concerns"},"content":{"rendered":"\n<p>More than 80% of global chief executives across 44 industries believe economic growth will remain strong in the new year. However, it won\u2019t be without a high level of uncertainty and volatility, according to a new survey by <a href=\"http:\/\/www.ypo.org\/global-pulse\">YPO<\/a>, the global leadership community of chief executives.<\/p>\n\n\n\n<p>Conducted 18 November \u2013 5 December with 1,700 chief executives in 101 countries responding, top YPO Global Pulse Survey findings include:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Things are looking up for many companies when it comes to two critical business factors: revenue growth and hiring.<br><\/strong><ul><li>Among those surveyed, <strong>37% reported a 20% increase in revenue or more since the beginning of 2021<\/strong>, and only 17% said they saw a decrease of 10% or more since the beginning of the year. Nearly a year before this, in October 2020 (link to past Pulse), only 19% of respondents expected an increase in revenue of 20% or more in 2021.<\/li><\/ul><\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Hiring has picked up, <\/strong>with 38% of respondents experiencing a 10% increase or more in the number of employees since the beginning of 2021,<strong> though 45% of firms said their total head count is about the same as it was in early 2021<\/strong> and 16% said they saw a decrease.<\/li><li><strong>Most chief executives (71%) reported being either very or somewhat concerned about the impact of inflation on their businesses next year.<\/strong>S. leaders (77%) are more concerned about inflation than their counterparts anywhere else in the world.&nbsp;<br><ul><li><strong>Inflation concerns could spell&nbsp;bad news for consumers<\/strong>, with&nbsp;74% of the respondents in the Food and Beverage industry, 73% in Manufacturing and 62% in Retail and Wholesale Sales&nbsp;planning to raise&nbsp;prices in response to inflation.&nbsp;<\/li><\/ul><\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>There seems to be no immediate end in sight for the supply chain issues<\/strong>, with only 2% of respondents believing they will be resolved in early 2022. Thirty-nine percent&nbsp;believe resolution will come at the end of 2022, and 38% expect it in 2023 or later.<br><\/li><li><strong>The global labor shortage continues to pose challenges for many companies,<\/strong> with 67% of respondents saying it is somewhat or very difficult for their businesses to find employees for the general workforce at present and 57% of respondents reporting the same levels of difficulty when it comes to C-suite and executive hires.<br><\/li><li>Despite clear concerns over productivity, many are moving forward with flexible and remote work schedules. <strong>Even though only 1% of executives surveyed believe employees are more productive at home than in the office, 74% of business leaders shared that some form of flexible work arrangements will become more permanent.<\/strong><\/li><li><strong>With pandemic pressures taking their toll on teams, some <\/strong><strong>businesses are taking steps to improve mental health benefits<\/strong>, with 35% reporting some type of mental health investment or strategy for employees and 16% saying they don\u2019t have one now but plan to add one.<br><\/li><li><strong>Are global business leaders buying into cryptocurrencies? No<\/strong>, only 28% of surveyed leaders said they have invested in cryptocurrencies, with 13% planning to in the future, leaving the majority (60%) saying they aren\u2019t and don\u2019t have plans to invest personally. Which chief executive demographic is leaning into the crypto charge? Respondents under the age of 35, with 58% sharing that they are already investing.<\/li><li>Heading into 2022, YPO member chief executives shared <strong>all business leaders should keep their eyes focused on these key management issues<\/strong>:<ul><li>Improving employee engagement and work culture\/retention.<\/li><li>Exploring alternative cash streams and protecting existing cash flows.<\/li><li>Preparing for the impact of inflation.<\/li><li>Planning for any future supply chain issues.<\/li><li>Understanding evolving customer needs.<\/li><\/ul><\/li><\/ul>\n\n\n\n<p><strong><u>YPO Global Pulse Methodology:<br><\/u><\/strong>The YPO Global Pulse was conducted by YPO from 18 November \u2013 5 December 2021 via an online questionnaire. A total of 1,700 YPO members responded to the survey. The members in this sample are representative of the larger YPO population and come from 101 different countries<em>.<\/em> The margin of sampling error is plus or minus 2.3 percentage points at the 95 percent confidence level.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>More than 80% of global chief executives across 44 industries believe economic growth will remain strong in the new year. However, it won\u2019t be without a high level of uncertainty and volatility, according to a new survey by YPO, the global leadership community of chief executives. Conducted 18 November \u2013 5 December with 1,700 chief [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14203,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-14201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/14201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/comments?post=14201"}],"version-history":[{"count":1,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/14201\/revisions"}],"predecessor-version":[{"id":14204,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/14201\/revisions\/14204"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/media\/14203"}],"wp:attachment":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/media?parent=14201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/categories?post=14201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/tags?post=14201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}