In my conversations with hundreds of CEOs, board members,
public sector and other leaders, there is broad agreement:
uncertainty is challenging our businesses
and our ability to make decisions.
BCG’s latest C-suite survey confirms that sentiment
with economic uncertainty top of mind for all.
Given the turbulence in the economy and in financial markets,
most business leaders are rightly focusing on reducing costs.
The savviest executives surveyed are also investing
for growth—in digital and artificial intelligence, in climate
and sustainability, and above all, in talent.
These companies are building resilience to withstand
future shocks and, ultimately, thrive.
Our survey shows investments in resilience pay off.
Over the past year, resilient businesses outperformed their peers
by, on average, 15 percentage points in total shareholder return.
Cost management will continue to be critical over the next few years.
But so will scenario planning, capability building, and continuous learning.
As long as uncertainty reigns, the winning strategy remains:
take care of the short term without losing sight of long-term ambitions.
Have a look at the survey results—
I'm sure you will find them interesting.