Supply Chain Disruption and the impact of new technologies, such as Artificial Intelligence, are the top concerns for the next three years of CEOs of the world’s leading companies. This according to the 2024 edition of KPMG CEO Outlook. The Outlook includes the opinion of more than 1,300 business of the world’s largest economies and key industries.
Their operational priorities for the next three years will be advancing digitalization and connectivity in their business (18%), understanding and implementing Generative AI across the organization and upskilling the workforce (13%) and executing ESG initiatives (13%).
64% of global CEOs indicated that they would invest in AI in 2024, regardless of economic conditions.
Future Proofness of the Workforce & Potential of AI
CEOs are worried about the “future proofness” of the skillsets of their workforce. Only 38% of CEOs were confident in the AI readiness of their employees in the ability to make the most of the benefits. They recognize the potential for AI to increase efficiency and productivity (16%), improve workforce skills for future readiness (14%), and increase organizational innovation (13%). Nevertheless, they are optimistic about their organization’s future, with 92% of CEOs expecting to increase the number of staff.
Explore the full KPMG 2024 CEO Outlook