Global economic growth over the next 12 months. 8 year analysis.
The 115 CEOs who took part in this year’s local survey express great pessimism regarding the outlook for global economic growth compared to previous years.
Confidence
Revenue growth prospects over the next 12 months. 8 year analysis.
When it comes to the revenue growth prospects of their companies, CEOs’ confidence rates do not vary significantly from previous years. On the contrary, CEOs in the Eurozone and globally express a marked decline in confidence.
Threats
Top Business threats for CEO's in Cyprus
According to CEOs, Geopolitical Uncertainty is the biggest threat to their organisation’s growth prospects followed by the availability of key skills, uncertain economic growth and the speech of technological change.
Upskilling
Respondents who stated 'Significant Progress'
In last year’s survey, the majority of CEOs agreed that investing in the retraining/upskilling of their employees was the way to close the skills gap in their organisation. This year, however, only 25% of CEOs in Cyprus, cite progress in the establishment of an upskilling programme.