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CEOs' curbed confidence spells caution
PwC · 2019 · cover
CEOs' curbed confidence spells caution
 What do CEOs know about the future?
PwC · 2019 · section_divider
What do CEOs know about the future?
 Three clear themes emerged:
PwC · 2019 · key_messages
Three clear themes emerged:
 1 GROWTH: Reality check
PwC · 2019 · section_divider
1 GROWTH: Reality check
436% — increase in share of CEOs expecting decline
 While many CEOs expect global economic growth to ‘improve’, there is a sharp rise in those saying growth will ‘decline’
PwC · 2019 · industry_trends
While many CEOs expect global economic growth to ‘improve’, there is a sharp rise in those saying growth will ‘decline’
42% — CEO sentiment on global economic growth
 In every region, the share of CEOs who believe global growth will ‘decline’ grew significantly
PwC · 2019 · industry_trends
In every region, the share of CEOs who believe global growth will ‘decline’ grew significantly
 Confidence in organisations’ revenue growth prospects has fallen sharply as well
PwC · 2019 · industry_trends
Confidence in organisations’ revenue growth prospects has fallen sharply as well
35% — CEO confidence
 In every region, CEO confidence in both short- and medium-term revenue growth prospects has plateaued or fallen
PwC · 2019 · industry_trends
In every region, CEO confidence in both short- and medium-term revenue growth prospects has plateaued or fallen
 CEOs' lower confidence could indicate a more subdued global economic growth than leading forecasts
PwC · 2019 · industry_trends
CEOs' lower confidence could indicate a more subdued global economic growth than leading forecasts
 Look inside-out for growth
PwC · 2019 · section_divider
Look inside-out for growth
 Threats that are top-of-mind are less existential and more related to the ease of doing business
PwC · 2019 · industry_trends
Threats that are top-of-mind are less existential and more related to the ease of doing business
35% — CEO concern level
 Each region cites a different number one threat, but there is a broad consistency in what is top-of-mind across the world
PwC · 2019 · industry_trends
Each region cites a different number one threat, but there is a broad consistency in what is top-of-mind across the world
60% — Percentage of CEOs 'extremely concerned'
 Trading Places
PwC · 2019 · key_messages
Trading Places
60% — CEO concern regarding protectionism
 Of CEOs who are ‘extremely concerned’ about trade conflicts, two-thirds are changing their strategy
PwC · 2019 · case_study
Of CEOs who are ‘extremely concerned’ about trade conflicts, two-thirds are changing their strategy
62% — Percentage of CEOs
 CEOs appear to be less certain about their expansion plans outside their home markets
PwC · 2019 · industry_trends
CEOs appear to be less certain about their expansion plans outside their home markets
46% — CEO sentiment
 China’s CEOs are radically revising their growth ambitions and are behind the drop in votes for the US as top market
PwC · 2019 · market_landscape
China’s CEOs are radically revising their growth ambitions and are behind the drop in votes for the US as top market
17% — CEO growth market preference
 Faced with the new realities, organisations are turning inward to drive revenue growth
PwC · 2019 · industry_trends
Faced with the new realities, organisations are turning inward to drive revenue growth
77% — CEO growth strategy preference
 Mind the information and skills gap
PwC · 2019 · section_divider
Mind the information and skills gap
 CEOs face issues with their own capabilities, mostly in terms of data adequacy, with a huge gap that remains ten years on
PwC · 2019 · data_table
CEOs face issues with their own capabilities, mostly in terms of data adequacy, with a huge gap that remains ten years on
95% — Data adequacy gap
 The skills gap is a particular pain point, impeding innovation and prompting higher people costs
PwC · 2019 · pain_points
The skills gap is a particular pain point, impeding innovation and prompting higher people costs
55% — Percentage of CEOs
 Closing the Skills Gap
PwC · 2019 · key_messages
Closing the Skills Gap
 Retraining is favoured to bridge skills gaps, with North America’s CEOs also relying on establishing a direct pipeline from education
PwC · 2019 · case_study
Retraining is favoured to bridge skills gaps, with North America’s CEOs also relying on establishing a direct pipeline from education
58% — Percentage of CEOs
 Addressing these gaps is critical as the majority of CEOs believe AI will have a larger impact than the internet revolution
PwC · 2019 · market_landscape
Addressing these gaps is critical as the majority of CEOs believe AI will have a larger impact than the internet revolution
60% — CEO sentiment on AI impact
 Despite this bullish view, most organisations have not introduced AI initiatives
PwC · 2019 · data_table
Despite this bullish view, most organisations have not introduced AI initiatives
23% — AI adoption status
 The US$15 trillion question: Can you trust your AI?
PwC · 2019 · key_messages
The US$15 trillion question: Can you trust your AI?
US$15.7 trillion — Global GDP gains
 CEOs are divided whether AI will displace more jobs than it creates
PwC · 2019 · market_landscape
CEOs are divided whether AI will displace more jobs than it creates
 NAVIGATING UNCERTAINTY: The opportunity for leadership in the digital future
PwC · 2019 · section_divider
NAVIGATING UNCERTAINTY: The opportunity for leadership in the digital future
 Gaining access to third party service provider's global resources and knowledge is the top reason global talent mobility professionals are seeking managed services support.
KPMG · 2022 · industry_trends
Gaining access to third party service provider's global resources and knowledge is the top reason global talent mobility professionals are seeking managed services support.
68% — Prevalence of assignment policies
 Over the next five years, the use of diverse mobility types to support talent and global business development goals will continue.
KPMG · 2022 · industry_trends
Over the next five years, the use of diverse mobility types to support talent and global business development goals will continue.
51% — Core versus flex adoption
 Global mobility professionals are providing the following provisions and services for short-term and commuter assignments, and permanent transfers
KPMG · 2022 · industry_trends
Global mobility professionals are providing the following provisions and services for short-term and commuter assignments, and permanent transfers
67% — Stakeholder involvement
 Top choices for the basis of an organization’s hypothetical tax calculation. Most global talent mobility professionals reported that their tax policy does not include non-organizational (i.e., personal) income.
KPMG · 2022 · key_takeaways
Top choices for the basis of an organization’s hypothetical tax calculation. Most global talent mobility professionals reported that their tax policy does not include non-organizational (i.e., personal) income.
79% — Hypothetical tax calculation basis
 Of global talent mobility professionals not currently using a technology solution, fewer this year plan on implementing a tool in the next 12 months than last year, often relying on technology platforms of external service partners
KPMG · 2022 · industry_trends
Of global talent mobility professionals not currently using a technology solution, fewer this year plan on implementing a tool in the next 12 months than last year, often relying on technology platforms of external service partners
30% — Analytics usage
 Focus on automation and robotics is not a key priority for many organizations
KPMG · 2022 · industry_trends
Focus on automation and robotics is not a key priority for many organizations
45% — Strategic vision for automation
 Global talent mobility professionals changing focus of automation and robotics applications:
KPMG · 2022 · key_takeaways
Global talent mobility professionals changing focus of automation and robotics applications:
21% — Adoption rate
 What the Evolution of Travel Means for Business
BCG · 2021 · executive_summary
What the Evolution of Travel Means for Business
 There have been major disruptions to travel and tourism
BCG · 2021 · situation_overview
There have been major disruptions to travel and tourism
-$4.5T — Economic impact
 Travel demand is increasing, but recovery will vary by country and is tied to vaccine progress
BCG · 2021 · industry_trends
Travel demand is increasing, but recovery will vary by country and is tied to vaccine progress
+393% — Relative ticket volumes
 Travel and tourism trends | Expect high near-term demand in leisure travel with potential structural changes in business travel
BCG · 2021 · industry_trends
Travel and tourism trends | Expect high near-term demand in leisure travel with potential structural changes in business travel
90% — airline ticketing volumes
 Consumers are calling for increased sustainability as travel industry responds with initiatives
BCG · 2021 · industry_trends
Consumers are calling for increased sustainability as travel industry responds with initiatives
68% — Consumer preference for green-friendly brands
 Implications for all companies | Prepare for volatility from consumer spending shifts with demand sensing
BCG · 2021 · framework_2x2
Implications for all companies | Prepare for volatility from consumer spending shifts with demand sensing
30 pp — demand-sensing accuracy
 Implications for all companies | Update business travel operating model to account for hybrid and remote work
BCG · 2021 · recommendation
Implications for all companies | Update business travel operating model to account for hybrid and remote work
42% — companies planning to resume domestic business travel
 Implications for all companies | Improve business travel sustainability by reducing footprint and engaging suppliers
BCG · 2021 · recommendation
Implications for all companies | Improve business travel sustainability by reducing footprint and engaging suppliers
50% — priority on travel sustainability
 Take opportunity to double down on changes accelerated by COVID-19 and reset traditional approaches
BCG · 2021 · strategic_options
Take opportunity to double down on changes accelerated by COVID-19 and reset traditional approaches
 Mixed travel recovery sentiments across the world as certain regions look to reopen while others remain controlled; various tactics explored in recovery
BCG · 2021 · context
Mixed travel recovery sentiments across the world as certain regions look to reopen while others remain controlled; various tactics explored in recovery
 Case counts reduced as vaccine rollout continues, especially in North America and Europe
BCG · 2021 · industry_trends
Case counts reduced as vaccine rollout continues, especially in North America and Europe
172M — confirmed cases
 Despite progress on vaccination across the world, caution required as concerning variants spread among immune-naïve population
BCG · 2021 · industry_trends
Despite progress on vaccination across the world, caution required as concerning variants spread among immune-naïve population
80% — variant frequency
 COVID-19 has broad geographic reach today with countries at different stages in their fight
BCG · 2021 · industry_trends
COVID-19 has broad geographic reach today with countries at different stages in their fight
 Many large economies expected to continue recovery and reach 2019 GDP levels between 2021 and 2022
BCG · 2021 · market_landscape
Many large economies expected to continue recovery and reach 2019 GDP levels between 2021 and 2022
100 — GDP Index (2019=100)
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