Thursday, November 03, 2005
Tweet[IWS] Conference Board: CEO Top 10 CHALLENGES 2006 [2 November 2005]
IWS Documented News Service
_______________________________
Institute for Workplace Studies Professor Samuel B. Bacharach
School of Industrial & Labor Relations Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor Stuart Basefsky
New York, NY 10016 Director, IWS News Bureau
________________________________________________________________________
Conference Board
To get the report, go to-
CEO Challenge 2006: Top 10 Challenges
http://www.conference-board.org/publications/describe.cfm?id=1049
THIS REPORT by The Conference Board provides an overview of the "Top 10 Challenges" cited by 658 CEO respondents to this year's CEO Challenge 2006 Survey, with attention to points of convergence and departure across region, industry, and company size. AND MOIRE....
Press Release--
Healthcare a Top Concern for U.S CEOs; But Only an Afterthought for CEOs in Asia
Nov. 2, 2005
http://www.conference-board.org/utilities/pressDetail.cfm?press_ID=2752
or
CEOs in the U.S. are expressing major concerns about the rising cost of employee healthcare, an issue that has low priority for CEOs in Europe and Asia, according to a global survey of chief executives released today by The Conference Board.
The survey of 658 global CEOs from 40 countries is from The Conference Board report, CEO Challenge 2006: Top 10 Challenges.
Healthcare costs rank seventh on the list of U.S. CEOs top 10 challenges, but only 52nd globally. The top worry for CEOs worldwide is sustained and steady top-line growth, with 37.5% of those surveyed naming it their top challenge.
Corporate America clearly feels the healthcare pinch, says Richard E. Cavanagh, President and CEO of The Conference Board. As in the past, CEOs outside the U.S. dont view healthcare as a competitive challenge.
The annual CEO Challenge Top 10 report from The Conference Board details specific challenges that CEOs face across regions, as well as by the companys size, industry, and level of success all factors affecting the concerns of CEOs.
CEOs in Asia rank profit growth as their top concern (42.2%), followed closely by sustained and steady top-line growth (41.3%); speed, flexibility, and adaptability to change (41.3%); customer loyalty/retention (35.6%); speed to market (33.3%); and corporate reputation (33.3%).
CEOs based in Europe are most concerned with speed, flexibility, and adaptability to change (39.4%); followed by profit growth (38.4%); and sustained and steady top-line growth (37.0%).
In the U.S., the top four challenges are sustained and steady top-line growth (39.4%); consistent execution of strategy by top management (38.4%); customer loyalty/retention (37.0%); and profit growth (27.2%).
AND MORE...
Among the surveys other key findings:
* While product innovation is sixth in the Top 10 rankings of CEOs in both Europe and the U.S., it is only 25th among CEOs in Asia.
* Sustained and steady top-line growth and consistent execution of strategy by top management were the top concerns of CEOs across all sizes of business.
* Among the higher ranked challenges of CEOs of companies with more than $5 billion in worldwide sales are stimulating innovation/creativity/enabling entrepreneurship, and speed, flexibility, adaptability to change.
AND MORE....
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky *
Director, IWS News Bureau *
Institute for Workplace Studies *
Cornell/ILR School *
16 E. 34th Street, 4th Floor *
New York, NY 10016 *
*
Telephone: (607) 255-2703 *
Fax: (607) 255-9641 *
E-mail: smb6@cornell.edu *
****************************************
_______________________________
Institute for Workplace Studies
School of Industrial & Labor Relations
Cornell University
16 East 34th Street, 4th floor
New York, NY 10016
________________________________________________________________________
Conference Board
To get the report, go to-
CEO Challenge 2006: Top 10 Challenges
http://www.conference-board.org/publications/describe.cfm?id=1049
THIS REPORT by The Conference Board provides an overview of the "Top 10 Challenges" cited by 658 CEO respondents to this year's CEO Challenge 2006 Survey, with attention to points of convergence and departure across region, industry, and company size. AND MOIRE....
Press Release--
Healthcare a Top Concern for U.S CEOs; But Only an Afterthought for CEOs in Asia
Nov. 2, 2005
http://www.conference-board.org/utilities/pressDetail.cfm?press_ID=2752
or
CEOs in the U.S. are expressing major concerns about the rising cost of employee healthcare, an issue that has low priority for CEOs in Europe and Asia, according to a global survey of chief executives released today by The Conference Board.
The survey of 658 global CEOs from 40 countries is from The Conference Board report, CEO Challenge 2006: Top 10 Challenges.
Healthcare costs rank seventh on the list of U.S. CEOs top 10 challenges, but only 52nd globally. The top worry for CEOs worldwide is sustained and steady top-line growth, with 37.5% of those surveyed naming it their top challenge.
Corporate America clearly feels the healthcare pinch, says Richard E. Cavanagh, President and CEO of The Conference Board. As in the past, CEOs outside the U.S. dont view healthcare as a competitive challenge.
The annual CEO Challenge Top 10 report from The Conference Board details specific challenges that CEOs face across regions, as well as by the companys size, industry, and level of success all factors affecting the concerns of CEOs.
CEOs in Asia rank profit growth as their top concern (42.2%), followed closely by sustained and steady top-line growth (41.3%); speed, flexibility, and adaptability to change (41.3%); customer loyalty/retention (35.6%); speed to market (33.3%); and corporate reputation (33.3%).
CEOs based in Europe are most concerned with speed, flexibility, and adaptability to change (39.4%); followed by profit growth (38.4%); and sustained and steady top-line growth (37.0%).
In the U.S., the top four challenges are sustained and steady top-line growth (39.4%); consistent execution of strategy by top management (38.4%); customer loyalty/retention (37.0%); and profit growth (27.2%).
AND MORE...
Among the surveys other key findings:
* While product innovation is sixth in the Top 10 rankings of CEOs in both Europe and the U.S., it is only 25th among CEOs in Asia.
* Sustained and steady top-line growth and consistent execution of strategy by top management were the top concerns of CEOs across all sizes of business.
* Among the higher ranked challenges of CEOs of companies with more than $5 billion in worldwide sales are stimulating innovation/creativity/enabling entrepreneurship, and speed, flexibility, adaptability to change.
AND MORE....
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 8:34 AM
