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African , global CEOs being crushed by uncertainty , AI challenges , cybersecurity
Any decision that makes its way to the CEO is one that involves high degrees of uncertainty , nuance , or outsize impact . If it was simple , someone else , or something else would do it . As the world grows more complex , so does the nature of the decisions landing on a CEO ’ s desk .
Source : Global C-suite Series 28th Edition The CEO Study by IBM Institute for Business Value
It used to be easier . CEOs relied on primarily financial results and operational reports , combined with intuition and experience , to make decisions about the next best move for their organisation . That is not enough anymore .
Ask CEOs about their most challenging issues now and top-of-list items move far beyond financials into complex issues that require a host of inputs , AI ; sustainability ; cybersecurity ; diversity , equity , and inclusion ; stakeholder management . CEOs tell us it is almost crushing .
The IBM Institute for Business Value , in cooperation with Oxford Economics , interviewed 3,000 CEOs from 30 + countries and 24 industries as part of the 28th edition of the IBM C-suite Study series . These conversations , completed from February through April 2023 , focused on executives ’ perspectives on leadership and business .
The biggest feature of turbulent times is the increase in uncertainty . A large part of growth comes from dealing with that uncertainty . The decision-making burden on CEOs has always been heavy . Broader digital accessibility and new tech tools have unleashed a wave of innovation , forcing leaders to make decisions and act more quickly than ever to stay ahead of the tide .
An explosion of real-time data supplements traditional financial and operational metrics and provides an everbroadening array of information . While often useful and
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