According to The Conference Board's most recent survey of 769 global CEOs, execution is taking precedence over profit and top-line growth as a focus for CEOs around the world.
The survey of 769 global CEOs from 40 countries is from The Conference Board report, CEO Challenge 2007: Top 10 Challenges.
When asked to rate their greatest concerns from among 121 different challenges, chief executives participating in this year's survey chose excellence of execution as their top challenge and keeping consistent execution of strategy by top management as their third greatest concern. Sustained and steady top-line growth, which led the pack last year, now ranks second, with profit growth fourth, and finding qualified managerial talent fifth.
Read the entire summary of this new study here.
BOTTOMLINE: This study validates our major premise here at Six Disciplines. Execution IS the most commonly mentioned challenge by CEOs - regardless of size of company or type of industry. In fact, Six Disciplines founder and CEO Gary Harpst's next book named "Execution Revolution" is all about the challenge of execution, and how small and mid-sized businesses will be able to harness and leverage the advances of the past two decades to leapfrog past much larger organizations to deal more effectively with this never ending challenge.
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