While "excellence of execution" remained as the top challenge for the second year in a row, nearly half of the executives said they were now most concerned about speed, flexibility and adaptability to change.
Top Five CEO Challenges Due to Financial Crisis
- Excellence in execution
- Consistent execution of strategy by top management
- Speed, flexibility, adaptability to change
- Global economic performance
- Financial risk, including liquidity, volatility, and credit risk
According to the report: "business leaders across the globe are focusing more urgently on execution and immediate bottom-line issues, and leaving the people management systems built up during the tight labor market of the past five years to operate how they are intended."