Disruption in the C-Suite: Four 2022 Priorities
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In Q4 2021, CEO economic outlook rose to its highest level in 20 years, with increased sales and capital spending expectations.1 Despite this positive perspective, four nagging concerns remain.
- Mitigating Rising Inflation
At seven percent, inflation is the highest it’s been in 31 years.2 Seventy-seven percent of U.S. executives are worried about the impact to their businesses.3
- Hiring Skilled Workers
The labor shortage is stressful to business leaders. So much so that 73% say it will disrupt their business in the next 12 months.4 But CEOs aren’t just concerned about hiring. With so many business challenges, 72% are afraid they’ll lose their jobs.5
- Tackling the COVID-19 Crisis
Though vaccines and treatments are available, the pandemic continues to rage. Emerging variants are of great concern to 70% of executives, as they grapple with the risks to the economy, the workplace, and staff.6
- Managing Supply Chain Woes
The COVID-19 pandemic upended supply chains. In 2021, businesses of all types – from automotive, to builders, to retailers – struggled to get much-needed supplies and inventory. Supply chain management is costing businesses 15% more than before the outbreak7 and 69% of CEOs are worried about ongoing bottlenecks.8
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