What kept CEO’s awake at night in 2023
CEOs faced a multitude of challenges as they embarked on the new year. The CEO Excellence survey conducted by McKinsey in early 2023 shed light on the top concerns that kept these leaders up at night: disruptive digital technologies, the economy, and geopolitics. It comes as no surprise that these issues took center stage, given the prominence of generative AI, the ongoing war in Ukraine, and the prevailing economic uncertainty. To tackle these hurdles head-on, CEOs devised strategies such as advancing AI #technologies, fortifying supplier networks to ensure resilience, and implementing cost-cutting measures. Additionally, these leaders recognized the importance of addressing talent #management, redefining work practices, and taking action against climate change.