CEOs Weigh In on Future of the Tech Sector

By Dennis McCafferty

Tech-sector CEOs express confidence in the future of the global economy—and are aiming to boost staffing and strategic partnership/M&A initiatives as a result, according to a recent survey from PwC. The accompanying “Global CEO Survey” represents the 17th year that PwC provides an in-depth look at how global corporate leaders view the state of the business climate, technology trends, personnel needs and other influential growth factors. Ultimately, tech-sector CEOs remain bullish about revenue growth now and in the future and are focusing less on budget cutting and more on customer expansion and programs to improve their in-house talent pool. They may feel compelled by the rapid pace of competitive shifts occurring within the global marketplace. “Demands being placed on business leaders to adapt to the changing environment are increasing exponentially,” the report states. “CEOs are having to become hybrid leaders who can successfully run the business of today (while) creating the business of tomorrow.” Here are key findings from the PwC study.

This article was originally published on 2014-03-21
Dennis McCafferty is a freelance writer for Baseline Magazine.