Deloitte Consulting, LLP’s business confidence report 2016 reveals, for the second year in a row, that America’s top leaders, chief executive officers (CXOs), and chief executives-in-waiting (CXOWs—those who are next in line to the C-suite) have a very high level of confidence despite global volatility.
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Results show 69% of CXOs and 56% of CXOWs feel very confident they will outperform the competition in the next year, compared to 66% of CXOs and 63% of CXOWs in 2014.
However, some doubts are emerging as executives, particularly those just outside the C-suite, struggle with how to transform their businesses and disrupt their industries in an unstable and increasingly competitive marketplace.
The report took the pulse of 600 of America’s top business leaders and examined their levels of confidence on key business issues. The report tracks how the confidence level of leaders shifts in relation to the priorities of innovation and technology, the need for bold leadership, and increasing pressure to find, develop, and retain the right talent.