Despite inflation and conflict that characterize the international geopolitical panorama, 72% of Portuguese CEOs are confident in the growth of the national economy in the next three years.
According to the KPMG CEO Outlook 2023, managers are not only optimistic about the economic context, but 90% believe that their organizations will perform positively during that period. Across borders, 78% of leaders are also betting on the growth of their economies and 77% are confident about the future of their companies.
After surveying more than 1,300 international leaders between August and September, including 50 Portuguese, the survey also highlights that in the economic field, 40% of national executive presidents predict that their companies will grow between 2.5% and 4.99% in the next three years % will grow. % per year.
This is a more optimistic perspective compared to what is expected internationally: 47% of international managers expect more modest growth, ranging between 0.01% and 2.49%. Despite the optimism, more than half of national managers (56%) believe that a tightening of monetary policy could lead to an extension of a possible recession.
When it comes to risks, 28% of Portuguese identified emerging technologies as “the biggest threat” to their business, followed by operational risks (22%) and possible breaks in supply chains (16%). In the global analysis, geopolitical uncertainty was highlighted by global CEOs as the top risk, a factor that was not even included in the top 5 threats last year.
In the Portuguese case, not only new technologies are highlighted, but also possible risks, such as generative artificial intelligence (AI) which, for example, is not a priority investment for 84% of national leaders.
In fact, the perspectives regarding AI represent one of the great contrasts between national and international realities, with the majority of Portuguese CEOs not considering this technology as a priority, while globally 69% of respondents consider it a key factor.
At trend level, the ESG criteria (acronym for Environmental, social and governance) are at the top of Portuguese managers’ priority lists, with 80% indicating they are willing to take a critical look at these issues. In addition to preparation, which only 32% of global leaders say they have done, half of national CEOs expect a return on their ESG investment within a five- to seven-year period.
Dinheiro Vivo journalist
Source: DN
