205 industrial manufacturing CEOs in 53 countries were interviewed for PwC’s 19th Annual Global CEO Survey.
Industrial manufacturing companies are operating in a global, multipolar world. Worries about the global economy and geopolitical uncertainty are putting pressure on short-term confidence levels, but looking farther out, CEOs see a brighter picture. They are re-thinking risk and brand management and using technology to address the rapidly changing expectations of their stakeholders, with customers at the top of the list. Industrial manufacturing CEOs see the right talent as critical to delivering on their innovation ambitions, and they're looking to get better at measuring innovation and spreading the word about their purpose and the progress they've made on reducing their environmental impact.
Key industry findings:
Industrial manufacturing CEOs are concerned about politics, exchange rates; worries over skills and trust are increasing.
Industrial manufacturing CEOs see customers, competitors, and supply chain partners as key stakeholders.
Industrial manufacturers are changing risk and brand management and how they use technology to meet stakeholder expectations.
Industrial manufacturing CEOs are seeking to better measure innovation, key risks; communicate their purpose.