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CEO pessimism
Filed in archive strategy by leon on January 30, 2009
CEO pessimism


Chief executive officers are a glum lot. According to the latest PricewaterhouseCoopers survey, most CEOs around the world are expecting a long and hard recovery. The survey found that only 15% of CEOs in North America and 15% in Western Europe were confident about their growth prospects for the next 12 months. Not much more in Central and Eastern Europe (21%) Asia Pacific (31%) and Latin America (21%).

Clearly, all signs suggest we could be in for a long hard haul. Still, economic history tells us that market come a lot faster than anyone expects.


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