-- CEOs Aggressively Investing in Digital and Cyber and Supply Chain Resiliency
-- ESG and Addressing the Future of Work Are Top of Mind
NEW YORK, September 1 – Many U.S. CEOs plan to undertake mergers and acquisitions (M&A) over the next three years that will significantly impact their organizations, while also transforming their businesses to gain digital and ESG advantages and build cyber and supply chain resiliency, according to a new study released today by KPMG LLP, the U.S. audit, tax, and advisory firm.
“CEOs are striking the delicate balance of driving a growth strategy inclusive of M&A that is aligned with their ESG and digital strategies, while still leading their organizations through uncertainty caused by the ongoing COVID-19 pandemic,” said Paul Knopp, KPMG U.S. Chair and CEO. “These intersecting risks and opportunities provide CEOs the chance to uniquely lead and build trust with their key stakeholders in an environment where nearly all expect to grow.”
The 2021 KPMG CEO Outlook features insights from more than 1,300 CEOs at large companies globally, including 400 in the United States, on the key challenges and opportunities in driving business growth over the next three years. Key findings include:
Aggressive Digital Investment
Corporate Purpose and ESG
Future of Work
About KPMG’s CEO Outlook
The KPMG CEO Outlook provides an in-depth three-year outlook from thousands of global executives on enterprise and economic growth.
The report covers 1,325 CEOs in 11 key markets (Australia, Canada, China, France, Germany, India, Italy, Japan, Spain, U.K. and U.S.) and 11 key industry sectors (asset management, automotive, banking, consumer and retail, energy, infrastructure, insurance, life sciences, manufacturing, technology, and telecommunications).
A third of the companies surveyed have more than U.S.$10B in annual revenue, with no responses from companies under U.S.$500M. The survey was conducted between June 29 and August 6.
About KPMG LLP
KPMG LLP is the U.S. firm of the KPMG global organization of independent professional services firms providing audit, tax and advisory services. The KPMG global organization operates in 146 countries and territories and has close to 227,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.
KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity, and eradicating childhood illiteracy. Learn more at www.kpmg.com/us.