In a recent report by The Conference Board, C-Suite Outlook 2023: On the Edge, Driving Growth and Mitigating Risk Amid Extreme Volatility, CEOs and other senior executives expressed clear concern over the challenges faced by a global economic downturn, regional recessions, inflation, pandemic disruptions (particularly in Asia), geopolitical instability, supply chain issues, and ongoing talent shortages.
To tackle these challenges, they plan to implement digital transformations and innovative business models and to prioritize talent acquisition and retention while minimizing costs.
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