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The priorities of today’s business leaders are gradually shifting, a recent survey by Gartner has discovered, due to the need to meet rising growth challenges.
In its annual Gartner 2019 CEO and Senior Business Executive Survey of 473 CEO and senior business executives, the firm discovered that a vast number of CEOs consider financial priorities important, especially profitability improvement.
Results discovered that when CEOs felt growth was challenged, a popular solution was to look in other geographic locations for growth. Responses mentioned other cities, states, countries and regions, as well as new markets that would include some geographic reach.
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“After a significant fall last year, mentions of growth increased this year to 53%, up from 40% in 2018,” said Mark Raskino, Vice President and Analyst at Gartner. “This suggests that CEOs have switched their focus back to tactical performance as clouds gather on the horizon.
