Market crash | CEOs 'hopeful for the future'

Whilst the fallout from coronavirus is still having a massive impact on the world of work, a new survey conducted by YPO has discovered that optimism is rising swiftly amongst the CEO community.

The latest YPO Chief Executive COVID-19 Global Survey, conducted between May 27 and May 30, 2020, and drawing on 2,718 respondents, pointed towards an increase in optimism among chief executives when compared to the company’s April survey.

Yet, whilst leaders are no doubt feeling more hopeful about the future of their businesses, there is still much concern over the future, with 50% of respondents saying that the diminished demand for their products or services is the greatest obstacle to their business’s viability, followed by changes in consumer behaviour at 44% and operating restrictions from Government at 32%.

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Success | Why leaders must 'practice what they preach'

And whilst future stability is a concern, leaders cannot agree on the best way to proceed. Respondents were almost entirely split when it comes to the topic of the easing of restrictions and businesses reopening with 49% believing that the current method of alleviating restrictions is just right, 43% saying it is too slow and eight per cent believing it is too fast.