Nearly 2,000 CEOs think their companies won't be able to make money in 10 years, survey says
Publishing timestamp: 2023-02-04 08:30:01
Summary
Nearly 2000 CEOs recently polled by PwC say their company won't be "economically viable" within next decade without changing its current path. American CEOs were most optimistic about their long-term business models, while business leaders in Japan and China were least optimistic. Philips split into two companies to make a shift happen, shedding its lighting division off in initial public offering in 2016. The surveyed CEOs said they want to make bold decisions but aren't currently prioritizing them.
Sentiment: NEUTRAL
Tickers: PHG,
Keywords: leadership, koninklijke philips nv, entrepreneurship,