A massive 62% of CEOs selected growth as their top business priority in 2024, according to a new survey by Gartner. This is the highest level since 2014, and an increase from last year’s survey where 49% of CEOs said their top business priority was growth.
The 2024 Gartner CEO and Senior Business Executive Survey was conducted from July through December 2023 among 416 CEOs and other senior business executives in North America, Europe, Asia/Pacific, Latin America, the Middle East and South Africa, across different industries, revenue and company sizes. The survey found that CEOs are entertaining a growth mindset in their current environment.
“‘AI’ is displacing ‘digital’ as the keyword CEOs mention the most, due in no small part to generative AI ,” says Don Scheibenreif, distinguished vice-president analyst at Gartner. “The majority of CEOs surveyed believe that the AI breakthroughs of 2023 justified the tech sector hype. They are relying on CIOs, CTOs or CDOs to unlock the value of GenAI, showing that this is a team effort when approaching these projects and not just a top-down experience.
However, CEOs are not approaching AI with an entirely positive outlook. Fifty-six percent of CEOs said disinformation, misinformation and deep fakes will create operating problems. Twenty-nine percent see constrained electricity supply and 53% see general supply chain issues as a problem, in large part due to GenAI and the demand the technology creates.
Source: News Formal (newsformal.com)
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