Our latest CEO Confidence Tracker 2024 suggests some green shoots of optimism are in sight…but we’re not out of the woods yet.
One CEO working in the media and comms sector said – “The uncertainty continues, which is leading to clients holding back confirming projects, everything is last minute, which means resourcing is challenging.”
Another CEO from the education sector spoke without a hint of a furroughed brow – “We have countered the effects of the shrinking economy, high inflation, challenging recruitment market and complex operating context by undertaking a significant merger and acquisition. This in effects insulates us for around 4 years against poor UK market and economic conditions. Our board are of the view that by that stage a new government will likely be starting to lay stronger foundations for UK organisations to operate in and with better leadership capability and capacity to build upon those foundations.”
And their voice echoed with the positivity from this CEO leading a household brand in the FMCG market – “Much more consistency and predictability about the consumer market & input costs. Consumer / shopper discretionary income remains challenged but demand is holding up for great value products. Improved confidence in margin recovery is increasing the investment for growth & innovation support.”
Finally, this CEO at the coalface of the charity sector was buoyant – “Last quarter’s results are very promising, we’ve been able to factor in additional resources and head count to drive growth and it feels as thought we may have finally started to put the impact of the pandemic behind us.”