Global business leaders' confidence is down more than 20 percent year over year, with the biggest drop in confidence recorded among CEOs in the U.S., according to an analysis from Worldcom Public Relations Group.
The analysis used an artificial intelligence tool to examine the social media engagement of more than 58,000 business leaders around the world, and then gauge whether that engagement indicated confidence or concern related to various business topics.
Five key findings on U.S. business leaders:
1. U.S. CEO confidence dropped the most — 51 percent — of any country's business leaders from 2018-19.
2. In particular, U.S. business leaders have below-average confidence in attracting and retaining talent, upskilling and reskilling the workforce, economic migration, crisis management, the impact of sexual harassment, and brand reputation. Many of the workforce-related concerns were felt by business leaders across the globe.
3. U.S. leaders were also concerned about global trade agreements and tariffs, with confidence slightly below their Chinese counterparts.
4. U.S. business leaders were also below average in their confidence related to larger societal issues like global warming, extreme weather, global instability and the threat of war.
5. The results indicate business leaders in the U.S. have above-average confidence in data privacy and protection, and that they have low concern about cybercrime.
Learn more about the report here.
More articles on leadership and management:
20 healthcare leaders respond to the sudden death of Kaiser CEO Bernard Tyson
Michigan Medicine conducts internal #MedToo survey: 'We have work to do'
First time post-scandal, U of Maryland Medical System board discloses potential conflicts of interest