Gartner has conducted important research on the leadership vision for CFOs, Boards, and CEOs in 2023. In this report, Gartner aims to address the following questions:
- What are the top corporate risks and senior leadership priorities?
- What is the path forward?
- What are CFOs’ top 5 priorities for 2023?
Their research has resulted in 20 risk areas:
- New Extreme Weather Events
- Climate Activism
- Critical Infrastructure Failure
- ESG Implementation Challenges
- Financial Planning Uncertainty
- Stagflation Expectations
- Overzealous Cost Cutting
- Key Material Shortages
- Wage-Price Spiral
- Currency Volatility
- Market Effects From Higher Borrowing Costs
- Personal Data Regulatory Fragmentation
- Cloud Concentration Risk
- Escalation of Conflict in Europe
- Evolving Sociopolitical Expectations
- Taiwan and Pacific Commerce Interference
- China Trade Tensions
- Decline in Employee Productivity
- Workforce Planning Uncertainty
- Increased Employee Leverage
This Gartner report goes a level beyond the CFO vision as it is titled by also offering priorities of boards for 2023.
The results of what boards are prioritizing include:
- Boards expect to increase their risk of appetite this year into the next
- Boards see a recession and economic uncertainty as their biggest challenges to growth
- Boards are beginning to agree we are living in a post-digital world, meaning digital is now baked in and no longer a strategy
Gartner does not leave the CEO sentiment out of this report. It includes the top CEO's strategic business priorities.
The CEO priorities identified by Gartner include:
- Growth
- Workforce Management
- Technology-related
- Corporate changes
- Financial Management
- Products and services
- Environmental Sustainability
- Cost Management
- Customer
- Inflation Management
- Innovation and R&D
- Supply Chain Improvement
Access the full report to read much more.
