1、Leading through uncertainty in the age of AIPwCs 29th Global CEO Survey01 The opportunity horizon 0502 Confidencedown,threatsup1103 Theroadtoreinvention1404 Dynamismordenial?2105 Surveymethodologyandnotes23Contents3PwCPwCs 29th Global CEO SurveyIts often said that successful leaders need both a micr

2、oscope and a telescope to help them identify near-term threats while spotting long-term opportunities.This tension across time horizons is a recurring theme in PwCs 29th Global CEO Survey,based on responses from 4,454 chief executives across 95 countries and territories.Intheyearahead,CEOsseeaworldb

3、esetbychallenges.Theyvegrownsignificantlylessconfidentabouttheshort-termgrowthoutlookfortheircompaniesandmoreworriedaboutarangeofthreats,includingmacroeconomicvolatility,cyberrisk,andgeopoliticalconflict.Atthesametime,theyrefocusingonmultiyearopportunitiestoreinventthebusiness.CEOsareforgingaheadwit

4、hinvestmentinAIeventhoughimmediatereturnsareoftenelusive.Theyreprioritisinginnovation.Andmanyareenteringnewsectorsastheyleanintoareconfiguration of industriesthatsreshapingtheglobaleconomy.Importantly,CEOsmovingfastonthesedimensionsofreinventionareoutperformingtheirpeers.Amongthekeyfindingsfromthisy

5、earssurvey:MostCEOssaytheircompaniesarentyetseeingafinancialreturnfrominvestmentsinAI.Althoughclosetoathird(30%)reportincreasedrevenuefromAIinthelast12monthsandaquarter(26%)areseeinglowercosts,morethanhalf(56%)saytheyverealisedneitherrevenuenorcostbenefits.CEOsareseekinggrowthopportunitiesoutsideoft

6、heirsectors.Morethan40%saytheircompanieshavestartedtocompeteinnewsectorsinthelastfiveyears.Amongthoseplanninglargeacquisitionsoverthenextthreeyears,fourintenexpecttododealsinothersectorsorindustries.Comparedtolastyear,CEOsarelessconfidentabouttheircompanysnear-termrevenuegrowthprospects.Only30%areve