What Are The Major Concerns of Company Chairmen and CEOs?
Companies / Corporate News Feb 22, 2012 - 06:46 AM GMTAt our most recent “Global Dynamics Roundtable” distinguished Chairmen and CEOs of key strategic organisations belonging to The ATCA 5000 expressed eight major concerns:
1. Fuel Price Risk -- Price of oil could rocket to USD 150 per barrel or higher causing global demand to crash, derailing the nascent world economic recovery;
2. Iran Conflict -- Potential for accidental confrontation and broadening geo-political and geo-strategic risk across the Middle East as Shia-Sunni rivalries escalate;
3. Energy Security -- If export of oil is restricted from the Persian Gulf region this could have a devastating impact on global economic growth, food distribution and supply;
4. Eurozone Suicide Pact -- Massive and deep recession because of synchronised austerity measures and simultaneous budgetary cuts across Eurozone nations;
5. Emerging Markets Slowdown -- Weakening performance across China, India and Brazil amongst other so called dynamic engines of growth;
6. Championing of Monetary Stimulus over Fiscal Stimulus -- Continued reliance on monetary policy by creating new money whilst neglecting pro-growth fiscal policy;
7. Unrealistic Growth Assumptions underpinning Budget Forecasts -- Including peaking of US growth and below trend-line growth in major economies; and
8. Changing US Political Backdrop -- Republican Party's self-immolation now favours incumbent presidential win.
These eight major uncertainties are having significant influence on high-level decision making within corporate, financial, government and NGO entities. General concern was also expressed in regard to a crisis of leadership that is unable to resolve these interlocking complex global challenges satisfactorily.
What are your thoughts, observations and views? We are hosting an Expert roundtable on this issue at ATCA 24/7 on Yammer.
By DK Matai
Asymmetric Threats Contingency Alliance (ATCA) & The Philanthropia
We welcome your participation in this Socratic dialogue. Please access by clicking here.
ATCA: The Asymmetric Threats Contingency Alliance is a philanthropic expert initiative founded in 2001 to resolve complex global challenges through collective Socratic dialogue and joint executive action to build a wisdom based global economy. Adhering to the doctrine of non-violence, ATCA addresses asymmetric threats and social opportunities arising from climate chaos and the environment; radical poverty and microfinance; geo-politics and energy; organised crime & extremism; advanced technologies -- bio, info, nano, robo & AI; demographic skews and resource shortages; pandemics; financial systems and systemic risk; as well as transhumanism and ethics. Present membership of ATCA is by invitation only and has over 5,000 distinguished members from over 120 countries: including 1,000 Parliamentarians; 1,500 Chairmen and CEOs of corporations; 1,000 Heads of NGOs; 750 Directors at Academic Centres of Excellence; 500 Inventors and Original thinkers; as well as 250 Editors-in-Chief of major media.
The Philanthropia, founded in 2005, brings together over 1,000 leading individual and private philanthropists, family offices, foundations, private banks, non-governmental organisations and specialist advisors to address complex global challenges such as countering climate chaos, reducing radical poverty and developing global leadership for the younger generation through the appliance of science and technology, leveraging acumen and finance, as well as encouraging collaboration with a strong commitment to ethics. Philanthropia emphasises multi-faith spiritual values: introspection, healthy living and ecology. Philanthropia Targets: Countering climate chaos and carbon neutrality; Eliminating radical poverty -- through micro-credit schemes, empowerment of women and more responsible capitalism; Leadership for the Younger Generation; and Corporate and social responsibility.
© 2012 Copyright DK Matai - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.
© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.