The U.S. health in the coming years looks strong based on what CEOs believe.

The U.S. economy is amid an uncertain recovery; CEOs are identifying a growth plan for the year ahead powered, at least in part, by new capabilities and opportunities. According to a new survey conducted in October, forty percent of CEOs say revenues have either already recovered or never dropped, and an additional 24% expect a rebound to pre-pandemic levels by June 2021.

“Love the whole world as a mother lovers her only child.”

 Buddha

The survey, conducted in October and featuring the views of 125 CEOs representing more than 15 industries, also found that 50% of CEOs say their employee headcount levels have either recovered or never declined in the first place. Seventy-four percent of respondents say the crisis has created significant new opportunities for their business, and 58% cite an improved outlook for productivity in the medium and long term.

“The historical data and correlations that leaders have relied upon to drive strategic business decisions are proving far less useful in these unprecedented circumstances.” As a result, planning for a range of scenarios and adjusting quickly to the facts on the ground have proven to be very advantageous. Although these large companies are known as slow in making changes, in a global crisis, they moved fast and found how they could.

CEO optimism may be rising by the growing momentum around digital transformation catalyzed by the pandemic. Eighty-five percent of CEOs agree that the pandemic has significantly accelerated digital transformation, up from 77% in June 2020. In many other areas, the pandemic acted as a forcing mechanism to initiate and accelerate change that might have otherwise been slow to happen.  Now everyone has been thrown into a kind of experiment around digital programs. “CEOs are eagerly looking to discover what new advantages and opportunities there are to be gained.”  Financial analytics software has seen tremendous growth and adoption during these times.

Companies across the globe were challenged like never before in the last 100 years. They have proven that when in need, for survival in a healthy manner, the ability to act and change comes down to desire and need.

To read my article in the North American Clean Energy for March/April issue go to the following link. You will find the article on page 14: North American Clean Energy March/April 2021 Issue by North American Clean Energy – Issuu

If you want a video look at the expected growth of 2019/2020 based on an interview in SPI 2019 go to this link: https://www.bing.com/videos/search?q=solar+growth+in+2020&docid=608000596298760550&mid=C1231B15B34081B9C03DC1231B15B34081B9C03D&view=detail&FORM=VIRE

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