COUNTRY FOCUS
Strategic Direction
76 percent of UAE
CEOs surveyed -
compared to 41
percent of global
CEOs - expect their
organizations to
be significantly
different in three
years.
22 percent
of UAE CEOs
surveyed see a
stronger client
focus as a top
three strategic
priority.
Streamlining
internal processes
is seen by 20
percent of
surveyed CEOs
as a key strategic
execution
accelerator.
Developing now
products was
selected as a top
investment area
over the next
three years of
13 percent of
surveyed CEOs.
Growth
91 percent of UAE
CEOs surveyed -
compared to 89
percent of global
CEOs - expect their
organizations to
grow over the three
years.
59 percent of UAE
CEOs surveyed see
organic growth
as the most likely
source of increasing
economic success. 65 percent of
UAE CEOs indicate
revenue has
increased over the
last three financial
years.
An overwhelming
two-thirds of
UAE CEOs belived
they were taking
approximately the
right amount of
risk to achieve their
growth strategies. 88 percent of UAE
CEOs surveyed
believe that a
persistantly low oil
price could have
strong implications
for the UAE
economy.
Risk
UAE CEOs surveyed
cited regulatory
risk, talent risks and
reputational risk as
the most significant
threats to sustained
economic success.
security and innovation.
UAE CEOs tend to feel that they are
taking about the right amount of risk
in pursuit of their growth strategy.
With some of the UAE CEOs
interviewed, this reflects a tension
between the board and executive
management, with the board often
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taking a more conservative, risk-
averse view.
UAE CEOs strongly agreed, by a
factor of more than two that their
organisation would be placing a
stronger focus on core competencies.
However, they were evenly split when
asked about plans to divest non-core
competencies, or placing a stronger
focus on growing complementary
competencies. Most CEOs believed
that it was most unlikely that their
organisation would significantly
change focus over the next three
years, perhaps a sign of how short
a period three years can be in the
lifetime of a company.
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