COVID-19 pandemic no longer top concern for CEOs – report

COVID-19 pandemic no longer top concern for CEOs – report

The coronavirus pandemic, which put global economies on hold last year, is no longer a top concern for CEOs, according to a new report by global consultancy AlixPartners. The firm, which polled 3,000 senior executives for its 2021 Disruption Index, said that business leaders are now more concerned about how other factors like competition, technology, artificial intelligence and regulation impact their company. Video: COVID-19 no longer a top concern for CEOSThe report did not specify how many CEOs deem COVID-19 impactful to their business, but it pointed out that executives are currently “grappling with multiple, concurrent forces”.  “Surprisingly, COVID-19 wasn't the top concern for most businesses. Despite the pandemic's immediate and pervasive dislocations, [other] numerous disruptors are viewed by executives globally as having higher magnitude and longer-term impact," Freakley added.The COVID-19 pandemic has brought unprecedented changes to businesses of all sizes around the world, with many forced to shut down, cut jobs and send their workers home. Governments, including those in the Middle East region, have rolled out economic stimulus programmes to help struggling companies ride out the effects of the pandemic. Disruptive forces, strategies AlixPartners' study examined the attitudes of business leaders toward the so-called “disruptive forces” that impact their company.  Among the “disruptive