Modern CEOs are confronted with a rapidly evolving business landscape, and several key factors contribute to the need for a reset in strategic thinking.
According to the KPMG 2023 CEO Outlook Survey for Southern Africa, which was undertaken in partnership with Business Leadership South Africa (BLSA), although CEOs remain confident in the future of the global economy, their concerns around the impact of new technologies, geopolitics, and the rising threat of cybercrime has led to a shift in focus.
Technology and talent
Looking at the Southern African region, CEOs view policy uncertainty, alongside regulatory risk and emerging disruptive technologies as the top three risks to their organisation’s growth over the next three years.
While technologies like Generative Artificial Intelligence (GenAI) are seen as a key 
investment priority, there remain numerous challenges, including both ethical considerations and the increasing fears around cybercrime. These CEOs understand that any investment here needs to be strategic – encapsulating a holistic view of what the technology offers, as well as the potential risks it holds, and how these can be mitigated.
Some 33% of Southern African CEOs indicate that their main challenge lies in securing the requisite GenAI technical capability and skills, while more than half (55%) worry that…
Ignatius Sehoole | CEO | KPMG Southern Africa | Chairman | KPMG Africa | mail me |
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Read the full article by Ignatius Sehoole, CEO KPMG Southern Africa, Chairman KPMG Africa, as well as a host of other topical management articles written by professionals, consultants and academics in the December/January 2023/4 edition of BusinessBrief.
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