More than 9 in 10 U.S. manufacturing CEOs are confident their companies are keeping pace with technology disruption and innovation, according to the 2018 KPMG Global Manufacturing Outlook. Conversely, only 2/3 of global manufacturing CEOs express that same level of confidence in their innovation journeys, and 34% admit they are struggling to keep pace.
When asked what the greatest risk was facing their organizations' growth, U.S CEOs most frequently cited operational risks (63%), while global CEOs most frequently cited a return to territorialism (i.e. U.S renegotiating NAFTA, U.K. leaving EU) (55%). Cyber security concerns ranked highly for both U.S. and global CEOs at 47% and 37% respectively.