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A survey shows that global chief executives have ranked the increasing complexity of the global economy as the top challenge facing businesses this decade, according to a Straits Times report Friday.

This complexity stems from worldwide trends such as shifting consumer demands as emerging markets gain economic power, and great government involvement and regulation, the report outline the CEO’s as saying.

This increasingly interconnected world has resulted in a new economic environment that is more volatile and risky, and less predictable, the report said.

Almost eight in ten CEOs interviewed expect their businesses to get more complicated over the next five years, but 49% felt their organizations were prepared for it, the latest IBM 2010 Global CEO study found.

Creativity was singled out as the top leadership quality CEO’s thought would help overcome the challenges. This was followed by integrity and global thinking.

An IBM spokesman said that both the information explosion and rise of social media are also posing new challenges to businesses which CEO’s have to struggle with

The survey, done every 2 yrs, involved face-to-face interviews with 1,541 senior management leaders in the private and public sectors across 60 countries, economies and 33 industries.

Shayne Heffernan

Shayne Heffernan oversees the management of funds for institutions and high net worth individuals.

Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services. www.livetradingnews.com

Find out more about HCM Managed Funds

For More Information Contact

Linda Johnson,
Business Development Director – Private Client Group,
Heffernan Capital Management
Sales@Heffcap.com

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Managed Trading Account with Integrity and Stability

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Lower the Exposure of Your Portfolio to the Risks of the Global Marketplace.

Did you know? Major banks around the globe are weighing heavier on relatively shorter term trading speculation than the traditional lending-borrowing business.

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Global Portfolio and World Events

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