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CEOs Confidence in Economic Recovery Soars
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| Pictured at the CEO Forum 2013 are L-R: Julie Sinnamon, CEO Enterprise Ireland, An Taoiseach Enda Kenny and Brendan Jennings, Managing Partner, Deloitte. |
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A major boost in business confidence has Irish CEOs projecting a far brighter outlook for 2014. This was signalled by the results of a new survey undertaken by Enterprise Ireland and Deloitte in advance of the CEO Forum which found that more than 9 out of 10 (93%) of Irish CEOs surveyed felt more confident in the performance of their business this year than at the same time last year.
There was a similarly strong belief amongst respondents (97%) that Irish businesses, supported by Government policy, can collectively outperform nations of a similar scale in the global economy. The survey was carried out on 420 CEOs registered to attend this year’s Ceo Forum which was held in Dublin Castle on November 21st. The survey looked at a number of areas which are relevant to the theme of this year’s forum - “Innovation and Success in the New Global Economy”.
Key findings from the survey were discussed at the forum, which lead to a lively discussion on the future of Ireland’s economic fortunes and the key drivers that Ireland’s best-in-business believe will get us to where we want to be. A similar survey was conducted in advance of last year’s CEO Forum and found that just 21% of business leaders believed that Ireland would return to consistent strong GDP growth in 2013. That number has now tripled to 69% when looking ahead to 2014.
Julie Sinnamon, Chief Executive Officer, Enterprise Ireland commented, “The strong belief shown by Irish CEOs in our ability to compete on an international stage ties in with the feedback we’re getting directly from Irish exporters. There’s a real sense that the collective effort between Government agencies and Irish businesses is producing the desired results and will ensure that Ireland continues to outperform other nations of a similar scale in the global economy.”
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