Exclusive Study – Leaders’ Concerns for 2023

As a partner in enhancing the performance of organizations and their leaders, the HR consulting and services group Grant Alexander shares the results of an exclusive study aimed at assessing the morale of leaders for 2023.

Concerns strongly linked to the economic and energy crisis context.

The war in Ukraine, and the resulting inflationary crisis, has notable consequences on leaders’ morale. Energy outlooks also contribute to general concern and are expected to have a direct impact on production processes.

More than eight out of ten leaders acknowledge being anxious about energy price developments in 2023 – with nearly half admitting being particularly worried (82%, including 41% strongly agree). In addition to energy issues, pure economic concerns are present: economic recession is also among the major concerns for six out of ten leaders (61%).

Leaders are well aware that the two crises at the end of 2022, energy and economic, will impact their companies and carry over into the 2023 fiscal year. For one in five leaders, these concerns even make them doubt the viability of their company for 2023 (18%).

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METHODOLOGICAL NOTE

The study “The State of Mind of Business Leaders”, conducted for Grant Alexander, explores and analyzes leaders’ mindset, challenges, and expectations for the start of 2023. This study was carried out with a sample of 403 company leaders from Codir/Comex positions (Chairman/CEO/Manager, HR Director…). All respondents work in private-sector companies with 50 employees or more.

The sample was constructed using the quota method, based on company size, sector of activity, and region. Leader interviews were conducted by telephone using the CATI system (Computer Assisted Telephone Interview) from November 4 to 28, 2022. Any total or partial publication must use the full mention: “OpinionWay survey for Grant Alexander”, and no excerpt of the survey can be separated from this title.

OpinionWay also reminds that the results of this survey should be read taking into account margins of uncertainty: 2.1 to 4.9 points maximum for a sample of 400 respondents. OpinionWay conducted this survey following the procedures and rules of ISO 20252.