Dubai, UAE - A new survey launched by Heidrick & Struggles today has found that Middle East leaders are more concerned about leadership attraction , development, and retention , as well as leadership succession and turnover, compared to their global peers. Thegathered insights from 112 chief executive officers ( CEOs ) and board members in the Middle East on their most pertinent concerns and challenges.According to the World Bank, the Middle East and North African economies are expected to grow by 2.7% in 2024 – up from 1.9% in 2023. Unsurprisingly, Middle East leaders cited economic (56%), as well as geopolitical (56%) uncertainty and volatility as the most significant issues facing their organisations in 2024. Their global peers share the same sentiments, with the global average sitting at 63% and 39% respectively.Where Middle East leaders feel most differently from their global counterparts, however, is in the issues relating to leadership. 29% of Middle East CEOs and board members surveyed report leadership attraction, development and retention as their biggest challenge (24% as the global average), while 22% see leadership succession and turnover as their chief concern (17% as the global average).

Source: The North Africa Journal May 14, 2024 00:37 UTC