Middle East CEOs prioritize leadership challenges amidst growth forecast - News Summed Up

Middle East CEOs prioritize leadership challenges amidst growth forecast


Middle East leaders are expressing heightened concern over leadership attraction, development, retention, and succession compared to their global counterparts, according to the 2024 Heidrick & Struggles Middle East CEO and Board Survey. Despite the World Bank’s forecast of 2.7% economic growth for the Middle East and North Africa in 2024, regional leaders are primarily focused on economic (56%) and geopolitical (56%) uncertainties. However, a key differentiator for Middle East leaders lies in their emphasis on leadership issues. “In 2024, Middle East organizations face an increasingly complex external business environment, and regional intricacies that demand a localized approach,” said Richard Guest, partner in charge of Heidrick & Struggles’ Middle East and North Africa. Markus Wiesner, regional managing partner of Heidrick Consulting, emphasized the importance of culture and strategic planning in leadership development.


Source: Daily News Egypt May 14, 2024 09:38 UTC



Loading...
Loading...
  

Loading...