Finding the Way Forward
Despite precipitous drops in oil and gas prices since 2014, CEOs in the
energy sector are feeling fairly buoyant. A global survey of more than 1,250
CEOs finds many in an optimistic mood. From building new facilities to
integrating new technologies across the organization, they’re making strategic investments into the project portfolio to power the future.
Source: KPMG’s Global CEO Outlook—Energy Perspective, 2015
THE #1 STRATEGIC PRIORITY
Geographic expansion was the top strategic priority for CEOs, and the
United States was the top target for new market growth.
RISKS AND OPPORTUNITIES
By mid-2018, CEOs are looking to expand their portfolio investments
in projects delivering:
say they are not
fully ready for a
say their operating
model is going to be
transformed over the
next three years.
say a shortage of
talent has a big
impact on their
42% of energy-sector CEOs are more confident about the industry’s
growth prospects over the next two years than they were last year.
76% expect their head count to rise over the
next two years.
92% feel their organization is innovating fast enough to
ensure a competitive future.
52% plan to dedicate significant financial resources to
29% Internet of
44% 58% 17%