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.
United States
Western Europe
Central Europe
India
China
Eastern Europe
Middle East
Australia
North Africa
South America
66%
47%
45%
40%
35%
34%
32%
26%
23%
23%
RISKS AND OPPORTUNITIES
GROWTH PLANS
PORTFOLIO PRIORITIES
By mid-2018, CEOs are looking to expand their portfolio investments
in projects delivering:
say they are not
fully ready for a
cyberattack.
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
company today.
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
geographic expansion.
34% expanded
facilities
34% business
model transformation
29% Internet of
Things technologies
44% 58% 17%
