Colleagues,
McKinsey & Co. just released their most recent global executive survey. The topic of the survey was assessing senior managers' perceptions of the impact of societal issues. The McKinsey Quarterly conducted the survey in September 2007 and received responses from 2,687 executives around the world-36 percent of them CEOs or other C-level executives. The data are weighted to reflect the proportional representation of segments in the total population.
Some of the key findings include:
- Executives expect that the environment will attract more public and political attention and affect shareholder value far more than any other societal issue; almost nine out of ten respondents say that they themselves worry about global warming. By contrast, in a survey conducted in December 2005, executives said that the most important sociopolitical issue was job losses from offshoring, with the environment and climate change in third place.
- When executives choose the three issues they expect to have the most impact, for better or worse, on shareholder value for companies in their industries, the environment remains at the top, selected by almost half of the respondents, up by 20 points from the previous survey.
The summary of the survey can be found at:
http://www.mckinseyquarterly.com/article_abstract.aspx?ar=2077&l2=21&l3=114&srid=17
Regards
Mark Sharfman
p.s. You have to register to read the article but it is free.
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Mark P. Sharfman, Ph.D.
Professor of Strategic Management
Division of Management
Price College of Business
307 W. Brooks - Rm. 206A
University of Oklahoma
Norman, OK 73019-0450 USA
+405.325.5689 (voice)
+405.325.7688 (fax)
Msharfman@ou.edu
http://faculty-staff.ou.edu/S/Mark.P.Sharfman-1/