She continued: “Organizations should take a hard pause to ask themselves: Is the culture we had – and, perhaps, want to preserve – the right culture for this new environment?”
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U.S. CEOs ranked vaccine distribution as the No. 2 issue that will likely impact business in 2021, while Chinese CEOs ranked it as No. 9. Recession risk was the No. 1 external concern for CEOs in China.
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“While CEOs continue to fret about a possible downturn, 2021 is poised to be the light at the end of the pandemic tunnel. In most regions – especially the United States – CEOs believe the distribution of a successful vaccine will have a significant impact on their businesses this year,” The Conference Board Chief Economist Dana Peterson said in a statement.