A KPMG survey of 100 US CEOs indicates a significant shift towards accepting hybrid work models. Only 34% expect a full return to the office five days a week within three years, down from 62% in 2023. 46% anticipate hybrid arrangements for previously office-based roles, up from 34% last year.
The survey highlights widespread CEO interest in using generative AI to address staffing gaps (almost 70%). However, employee resistance remains a significant challenge for one in four CEOs. A positive development is that 81% of CEOs now plan to disclose AI's use in content, a substantial increase from 19% in 2023.
Despite optimism (87% confident in US economic growth, 78% confident in global growth and company prospects), the upcoming US presidential election is causing many CEOs (62%) to delay major investments until after November due to uncertainty about future regulations.
Other concerns include high interest rates, geopolitical instability, and inflation. Despite these concerns, roughly 70% of CEOs plan to increase hiring in the next year.