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Russell Reynolds Associates Identifies Talent Availability, Economic Volatility and Geopolitical Uncertainty as Top Threats Facing Global Executives

NEW YORK, June 8, 2022 /PRNewswire/ Leadership advisory firm Russell Reynolds Associates (RRA) released today its 2022 Global Leadership Monitor, the second annual survey tracking threats to organizational health-and senior leaders' preparedness to face them. The Global Leadership Monitor surveyed 514 CEOs and board leaders, as well as 511 C-suite leaders and 565 next-generation Leaders (senior talent who sit one or two levels below the C-suite) across 46 countries in the Americas, Europe, Middle East, Africa, and Asia Pacific. In the analysis of responses, three inter-related threats rise to the top: uncertain economic growth, geopolitical instability, and talent/skill shortages. Coming off the back of a challenging labor market, 72% of leaders cited the availability of key talent/skills among the top five most pressing threats (from a list of 20 threats) to organizational health over the next 12-18 months (up 13 percentage points since 2021). Uncertain economic growth and geopo ....

Constantine Alexandrakis , Asia Pacific , Diana Pastrana , Russell Reynolds Associates , Leadership Monitor , Global Leadership Monitor , Middle East , Reynolds Associates , New York , June 8 , 022 Prnewswire Leadership Advisory Firm Russell Reynolds Associates Rra Released Today Its 2022 Global Monitor , He Second Annual Survey Tracking Threats To Organizational Health And Senior Leaders 39 Preparedness Face Them The Global Leadership Monitor Surveyed 514 Ceos Board , S Well As 511c Suite Leaders And 565 Next Generation Senior Talent Who Sit One Or Two Levels Below Thec Across 46 Countries In The Americas , Middle East , Nd Asia Pacific In The Analysis Of Responses , Hree Inter Related Threats Rise To The Top Uncertain Economic Growth , Geopolitical Instability , Nd Talent Skill Shortages Coming Off The Back Ofa Challenging Labor Market , 2 Of Leaders Cited The Availability Key Talent Skills Among Top Five Most Pressing Threats Froma List 20 To Organizational Health Over Next 12 18 Months Up 13 Percentage Points Since 2021 Uncertain Economic Growth And Geopolitical Instability Were Two Frequently , He Latter Rising Seven Places In The Ranking These Three Top Threats All Rank Among Issues That Leaders Say Their Organizations Are Least Prepared To Face Quot Our Research Makes Clear Profound Level Of Geopolitical And Economic Uncertainty With Which Global Business Dealing Current Operating Environment , Uot Said Rra Chief Executive Officer Constantine Alexandrakis Quot These Conditions Are Not Expected To Change Any Time Soon , Aking It Pivotal To Have Leadership In Place That Can Navigate Choppy Waters Effectively And Inspire Trust Confidence Enterprise Wide Quot Key Global Findings Other Themes From The Survey Include Half Of Leaders Say Their Teams Are Unprepared Face Economic Uncertainty Those Well Prepared Differentiated By Approach Digital Sustainability Consumers Customers Remain Top Stakeholder Group Over Next Five Years , Hile Employees Have Climbed In Importance Ranked Second , Head Of Investors , He Gap Between Employees And Consumers As Key Stakeholders Has Narrowed By 18 Percentage Points While The Great Attrition Risk Experienced In 2021 Abated Somewhat , Ifty Six Percent Of Next Generation Leaders Are Still Willing To Makea Move Another Employer For The Right Opportunity Importantly More Than Two Thirds Not Confident In Leadership Succession Plans At Their Organization Quot Career Recalculation Is Key Issue And Organizations Must Focus On Providing Growth Development Retain Gen Access Report ,