Stanton Chase Czech Republic CEO Survey 2015
June 25, 2015
by Jozef Papp
This, our fourth annual CEO survey, provides interesting comparisons with the three previous surveys of 2012 – 2014. We received 105 responses (13% return) this year, divided 95% men and 5% women.
All indices covered in the survey give cause for optimism, with 91% of respondents expecting positive economic development during 2015, and 90% reporting a positive evaluation of their company’s internal corporate sentiment.
Industrial Production yet again is the sector expected to deliver the largest growth this year (70% of respondents thought so) followed by Information Technology (51%), the same top two expectations as for our 2012 and 2013 surveys.
The three biggest challenges in resourcing human capital, as in previous years, remain a shortage of leadership, vision and strategic thinking skills (67% of respondents), a lack of entrepreneurial thinking (66%) and human resources development (58%).
According to the responses received it is difficult for businesses to find key specialists (85%), but relatively easy to find top management talent, with 50% of respondents recruiting only from within the Czech Republic, 34% from Central Europe, 11% Europe and 5% worldwide.
Reflecting the manufacturing strength of the Czech Republic, it was no surprise that 42% of survey respondents were from the Industrial Production sector; and again consistent with recent surveys, a typical CEO in the Czech Republic is a man, aged 40-49 years, who is in his function for over 5 years.