1、Executive PerspectivesThe CEO OutlookWhat Moves Industries in 2023April 2023Executive PerspectivesIntroduction to this documentIn this BCG Executive Perspectives edition,we share how industries are responding to uncertainties differentlyMultiple global challenges such as macroeconomic uncertainties,

2、inflation,changes in the labor market,etc.,create a challenging environment for companies in 2023.We surveyed 759 global C-suite executives across industries in January and February 2023 to gauge sentiment regarding their companys outlook,their biggest concerns,and how they set strategic priorities

3、in times of uncertainty.This second Executive Perspective on the survey results dives into specific concerns and 2023 action plans for different industries.We have selected a few industries to demonstrate the depth of our insights.Please dont hesitate to reach out to us if interested in learning mor

4、e about your industry.You can find the overview of the survey analysis and regional nuances in our first edition,CEO OutlookCaution,Optimism,and Navigating the Road Ahead.2Copyright 2023 by Boston Consulting Group.All rights reserved.Selected industry deep divesOverviewExecutive summary|Regardless o

5、f industry,companies should take action to build competitive advantage and resilienceNot surprisingly,cost is the number one priority across industries,with the 2nd and 3rd priorities reflecting each industrys nature.This shows that while most companies would love to pursue opportunities,they are st

6、ill focusing on defense moves due to market uncertainties.Nonetheless,while there is high focus and consistency across the defense actions planned within each industry,30%of respondents are planning for bold moves(e.g.,top line,M&A)to build competitive advantage.To win in the future,there are two cr