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CEO Activism in 2017: High Noon in the C-Suite

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CEO Activism in 2017: High Noon in the C-Suite

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Weber Shandwick, in partnership with KRC Research, released CEO Activism in 2017: High Noon in the C-Suite. The survey of American adults gauges attitudes toward the trend of chief executive officers (CEOs) speaking out on hot-button societal topics, revealing stark generational differences when it comes to perspectives on CEO activism.

Weber Shandwick, in partnership with KRC Research, released CEO Activism in 2017: High Noon in the C-Suite. The survey of American adults gauges attitudes toward the trend of chief executive officers (CEOs) speaking out on hot-button societal topics, revealing stark generational differences when it comes to perspectives on CEO activism.

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CEO Activism in 2017: High Noon in the C-Suite

  1. 1. CEO Activism in 2017: High Noon in the C-Suite is the second annual nationwide poll conducted by Weber Shandwick in partnership with KRC Research about CEO activism, an evolving dynamic in which some chief executive officers have spoken out publicly on controversial issues. We surveyed 1,021 U.S. adults, 18 years of age and older, representing the general population of America, to provide companies with insights into how the public expects business leaders to respond to hot-button issues of the day. This study follows The Dawn of CEO Activism, a 2016 study that identified the risks and rewards for companies when their chief executives speak out on contentious issues. For more information about CEO Activism in 2017: High Noon in the C-Suite, please contact: Micho Spring Global Corporate Practice Chair Weber Shandwick mspring@webershandwick.com Leslie Gaines-Ross Chief Reputation Strategist Weber Shandwick lgaines-ross@webershandwick.com 44% MILLENNIAL DEMAND FOR CEO ACTIVISM SURGES % who believe that CEOs have a responsibility to speak up about issues that are important to society % who say business leaders have a greater responsibility to speak out now than in years past HIGH NOON IN THE C-SUITE MILLENNIAL BUYING DECISIONS INCREASINGLY INFLUENCED BY CEO ACTIVISM % who say they would be more likely to buy from a company whose CEO speaks out on an issue they agree with MILLENNIAL EMPLOYEES PLEDGE ALLEGIANCE TO CEO ACTIVIST BOSSES % who say they would be more loyal to their organization if their own CEO took a public position on a hotly debated current issue (among full-time employees) Millennials Gen Xers Boomers 16% 18% OF MILLENNIALS OF GEN XERS 11% 17% 14%Change since 2016 51% 33% 30%OF BOOMERS THE COST OF SILENCE Risk of CEOs not speaking out on hotly debated current issues (% Total Americans) RISK OF CRITICISM 47% (NET) RISK TO BOTTOM LINE 38% (NET) RISK TO TALENTPOOL 20% (NET) From media (30%) From customers (26%) From employees (21%) From government (9%) Sales decline (21%) Boycotts (21%) Financial hardship (20%) Candidate applications decline (14%) Employees quitting (12%) 47% 28% 28% 56% 36% 35% MILLENNIALS GENXERS BOOMERS MILLENNIALS GENXERS BOOMERS CEO ACTIVISM IN 2017:

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