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Gartner Survey: Global CEOs Concerned About Potential 2012 Downturn

Gartner Survey: Global CEOs Concerned About Potential 2012 Downturn

Though optimism appears to be rising among senior-level executives in the U.S., the same cannot be said for global CEOs, as a recent survey found 85 percent said they believe their businesses could be impacted by an economic downturn this year.

The Gartner CEO and senior business

Though optimism appears to be rising among senior-level executives in the U.S., the same cannot be said for global CEOs, as a recent survey found 85 percent said they believe their businesses could be impacted by an economic downturn this year.

The Gartner CEO and senior business executive survey of more than 200 CEOs from more than 25 countries around the world was conducted between November and December of last year.

"Costs are now the second biggest priority area, the highest ranking in our surveys since 2009," Mark Raskino, vice president and Gartner fellow, said in a release. "Yet, CEOs seem determined to maintain a growth posture as the No. 1 priority for now, and geographic expansion is the primary growth approach."

Still, the results of the survey found a ratio of more than two to one of CEOs who plan to increase their investment in IT functions this year instead of cutting it, according to the survey.

According to eWeek, executives are likely to be more focused on making these investments count, as they have learned that simply purchasing and installing technology does not necessarily create a return on investment.

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