JANUARY ISSUE: CFO Corner–Roadmap to 2015
- Jan 01, 2015
While there may be a growing sense of confidence among America’s business leaders about their companies’ futures, there seems to be a lack of attention to the investments that could help overcome major obstacles, develop the best possible leadership teams and drive innovation, according to the findings of Deloitte’s inaugural Business Confidence Report. For these leaders, the major obstacles are perceived to be how they handle issues like cybersecurity risks, competition from emerging markets and tax constraints.
While this survey did not center on commercial real estate, the results illustrate some of the key issues CRE executives are grappling with. Surprisingly, many leaders recognize the problems they face but have not yet invested in solutions. For example, 44 percent of potential future leaders who responded to the survey expressed doubts about whether their own leaders are investing in the right areas.
This suggests that many strategies will either evolve further in 2015 or grind to a halt. This uncertainty is also present in the CRE market, if to a much smaller extent. Though the signs today are largely positive, CRE leaders will have to decisively address some specific challenges.