What keeps business leaders up at night?

Business

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For this month’s issue, Chance Analytics has partnered with the Industrious Institute, the research arm of Industrious, a global leader in modern governance that provides SaaS solutions across governance, risk, compliance, audit and ESG. Tari has given us exclusive access to the raw data that powers their corporate sentiment tracker. To build that tracking, they constantly scour the web for executive profiles and news coverage of more than 1,489 public companies. The power of the tool, of course, is to assess how business leaders feel in general.

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Numbers to know

10

  • … the number of words that were among the top 100 (ie, the 100 most used words by corporate leaders) in the last 36 months. These Terms: turn into, China, Economy, in the future, development, India, Markets, People, StrategyAnd He warns.

24

  • … the number of months in the last three years 5G It was one of the 100 most used words by corporate leaders.

25

  • The number of consecutive months of inflation is one of the 100 most used words by corporate leaders. In the year In December 2020
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Big picture

  • As we head into 2023, corporate leaders will feel a little uneasy. last month, 52% Corporate leaders’ public statements had negative connotations (see the second table below). Compared to that. 45% In November 2021 and 29% In the year In November 2020, much of it could come down to stubborn inflation and higher odds of a recession.
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A few deeper receivers

1. Twitter has soared up the charts.

While corporate leaders are notorious for avoiding the media spotlight, Elon Musk not only chased it, he seemed to love every second of it. Well, at least he did before 2022. In recent months, Musk’s tumultuous takeover of Twitter has clouded the innovator’s public image and become a hot topic among his fellow CEOs. In fact, last month, Twitter was the number 7 most used form of public statements by corporate leaders.

2. CEOs are talking too much about inflation – this is not good.

Researchers in the effort not only calculated the most frequently used words by executives, but also performed a statistical calculation to assess whether the word had positive or negative usage.

Some things are obvious like “Inflation” and “FTX” indicate a negative message. Others are a little surprising, when corporate leaders talk about “apples” it almost always has a negative connotation.

3. Rhetoric-wise, CEOs remain somewhat sleazy.

On paper, the U.S. economy (outside of rate-sensitive sectors such as housing and technology) remains strong. The unemployment rate is below 4% and corporate income and retail sales remain strong.

That said, corporate leaders seem to be preparing for choppy waters in 2023. Case in point: look at how many times they’ve talked about “recession” all year.

Our new weekly Impact Report newsletter examines how ESG news and trends are shaping the roles and responsibilities of today’s executives. Register here.

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