The Enterprise of the Future: CHEMICAL AND PETROLEUM INDUSTRIES EDITION - IBM Global CEO Study

What will the Enterprise of the Future look like? To answer that question, we spoke with more than 1,130 CEOs, general managers and senior public sector and business leaders from around the world as part of our biennial Global CEO Study series.¹ Across industries, geographies and organizations of different sizes, the view was surprisingly similar: the Enterprise of the Future is hungry for change, innovative beyond customer imagination, globally integrated, disruptive by nature, and genuine, not just generous.

However, these aspirations hold specific opportunities and challenges for the Chemical and Petroleum (C&P) industries. Based on the responses of the 42 C&P CEOs who took part in our study, we've taken a closer look at the implications for C&P companies. These findings draw on the rich insights from our CEOs through statistical and financial analyses as well as the voices of the CEOs themselves.

C&P CEOs expect a significant and increasing level of change over the next three years, and their responses show a 19 percent gap between required change and their past success at managing it. Will they be able to shrink this growing gap?

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¹For readability, we have referred to all respondents as "CEOs" throughout the remainder of our report.