Today's corporate leaders are more concerned with performance, planning and succession than they were three years ago, according to a new study by the National Association of Corporate Directors and the accounting firm of Deloitte & Touche L.L.P.
More than half of the CEOs of the 500-plus companies surveyed said their top concern was corporate performance. Strategic planning ranked next, followed by concerns about succession and nomination of chief executives. Respondents had listed government regulation and relations with directors as top concerns in a similar survey three years ago.
"These shifts in priorities suggest significant changes in the CEO's outlook," said John M. Nash, president of the NACD, Washington. "Increased interest in 'business issues,' such as performance and strategic planning parallels the increased involvement of institutional investors as monitors of these areas."