Biggest Challenge for CEOs Is Jumpstarting Organic Growth

Deloitte Consulting’s CEO Jim Moffatt says, growth has been the number one issue across every sector of the business community for the last four years. According to Deloitte’s 2015 M&A Trends Report, the respondents to this year’s survey expect the robust pace of mergers and acquisitions to extend, or even accelerate, this year. Moffatt said the respondents to this year’s survey expect the robust pace of mergers and acquisitions to extend, or even accelerate, this year. Also top of mind are worries about how technology is disrupting the way organizations function. Moffatt says, ‘Most of the large organizations we deal with are having to evolve themselves, and also move into areas beyond their core business.’ Finding qualified talent with a global mind frame is another concern. Moffatt said, ‘70-75-percent of our employees are now Millennials. What they’re looking for, how they want to be engaged, what motivates them, is different.’ TheStreet’s Rhonda Schaffler has details from the Milken Global Conference in Los Angeles.