CEO report 24

THE FINDINGS

THE FINDINGS

Our FTSE 350 findings show that businesses with a strong purpose statement outperform on various business metrics, such as higher on ROE and ROA. Read more >

More than half agree that purpose impacts positively on business performance and societal impact.

But at the same time, they are struggling with key challenges that purpose can help solve.

TO WHAT EXTENT DO YOU AGREE WITH THE FOLLOWING STATEMENTS?

TO WHAT EXTENT DO YOU AGREE WITH THE FOLLOWING STATEMENTS?

58 %

64 %

Businesses with purpose have a more positive impact on future generations​

I struggle to instill a clear vision in my organization

64 %

53 %

I struggle to build momentum behind initiatives and programs

Businesses with purpose are better able to navigate uncertainty​

Long-term company valuec​ 65%​ Financial performance​ 63%​ Business resilience​ 69%​ Customer attraction​ 71%​ Customer loyalty​ 74%​ Employee attraction​ 62%​ Employee loyalty​ 66%​ Brand perception​ 62%​ I struggle to build alignment among my senior leaders 45 %

49 %

63 %

Businesses with purpose have higher levels of innovation​

I struggle to get my teams to innovate as quickly as they need to

62 %

Businesses with purpose are better for society​

59 %

Businesses with purpose outperform those without on financial metrics​

56 %

Businesses with purpose outperform those without on non-financial metrics (e.g. ESG)

16

Brandpie CEO Report 2024 A pivotal moment for purpose 

Brandpie CEO Report 2024 A pivotal moment for purpose

17

brandpie.com

brandpie.com

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