Human capital ranked as the top challenge in a survey of more than 1,000 CEOs around the world by The Conference Board. CEOs had a choice of 10 issues, and customer relationships and innovation ranked as the second and third top challenges, respectively.
Human capital includes how best to develop, engage, manage and retain talent.
“Though particular strategies vary from region to region, business leaders worldwide are working to optimize their greatest resource — their employees and those who will lead them,” said Rebecca Ray, senior vice president, human capital, at The Conference Board.
“This emphasis on people-related issues makes perfect sense in a still-uncertain economy,” Ray said. “Building a culture that supports engagement, employee training, leadership development and higher performance is something companies can control, and can mean the difference between growing market share and simply surviving in 2014.”