Competition and change of legislation: What is big business in Uzbekistan afraid of

For example, 60% of CEOs in Uzbekistan believe that the emergence of new competitors in the market can destabilize their business over the next five years. In addition, more than half of the CEOs see a threat in the next five years, changes in the industry legislation. At the same time, unlike their colleagues around the world, business leaders do not expect major problems of changing consumer preferences and technological change

. infrastructure, exchange rate volatility and protectionism. Problem solving in these areas and the formulation of state programs to solve problems is a key lever for increasing the attractiveness of the country's investments.

The shortage of qualified personnel is also one of the most serious problems in the region and the world. At the same time, cybernetic threats and threats related to technological change do not particularly concern national leaders, although in the world they are considered the number 1 threat.

87% of CEOs in Uzbekistan are confident in the revenue growth of their business and in the next three years. The CEO of Uzbekistan considers that the influence of the countries of the Eurasian region is the most significant for the overall development prospects of their company.

The three most important countries in terms of general prospects for business development are Russia, Kazakhstan and China. At the same time, for all the countries of the world, including Russia and Turkey, the most important countries for business are the United States, China and Germany. Only 7% of the CEO of Uzbekistan noted the importance of the United States for the future of their organizations, despite the country's important and growing position for the CEO in the world. Among the leaders of the world ranking, only China has fallen into the top 3 of business leaders in Uzbekistan.

Most CEOs agree that state agencies and regulators have a strong influence on their business strategy. At the same time, CEOs of other countries, in contrast to the CEO of Uzbekistan, react less positively to the issue of state confidence in business confidence.

The CEO is extremely concerned about the term of office of the CEO. The majority of Uzbek leaders do not note a tendency to reduce the length of stay at the head of the company.