C-suite eyes disruptive impacts, threats of Russian-Ukraine conflict

People in railway station of western Ukrainian city of Lviv waiting for the train to Poland, Lviv, Ukraine – February 26, 2022. Credit: Bumble Dee/Shutterstock.com

In response to the disruptive impact of the Russian invasion of Ukraine on the global marketplace, companies are placing a heightened emphasis on strengthening their approaches to cyber risk, supply chains, renewable energy, and crisis and contingency planning, according to a new survey of C-suite members around the world.

“C-Suite View of Volatility, War, Risks, and Growth for Global Business,” a survey conducted in May by nonpartisan think tank the Conference Board, focused on the impacts of the Russia-Ukraine conflict on the global business environment and firm-level operations. Unsurprisingly, the survey found that the conflict’s effects are far-reaching. In the survey of 750 CEOs and other C-suite executives, only 9% of respondents said the war would have no material impact on their business operations in the year ahead.