CEO and CFO respondents to a recent Gartner survey reportedly identified M&A investments (41% of respondents) and sustainability-related investments (39% of respondents) as the first two spending categories that will be reduced if current unfavorable economic conditions persist.
While one-third of respondents said their organizations would cut investments in workforce and talent development, 46% said this would be the last area that would see spending reductions. Just 23% of respondents selected technology spending as among the categories their organizations would cut first, while 45% said this would be the last spending category at risk.
See “Gartner: CFOs likely to reduce sustainability spend before talent development, tech” (CFO Dive) and “Sustainability on the chopping block as economic squeeze bites, finds Gartner survey” (IR Magazine).
This post first appeared in the weekly Society Alert!