Energy & Utilities Executive Outlook
Bearish
60%
Bullish
40%
Inflation’s Biggest Impacts on
Energy & Utilities in Q2
Wages
44%
Talent recruiting or retention
48%
Cost of
services
44%
Interest
rates
40%
Cost of wholesale goods
36%
Investment in our business
16%
M&A
12%
Inflation’s Effects on M&A in
Energy & Utilities
it’s impacting us
yes
impact
NO
44%
56%
28%
Slowing acquisitions
20%
Taking longer to close
8%
Holding off on selling
8%
Other ways
Increasing spend/focus on cybersecurity
Reducing spend overall
Nearshoring/reshoring suppliers
Adjusting customer/client makeup
Nearshoring/reshoring talent
Paring back operations/investment in certain countries
56%
40%
28%
16%
16%
4%
Potential Energy & Utilities Actions Due to Geopolitical Climate
Business’ Change in Energy & Utilities Sciences Agility Since Pandemic
About the same
36%
Somewhat improved
32%
Drastically improved
16%
Worsened
16%
Most Challenging Areas of Recruiting Energy & Utilities Talent
Executive leadership
Middle management
Back-office workers
Front-line workers
68%
76%
68%
80%
Most Challenging Areas of Hybrid Work in Energy & Utilities
52%
Maintaining company culture
48%
Bringing employees back on site
28%
Onboarding new employees
44%
Running meetings with in-person and remote participants
40%
Work-life balance
24%
Using the right workspace/
real estate
Somewhat improved
32%
Drastically improved
16%