Gartner Research

Tech CEOs Who Do Not Prioritize Growth or Profits Fail at Both

Focus on high growth and high profits with the Rule of 40.

Analyst(s): Forest Conner, Charlie Xu

Gartner’s 2023 Tech CEO Benchmarks Survey shows that successful tech CEOs focus on either high growth or high profits, and it reveals key differentiations between the two types. The survey also shows that both types of tech CEOs are more likely to reach the Rule of 40 than tech CEOs without focus.

Tech CEOs should:

  • Communicate strategy to employees and stakeholders
  • Ensure growth maintains value creation
  • Drive product expansion

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