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IBM’s study, Capitalizing on Complexity: Insights from the Global Chief Executive Officer Study, is part of a bi-annual series of interviews with 1500 senior leaders to get their perspective on the most pressing challenges to which they must respond in today’s competitive and economic environment. The need for innovation, often number one, dropped a notch in this study, as the leaders focus on a new issue: complexity. Almost 80% anticipated greater complexity ahead. This includes disruptions as well as new opportunities made available through increasingly interconnected economics, enterprises, societies and governments. Significantly, over 50% reported that they feel ill-prepared for today’s more complex environment!