skip to Main Content

CEO Business Climate Survey: Celebrate our Strengths, Work on our Weaknesses

We recently released our tenth annual CEO Business Climate Survey – completed by 177 Silicon Valley CEOs and senior officers, who drive the earth’s innovation economy.

The message was clear – celebrate our strengths, while also acknowledging and addressing our weaknesses.

First, our strengths, which I call the “six “t’s” of Silicon Valley’s secret sauce:

* Access to skilled labor – talent
* Entrepreneurial mindset – temperament
* Proximity to customers and competitors – territory
* World class universities – training
* Access to venture capital – treasure
* The climate and weather – temperature

Second, our weaknesses:

* High housing costs
* High personal income tax rates for our workers and families
* Business regulations – especially the misuse of the California Environmental Quality Act
* Traffic congestion

The full survey results are available on our web site at svlg.org. Let’s make time to make a difference.

Print Friendly, PDF & Email

Leave a Reply

Back To Top