The IBM Global CEO Study, the largest study of chief executives ever conducted, reveals a dramatic increase in the number of global business leaders who see important change ahead, and also highlights how the ability to absorb and manage change is widening the gap between winners and losers in the global economy.

CEOs reported a surprising level of optimism about change as an opportunity to build new competitive advantage. Overall, 83 percent of surveyed CEOs expect substantial change in the future, an increase of 28 percent in just two years. However, CEOs report their ability to <A HREF="http://www-03.ibm.com/press/us/en/pressrelease/24126.wss">effectively manage change is increasing at a far slower pace.</A>