Agility or irrelevance — those are the two choices U.S. CEOs are facing in today's business environment, according to a new report from KPMG.

Of the 400 U.S.-based CEOs KPMG surveyed for its "2019 U.S. CEO Outlook" report, most agree that being too slow can lead to obsolescence, with 63% believing they need to improve innovation processes and execution over the next three years to remain competitive and resilient. Others are taking a more inorganic approach — 81% plan to pursue strategic partnerships and mergers and acquisitions to compete with potential threats.

That being said, U.S. CEOs are more positive about the economic outlook for the next few years compared to CEOs overseas.

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