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Business leaders in London, New York, and Shanghai agree: In an environment of slow economic growth and limited opportunity for double digit business expansion, continuous improvement of internal capabilities is no luxury or fad. It’s a prerequisite for organizational survival. So finds The Conference Board CEO Challenge 2013, a report published today based on a survey of CEOs, presidents, and chairmen from the world’s leading companies.

The G-20 brings together the world’s major advanced and emerging economies. It includes the EU, four EU Member States (Germany, France, Italy and the United Kingdom) and 15 countries from the rest of the world (Argentina, Australia, Brazil, Canada, China, India, Indonesia, Japan, Mexico, South Korea, Russia, Saudi Arabia, South Africa, Turkey and the United States). Together the members of the G-20 covered over 60% of the world’s land area, generated 87% of the global GDP and were home to 65% of the world population in 2010.

World economic growth, which stands at a slow 3.2 percent for 2012, will slow further to 3.0 percent in 2013, The Conference Board reported today.