What will happen in 2010?
How were companies planning to improve their performance this year? Three-quarters of the respondents said they believed that there were still major cost savings to be made in their organization through improved efficiency.
72% of the companies felt they needed to increase the flexibility pg their operations through reducing fixed costs, particularly among support functions and improving productivity.
Optimizing the markets they serve via new market entry, new products or new channels, and through revitalizing the business model with new thinking around organizational structure, core competencies and new business collaborations have been the second most popular responses among the surveyed companies (64%).
Respondents also believed that accelerating their decision making processes and execution (63%) and strengthening their management talent (62%) would be critical to improve their chances of success.
72% of the companies felt they needed to increase the flexibility pg their operations through reducing fixed costs, particularly among support functions and improving productivity.
Optimizing the markets they serve via new market entry, new products or new channels, and through revitalizing the business model with new thinking around organizational structure, core competencies and new business collaborations have been the second most popular responses among the surveyed companies (64%).
Respondents also believed that accelerating their decision making processes and execution (63%) and strengthening their management talent (62%) would be critical to improve their chances of success.