17
Aug

Laying the Groundwork for Growth

   Posted by: Marty Koenig   in Cash Flow, General, Sales

I received this today. Its great that more companies are seeking growth opportunities.

Executives surveyed by McKinsey in late July expect their companies to remain financially cautious over the next 12 months, yet they also indicated they are actively seeking growth — and doing so in more ways than they were just six months earlier. Among specific actions companies might take in response to the crisis but haven’t yet, many more plan to introduce new products or services or to search for M&A opportunities than plan to start cost cutting or other defensive actions. This finding indicates both that most companies have cut costs already and that more are seeing opportunities.

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Source: Economic Conditions Snapshot, August 2009: McKinsey Global Survey Results

This entry was posted on Monday, August 17th, 2009 at 2:30 pm and is filed under Cash Flow, General, Sales. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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