| | Three-quarters of senior executives in North America, Europe and Asia believe their companies and industries will grow in 2006, according to the results of an online survey conducted by Accenture.
The annual survey, which identifies the business outlook and major concerns of more than 900 "C-suite" executives in the United States, the United Kingdom, Germany, France, Italy, Spain, Japan, Canada and China, also found that nearly four-fifths (78%) of companies will be hiring in the next six months either to fill crucial positions as they are | |
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| | C-suite executives that the global economy is getting stronger should be a hopeful indicator for global business," said Mark Foster, chief executive of Accenture's Products operating group. "As optimism for the global economic climate improves, top executives are more apt to focus on improving their own businesses by spending for programs that might have been curtailed or postponed and by hiring new employees to carry out their growth plans."
From an industry perspective, respondents in the financial services industry were the most optimistic | |
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| | about their industry's growth, with 86% of these respondents saying they expect their industry to grow this year. Respondents in government were the least optimistic, with only 57% of these respondents expecting growth this year.
Chief operating officers and HR directors are the most optimistic about the growth of their organizations than are other senior executives with nearly 80% predicting business growth in 2006.
The survey also asked respondents to identify what they believe to be the top 10 threats to | |
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| | their company's success in 2006.
The top three perceived threats were competitors (72%), the health of the global economy (67%) and the inability to attract and retain the best talent (67%).
The three areas of least concern were compliance with government regulations, with 38% of responders identified it as threat, inability to focus on core competencies (37%) and instability of senior leadership (35%).
39% of responders identified terrorism as threat, rating it sixth.
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