Nine out of ten global leaders looking forward to positive world economics
Reshape. Reimagine. Reinvent. Safeguarding growth for tomorrow and beyond.The first EY Capital Confidence Barometer was launched 10 years ago in the wake of the Global Financial Crisis (GFC). At that time, the survey results reflected the great unease across the markets. We again find ourselves in a period of uncertainty.
Though nothing like the magnitude we experienced a decade ago, we don’t need to look far to find negative headlines and speculation about an economic downturn.However, the one major difference between now and then is how the C-suite views uncertainty. Ten years ago, boardrooms were paralyzed by uncertainty. Today they are motivated by uncertainty. The boardroom of 2019 is concentrating on proactively managing risks and seizing the upside opportunities of disruption.Which is why we find global executives more bullish in their outlook than many economic and business commentators — they are building resilience into their operations while, at the same time, laying the foundation for future growth in three key ways.
• Reshaping results — instilling financial discipline while realigning portfolios — optimizing strategic, operational and commercial performance to future-proof growth
• Reimagining their ecosystems — looking at more innovative business models and collaborations to access new markets and customers
• Reinventing their future — learning from the past while envisioning the future in a digitally enabled, hyper-speed worldFor the majority of our respondents, the fastest way to achieve this transformation is through M&A. The Barometer has been a reliable guide to the M&A market over this post-GFC decade. It has correctly predicted the direction of sentiment (see page 8) and highlighted the key drivers of deals. A record number of executives are now looking to transact in the next 12 months and, unforeseen events notwithstanding, the outlook for dealmaking is strong.Those executives who balance the risks and rewards of M&A will be best positioned to reshape their companies for a better tomorrow.
Related news
This is how artificial intelligence became part of everyday life
Artificial intelligence (AI) has become an almost invisible part of…
Read more >It’s not enough to talk about it anymore: seven priority sustainability topics are on the agenda of Hungarian companies
Reporting is not only a legal obligation, but also a…
Read more >Senior executives and users have sharply different opinions about the reliability of artificial intelligence – international survey
There is a sharp divergence in the views of senior…
Read more >Related news
Record number of returns: Kifli.hu customers return half a million bottles per month
More than 2.6 million bottles returned in a few months…
Read more >The newest SPAR store in Szombathely opened with an investment of more than one billion
SPAR Hungary has opened its newest supermarket in Szombathely, on…
Read more >Momentán Udvar and Rossmann together again in the Valley of the Arts
Rossmann joined the Momentán Udvar programs at the 34th Valley…
Read more >