Did you hear?… Survey says senior executives upbeat about economy

More than 73 percent of senior executives and managers queried by NFI Research are upbeat about the economy, predicting it will gain strength over the next 12 months. About 15 percent said that the economy won't gain strength over the next year, while 11.6 percent said it will lose strength.
Author:
Publish date:

More than 73 percent of senior executives and managers queried by NFI Research are upbeat about the economy, predicting it will gain strength over the next 12 months. About 15 percent said that the economy won't gain strength over the next year, while 11.6 percent said it will lose strength.

Of those polled, 55.1 percent said that business growth is one of the biggest issues facing their organization. Forty-five percent reported that business efficiency is one of the biggest issues, while 33.3 percent said customer issues and 32.9 percent said industry conditions are among the biggest issues.

Senior executives who wrote in seemed worried that qualified workers won't be available to meet the challenge:

>> One respondent wrote, "With aging demographics and a strong job market in the West, it is challenging to find qualified applicants and to retain good employees."
>> Another noted, "Skilled and unskilled labor shortages are and will have major ripple effects on costs and productivity (including customer service) within our markets."

Nearly 75 percent reported that they are optimistic of the increase/growth of business in general over the next 12 months. Twenty-three percent said they're somewhat pessimistic, while just 1 percent was extremely pessimistic of the increase/growth of business in general over the next year.

"Focused, motivated and engaged employees are the key to sustainable growth," one respondent concluded.

NFI Research (www.nfiresearch.com) is a U.S.-based research firm that identifies and analyzes trends and attitudes in business, organizational management and information technology.

Related

Outdoor: Did you hear?…

For the week of Dec. 7-13>> Just in case you'd begun imagining that the fitness industry wasn't paying much attention to the outdoor market, ACE (The American Council on Exercise) fires off a wake-up call with its fitness trend predictions for 2005. ACE surveys more than 3,000 ...read more

Fitness: Did you hear?...

>> The SNEWS® team is issuing a Red Alert to all of our subscribers regarding a bogus email scam that attempts to lure you into downloading a harmful virus. A sample email that you might receive looks like it has come from us and appears as follows: "From: support@snewsnet.com ...read more

Fitness: Did you hear?...

>> In its annual now-much-anticipated report on who's the fattest of them all, Detroit has risen to top "honors" in the Men's Fitness magazine's Fattest Cities report. Detroit jumped from third place to first overall, partly because it has the lowest per capita number of gyms and ...read more

Fitness: Did you hear?…

For the week of April 5-11>> IHRSA released final show numbers from its 24th annual trade show, saying more than 7,600 attendees from 61 countries attended. For a detailed report on the trade show, check out our SNEWS® story on March 31, 2005, "IHRSA show '05: Jammed and jamming ...read more

Fitness: Did you hear?...

>> Not that SNEWS watches such trendy programs as "Queer Eye for the Straight Guy." Naaaah. But if you saw the one about the guy who lost 100 pounds and was getting a TV makeover, you'll see the Fab 5 take him to the New York Sports Club, discuss some workout components with a ...read more

Fitness: Did you hear?...

>> Florida-based Busy Body/Gyms to Go is opening its 15th store this month -- in Tampa. The new store will be more than 5,000 square feet with 1,500 square feet of warehouse space, which will serve as satellite distribution center for Tallahassee and Jacksonville. "We are ...read more

Fitness: Did you hear?...

>> Former Fitness Gallery Sales Manager Bob Lachniet is the new western regional and Canadian sales representative for SportsArt America as of mid-January. At SportsArt, Lachniet replaces Terry Provonsha, who left SportsArt to return to Precor where he had worked previously. ...read more