• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

Scoring big points in this economy

by on
in Admins,Best-Practices Leadership,Leaders & Managers,Office Management

How are companies feeling about the future? A recent McKinsey survey reports executives are feeling positive about their companies’ ability to rebound: 74% of respondents say they expect companies’ profits to rise over the next 12 months.

The companies that expect profits to decline this year say they will remedy the situation by doing the following:

  • 54% will seek an increase in productivity
  • 29% will introduce new products or services to gain market share
  • 61% will reduce operating costs
  • 40% will restructure.

Tip: Play close attention to that 61% figure. Administrative professionals who can help leadership reduce operating costs by securing more advantageous service contracts, streamline a process or reduce spending, for example, will score big points.

Like what you've read? ...Republish it and share great business tips!

Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...

We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.

The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.

" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/11687/scoring-big-points-in-this-economy "

Leave a Comment