Feeds

Time to invest, say CEOs

Downsizing out, growth in, says IBM survey

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Downsizing is out and growth is in, according IBM's annual global CEO study. Of 456 CEOs interviewed, 80 per cent said their priority is to grow revenues, rather than to cut costs.

If the mood of a CEO is an accurate barometer of the economy, then the long-promised upswing could, indeed, be about to happen. Asia and China were highlighted by several participants as key new markets to exploit.

Many of the CEOs report that the spending cuts which they imposed in the last two years have done the job required; and that the time is right to invest in growth. Two thirds said growth will come from new products, and more than half said they plan to enter new markets in the next five years.

Despite a more positve outlook, most said their companies are not yet agile enough to pursue the opportunities in the market. Identifying opportunities and threats is not a problem, but deciding how to act takes too long.

While 90 per cent of the top execs said they needed to transform their businesses to compete, 60 per cent said that they and their staff lacked the skills neccessary to do so.T hree quarters said that the most important thing they could do to transform their businesses is to invest in employee education. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.