Questions Asked
- QUESTION 1
Which of the following best represents your view of the current business environment, on a 1-10 scale?
- QUESTION 2
Over the next 12 months, in which ways do you plan to invest in your company?
- QUESTION 3
What is the single most important influence for your business planning for the next 12 months?
- QUESTION 4
How important is product/service diversification to your company's future, on a 1-10 scale?
CEO Insights
-
Our growth right now is capped by lack of labor, like most companies out there. "
-
Going through transition. Tariffs and rising steel prices have hurt margins. Refinancing debt will occur in the next 9 months.
-
Due to our collapsing economies , countries and businesses collaborating will become the way out for everyone.
-
As we grow older, we are concerned that we will not have enough talent to replace the retirees.
-
We MUST be able to access talent to continue expansion of the economy. If talent is not available, business will move to where it is... We import products. We import parts. We may need to import talent."
Digital expansion is in process, which will impact every person in the company.
Sample Question
What is the single most important influence for your business planning for the next 12 months?Key Findings
- Labor (11.43%) and Technology (12.38%) were the only priority 2 influences to gain in importance during the fourth quarter.
- Access to capital was the only influence to decline in importance over all four quarters, starting the year at 11.16% and ending at 7.62%.
- Inflation was the least important among key influences, registering just 2.38% of all responses.
Availability of talent consistently stood out in 2018 as the single most important influence for short-term business planning. Between 28.66% and 30.80% of CEOs selected this answer over the four quarters of the year, with 30.48% as the final quarterly result. This was more than double the next nearest most important influence - “other” at 13.81%.
Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland.
DOWNLOAD THE MARCUM ON THE GO APP
