Duke University and CFO Magazine have released the findings from their latest Business Outlook Survey (whereby 657 USA finance executives were polled in early September 2009).
Based on team DARTON’s review of the findings, CFOs are providing mixed feedback on the economy. 58% of the CFOs polled are more optimistic about the economy than they were in the last quarter. And even more good news…48% of CFOs are more optimistic about their firms than they were 3 months ago. That said, only 26% of the CFOs polled believe the recession is over.
So what are the top concerns that CFOs have about their own companies?
- Ability to forecast results
- Tie: Maintaining morale/productivity during economic turndown; working-capital management
- Balance-sheet awareness
- Tie: Cost of health care; attracting and retaining qualified employees
- Supply-chain risk
- Managing IT systems
- Tie: Data security; counterparty risk; pension obligations; protection of intellectual property
Read the full results from the latest Business Outlook Survey courtesy of CFO Magazine at http://cfo.com/article.cfm/14443126/c_14443798?f=magazine_alsoinside.
