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| Date: |
24/02/09
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| Title: |
Business Performance and Priorities in the Downturn |
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Eighty seven per cent of CEOs and top level executives believe their companies will survive the global financial crisis according to a survey released today by the Australian Institute of Management.
The vast majority of the 528 business leaders surveyed also remain positive about the capabilities of their companies and future prospects.
Most of the people involved in the survey said the Australian economy was well placed to withstand the full impact of the international crisis.
Despite this confidence, 20 per cent of respondents said their companies were looking at downsizing and retrenchments. |
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