Manufacturers and distributors are missing growth opportunities
June 25, 2006
About 96 percent of respondents to RSM McGladrey's 2006 Manufacturing and Wholesale Distribution National Survey said their company was "thriving and growing" or "holding its own."
The survey looked at what CEOs, CFOs and other senior executives are doing to grow their companies and compete in the global economy. Overall the survey reported business leaders are optimistic.
RSM McGladrey reports that while distributors and manufacturers are optimistic, many are missing opportunities to grow. Underused strategies include penetrating foreign markets and increasing exports, using more resources to find skilled workers, taking advantage of government funding assistance and optimizing tax planning.