Executive Briefings

As Manufacturers Start to Grow, There Is Group That Has Already Been Performing Quite Well

After a half-decade of running on the treadmill, manufacturers are once again positioning themselves to achieve growth. An Accenture survey found that 89 percent of 81 senior manufacturing executives at U.S.-based companies with global operations are expecting growth. In fact, about four in 10 companies surveyed already have successfully restored either their production or profitability levels beyond pre-recession levels of 2007.

Yet analysis found there is a group of companies - "recovery leaders" - that have already surpassed both their 2007 production and profitability performance levels. They have seen their revenue recover much more quickly from the recession than other manufacturers: They were more likely than the balance of the group to say their revenue had grown by at least 6 percent since June 2009, and were less likely to anticipate little (less than 2 percent) or no growth in the future.

Why were recovery leaders better able to rebound from the recession?

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Yet analysis found there is a group of companies - "recovery leaders" - that have already surpassed both their 2007 production and profitability performance levels. They have seen their revenue recover much more quickly from the recession than other manufacturers: They were more likely than the balance of the group to say their revenue had grown by at least 6 percent since June 2009, and were less likely to anticipate little (less than 2 percent) or no growth in the future.

Why were recovery leaders better able to rebound from the recession?

Read Full Article