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Business executives around the world say their understanding of the universe of strategic risk is changing. Here's how.
Most business leaders are familiar with the ironic business aphorism, "Sell at a loss and make it up in volume!" Its dark humor comes in the recognition that when you sell at a loss, big volume only drives bigger losses. It turns into a death spiral.
Risk aversion may limit mid-market firms' upside growth by biasing investment choices towards conservative alternatives. More importantly, aversion to risk may prevent many attractive growth alternatives from even being considered.
Ask yourself two important questions about top line revenue numbers to reveal key differences in quality of growth.
Thinking about growth in a highly uncertain environment?
Most every company seeks to improve its financial results, whether in the form of higher profitability, stronger growth, or some other measure. This quest for better business performance is a kind of journey: This is the first in a series of articles that will equip you with the maps, navigational instruments, and successful exemplars to guide your own journey to superior financial results.
From April 28, 2014 to May 29, 2014, a Deloitte survey of mid-market companies was conducted by OnResearch, a market research firm. The survey examined technology trends taking place in this market segment to determine the role and value that technology plays and how it influences business decisions. The full survey results are included in this report; some percentages in the charts may not add to 100 percent due to rounding, or for questions where survey participants had the option to choose multiple responses.