European Business Leaders Confident Despite Current Headwinds But Risk Underinvesting in Technology for Long-Term Growth, Accenture Report Finds
DAVOS, Switzerland; Jan. 16, 2023 – While 65% of European business leaders agree they are facing the most challenging operating environment ever, an even larger proportion (77%) are confident about their organizations’ capacity to accelerate growth in an economic downturn, according to a new report from Accenture (NYSE: ACN).
According to the “Accelerating Europe’s path to reinvention” report, rising energy costs are the top challenge impacting margins for European companies, mentioned by 19% of respondents, followed by supply chain disruptions (14%).
Despite these challenges, 81% of European business leaders believe their organizations are well-positioned to capture future growth, having overcome the pandemic.
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