General managers in Romania, optimists about their companie’s growing potential

General managers in Romania are more optimistic than their global counterparts when it comes to their businesses’ growing potential, according to the results of a survey conducted by PricewaterhouseCoopers consultancy company.

5si_growThus, 42 percent of the respondents showed they are quite confident when it comes to their business’ growing potential in the next year, while 60 percent said they were expecting this grow to happen in the next three years (compared with 36 percent and 46 percent of foreign managers).

‘In exchange, the general manager’s optimism when it comes to their own companies seems to be considered separately from the global growth perspectives, their opinions about the general economic situation at global level being rather reluctant. This is a sign saying that general Romanians in Romania have learnt that they cannot count on the current economic context for developing their companies, but they can only rely on themselves’, Vasile Iuga, Country Managing Partner with PWC Romania explained.

General managers in Romania are optimistic when it comes to the possibility of increasing their number of employees in the next 12 months. As much as 73 percent of the respondents believe that the employees (including the trade unions) are stakeholders having a significant influence on the business strategy, which also leads to an increasing concern on behalf of the managers with respect to them (83 percent in Romania and 77 percent at global level).

Most general managers operating in Romania say that they will mainly focus on organic growth opportunities on the domestic market (33 percent) and on developing new products and services (29 percent), while only 5 percent count on new foreign markets.

Among those who are thinking to make some changes, most are considering attracting customers and gaining their loyalty (84 percent).

As regards the expectations from the government, most respondents referred to the improvement of the infrastructure (82 percent), which is seen as one of the country’s main vulnerabilities. The respondents expect public authorities to maintain stability of the financial sector (67 percent) and invest in the education system so as to ensure a competent workforce (44 percent).

Company managers in Romania also expect from the government to improve and simplify the regulation framework (75 percent). They also have expectations from the government to combat social inequity and poverty in a more efficient manner (33 percent). AGERPRES

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