View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
May 22, 2009

CEOs play down value of technology and outsourcing

Study shows change of appeal, operating focus

By CBR Staff Writer

There has been no change over the past two years in the number of companies moving operations offshore, but one-third of CEOs now believe outsourcing offers less economic value than five years ago. 

In a poll of around 300 CEOs taking part in an NYSE Euronext census, CEOs have also downgraded the importance of new technology.

Most acknowledge their companies have gained some benefits from the downturn, with contract renegotiations and acquiring new employee talent among the most commonly mentioned positives.

There will be continuing focus on reducing expenses and debt through a variety of means in order to strengthen their company’s balance sheet. 

Operational efficiency and management stand out as the internal factors expected to have more impact on profitability. 

Some 284 CEOs participated in the The Road to Recovery study, representing 23 industries and 24 countries.

Content from our partners
Technology and innovation can drive post-pandemic recovery for logistics sector
How to engage in SAP monitoring effectively in an era of volatility
How to turn the evidence hackers leave behind against them

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU