An Unforecastable Future
As the economy continues to worsen, it also becomes increasingly murky. On Monday, Adaptive Planning and the BPM Forum released the results of a survey on finance executives’ attitudes toward both the future of the economy and their ability to project their organization’s performance into that future. Not surprisingly, the answers to the first set of questions was not optimistic; 75 percent of respondents said economic conditions in their industry are worse today than they were six months ago, and 27 percent expect them to get worse still. Also not surprising — but perhaps more alarming for corporate executives — are the facts that 57 percent came in below their revenue plans for the third quarter of this year, and only one-third expect to hit their financial plans in the next year.
Related Topics: Industry News, Product Briefs
