Providence Business News asks 70 local executives about their top concerns as business leaders, and how their companies address them.
What are your top concerns?
• Consistent execution of company strategy – 35.7 percent
• Sustained and steady top-line growth – 28.6 percent
• Sustained profit growth – 14.3 percent
• Finding qualified managerial talent – 21.4 percent
How do you ensure consistent execution of the company strategy?
• Training – 57.1 percent
• Use of metrics – 42.9 percent
• Recruitment of new talent – 0.0 percent
What is your primary method for growing your company’s top line?
• Pursuit of new markets (including overseas) – 42.9 percent
• New product categories – 28.6 percent
• Acquisitions – 21.4 percent
• Research and development – 7.1 percent
How do you sustain profit growth?
• Continual re-evaluation and containment of expenses – 35.7 percent
• Creation of products or services with higher margins – 64.3 percent
How do you find qualified managerial talent?
• Through internal development – 57.1 percent
• Through extensive outside recruitment – 42.9 percent
The Providence Business News Executive Poll is a weekly survey of 70 business leaders, representing small and large businesses in a variety of industries, throughout the state.
