CHICAGO-Weighing strategic actions with appropriate risk, increasing investment in technology, restructuring pricing and making domestic acquisitions are higher-risk choices chief executive officers (CEOs) of manufacturing companies are willing to make, reports the manufacturing-focused results of the Survey of U.S. Business Leaders by Grant Thornton LLP. They are less inclined, however, to pursue even higher-risk actions such as international expansion.
"What this survey demonstrates is that American CEOs are faced with daunting challenges, ranging from intensified competition to a higher level of shareholder and regulatory scrutiny," says Cal Hackeman, partner in charge of the Grant Thornton Business Leaders Council. "To thrive in today's environment, these business leaders are weighing their options and taking on more risk."