Whitney Partners Executive Search Newsletter

Private Sector Issues

Private Company CEOs More Optimistic

Private Company CEOs More Optimistic

According to PwC US's latest “Private Company Trendsetter Barometer”, 43 percent of private companies have signaled confidence in the world economy. Private companies believe markets are strong enough to support their corporate agendas, both in the United States and abroad, according to “Trendsetter Barometer”. Almost one-third of respondents are planning major new capital investments in 2014, while nearly one in five are looking to acquire new businesses. Optimism about the economy is also driving ambitious revenue goals for private companies in 2014. CEOs project growth of 8.5 percent over the next 12 months, up from 7 percent a year ago, with over one-third of respondents saying they expect double-digit revenue growth. Also, projected increases in private-company revenue continue to outpace forecasted US GDP growth. "The optimism expressed by private-company CEOs at the end of 2013 for the year ahead is an encouraging sign that our economy continues to strengthen, especially compared with this time a year ago," says Ken Esch, a Partner in PwC's Private Company Services practice. Rich Stovsky, a leader of PwC US's Private Company Services practice adds: "We see that our clients are looking past economic and legislative uncertainty to move ahead with critical decisions, such as making new capital investments and expanding their businesses...”

Edition XIV Vol. I

  • The Oil & Gas Industry +

    The US Is The Oil & Gas Industry's Largest Source Of Growth

    The US Is The Oil & Gas Industry's Largest Source Of Growth

    The continuing surge in US oil and natural gas production, primarily from unconventional

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  • Employees +

    Study Identifies Signs An Employee Is About To Leave

    Study Identifies Signs An Employee Is About To Leave

    Those who are thinking about leaving their job may be giving off cues that others can

    Read More
  • Merger & Acquisition +

    Deal Activity Generates Merger & Acquisition Activity

    Deal Activity Generates Merger & Acquisition Activity

    Merger and acquisition (M&A) activity in the North American power and utilities industry increased in the fourth quarter

    Read More
  • Management Styles +

    What You Are Best At, Could Be Your Biggest Problem

    What You Are Best At, Could Be Your Biggest Problem

    In the book “Fear Your Strengths”, authors Robert Kaplan and Robert Kaiser say that many

    Read More
  • Senior Management Issues +

    Senior Management Is Increasing Efforts To Combat Money Laundering

    Senior Management Is Increasing Efforts To Combat Money Laundering

    Attention being paid by senior management to money laundering challenges is at an all-time high according

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  • Technology Issues +

    The OTP World Has Changed

    The OTP World Has Changed

    The strong authentication and one-time password (OTP) market is seeing steady growth due to several factors: the movement to cloud-based

    Read More
  • Private Sector Issues +

    Private Company CEOs More Optimistic

    Private Company CEOs More Optimistic

    According to PwC US's latest “Private Company Trendsetter Barometer”, 43 percent of private companies have signaled confidence in the world

    Read More
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Disclaimer:

These articles are reprinted with the permission of PR Newswire Association LLC and the views and opinions expressed do not necessarily represent those of Whitney Partners.

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Bios-MichaelZinn

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