More than 2,000 managers surveyed are consistently optimistic about the economic prospects
Moore Global, the global network for accounting, auditing and advice, has introduced the Thrive Index, a unique insight into the concerns and strategic thinking of managers of ambitious companies all over the world.
The first edition of the Thrive index shows that medium-sized companies that form the backbone of the global economy, despite the confusion about tariffs and persistent geopolitical tensions, generally look optimistically into the future.
Moore Global interviewed more than 2,000 managers in 14 of the most important economies in the world on five key areas: general assessment of the corporate environment, income, costs, labor market and investments.
The values of the Thrive index result from the balance of the positive answers minus the balance of negative answers. The evaluation takes place on a scale from -100 (absolutely negative) to +100 (absolutely positive).
The value for the first thrive index is +35.1, which indicates a positive attitude of managers in medium-sized companies. Almost 75 % of respondents improved their business results last year.
The highest value was achieved in India at +48.7, which is due to particularly strong reports on sales, personnel and investment growth. In contrast, four of the five lowest values were achieved in the European Union, which reflects the slow growth prospects for the economic area.
In the case of industry, the IT sector recorded the highest value (+44.2), while wholesale formed the bottom of +17.6. However, when wholesalers take a look at the coming year, their mood is much more positive, especially in terms of sales and employment expectations.
Anton Colella, CEO of Moore Global, said: “Our results are fascinating and illustrate the agility of ambitious medium -sized companies. They invest more in personnel and technology to get an advantage in a difficult economic environment.”
You can download the full report here: https://www.moore-global.com/intelligence/the-key-strategies-that-make-mid-market-businesses-thrive/
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