DAVOS, Switzerland–(BUSINESS WIRE)–While 65% of European business leaders agree they are facing the most challenging operating environment ever, an even larger proportion (77%) are confident about their organizations’ capacity to accelerate growth in an economic downturn, according to a new report from Accenture (NYSE: ACN).
According to the “Accelerating Europe’s path to reinvention” report, rising energy costs are the top challenge impacting margins for European companies, mentioned by 19% of respondents, followed by supply chain disruptions (14%).
Despite these challenges, 81% of European business leaders believe their organizations are well-positioned to capture future growth, having overcome the pandemic.
Released at the World Economic Forum’s Annual Meeting in Davos, the report looks at the most pressing issues European companies are facing, their strengths and weaknesses, and how they can reinvent…
