Business planning
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7. How far ahead does your formal planning process account for?
21
Less than 1 year
49
More than 1 but less than or equal to 3 years
21
More than 3 but less than or equal to 5 years
5
More than 5 but less than or equal to 10 years
1
More than 10 years
3
We don't have a formal plan
1
Don't know
8. What is the most successful initiative you have put in place that has increased your business profitability?
13
Pricing strategy
12
New management structure
3
Outsourcing
12
Productivity review
20
Product innovation
1
Use of external advisors
3
Brand re-design
3
Expansion of workforce
11
Strategic investment
18
Cost cutting
4
Don't know