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Getting Growth: Business Growth Trends Across the Globe Research commissioned by Epicor Software and conducted by Morar Consulting

Getting Growth: Business Growth Trends Across the Globe

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Page 1: Getting Growth: Business Growth Trends Across the Globe

Getting Growth:

Business Growth

Trends Across the

Globe

Research commissioned by Epicor Software and

conducted by Morar Consulting

Page 2: Getting Growth: Business Growth Trends Across the Globe

Surveyed 2,450 business decision makers and employees in

businesses across 12 countries

The study surveyed

businesses in the

manufacturing,

distribution, retail and

lumber sectors

Page 3: Getting Growth: Business Growth Trends Across the Globe

The research paints a

picture of the

distribution of high

growth companies

around the world,

revealing trends about

the strategies they use

to get set for growth in

today’s dynamic

business environment

Page 4: Getting Growth: Business Growth Trends Across the Globe

The research questioned businesses about their growth in six specific areas to unveil the state of business growth globally

Sales/turnover growth

Product range growthProfit growth

Exports/overseas growth

Headcount/workforce growth

Geographic coverage growth

Page 5: Getting Growth: Business Growth Trends Across the Globe

64% of businesses across the globe managed to

grow their profits in the last year, leaving one-in-

three businesses struggling

Page 6: Getting Growth: Business Growth Trends Across the Globe

80% of businesses report profit growth in

India—but in Singapore just 34% of

businesses grew profits

Page 7: Getting Growth: Business Growth Trends Across the Globe

Around 65% of businesses in

the US have experienced

growth in their sales/turnover in

the last 12 months

That’s compared to almost

three-quarters (71%) of US

businesses that experienced

profit growth

Page 8: Getting Growth: Business Growth Trends Across the Globe

While 65% of businesses in Germany experienced

growth in their sales/turnover in the last 12 months,

only 58% managed to grow their profits

Page 9: Getting Growth: Business Growth Trends Across the Globe

Around three quarters of Chinese and Indian firms (74% and

73% respectively) and 63% of Mexican firms cited IT

investment as important, compared to a global figure of 54%

Page 10: Getting Growth: Business Growth Trends Across the Globe

39% Say Growth is ‘Challenging’How would you describe the nature of any growth you have experienced and its impact on

your business over the past year?

Page 11: Getting Growth: Business Growth Trends Across the Globe

40% Say ‘Planning and Strategy’ is Key

Growth InfluencerWhich of the following do you think has played the most important role in promoting a

positive influence on your business growth during the past 12 months?

Page 12: Getting Growth: Business Growth Trends Across the Globe

47% Say ‘Better Technology’ is Key to

GrowthWhat factors, if any, do you think could do the most to help overcome these

stresses/challenges?

Page 13: Getting Growth: Business Growth Trends Across the Globe

88% of those Businesses that Grew the Most

Plan to Invest in New TechnologyHow much investment of time/money is your business making in improving each of the

following areas at present? (mean score out of 10, where 10/10 = very high)*

Page 14: Getting Growth: Business Growth Trends Across the Globe

69% Plan to Invest Significantly in New

Systems and ProcessesHow much investment of time/money is your business making in improving each of the

following areas at present? (mean score out of 10, where 10/10 = very high)

Page 15: Getting Growth: Business Growth Trends Across the Globe

52% Expect to See Growth Impact From IT

Investments Within 12 MonthsWithin what timescale do you think this technology investment will have a positive impact on

your on the growth of your business?

Page 16: Getting Growth: Business Growth Trends Across the Globe

Business IT systems are becoming increasingly more intuitive, mobile and

accessible

Particularly for manufacturers, investing in enterprise resource planning

(ERP) systems integrate core business processes, automate repetitive

tasks, and help provide visibility to act on growth

Page 17: Getting Growth: Business Growth Trends Across the Globe

For more information

about the study,

visit here.

Get Set for Growth