Page 55 - Accelerating out of the Great Recession

ACCELERATING OUT OF THE GREAT RECESSION

industries, those executives working in the energy and utilities
industry and the commercial services industry were relatively
optimistic (neither industry was much affected by the downturn
until now), whereas those working in hotels, restaurants, leisure,
and real estate were the most cautious in their outlook.
Because a return to a precrisis level of economic vitality
seems unlikely, management teams all over the world will need
to reassess their strategies and priorities in order to be ready for
the new world of low growth.
And that will be just one of the “new realities” of doing busi-
ness in the years to come, as we will discuss in Chapter 2.

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