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A Quarter of Brazilian Executives Think Worst of World Crisis Is Over

Dawn in Sรฃo Paulo, Brazil All over the world, the number of executives who believe that the global economic crisis is diminishing has doubled. This is shown in study Executive Quiz, by Korn/Ferry Institute. According to information supplied by the institute, 13% of the executives interviewed in the research in late March said they believe that the global economy is improving.

Among those interviewed in early March, in the first research, just 7% were optimistic. The research targeted executives in over 70 countries, among them Brazil.

The differences between the answers of executives from Brazil in early and late March were also great. Whereas in the first period, 16% of Brazilian executives believed in the recovery of the global economy, in late March, those believing in recovery were already 25%.

The research also included other areas of interest to the business world, like the involvement of governments in company decisions. When enquired about what part must be played by the government in the decisions of companies regarding dismissals and the hiring of executives, 83% said that there should be no government interference.

Regarding government help to companies, 11% of those interviewed believe that the government is responsible for helping companies out of the crisis. Another 16% believe that their own businesses are responsible for that and 17% believe that the responsibility is of consumers. Most, or 56%, believe the three factors are important.

"The hope of all is that we may have reached rock bottom and are now heading for recovery. However, the results of our research show conflicts between government and companies, and these relations need adjusting," analyzed Sergio Averbach, chairman of Korn/Ferry International – South America.

Anba

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  • Show Comments (7)

  • Suimpleton

    So So
    Can’t claim ch’s prognosis of his conditions as being applicable to me but I haven’t been hurt (not yet anyway) other than if you use July 07 as your point of reference.

  • ch.c.

    Wellllll…welllllll…..
    I am doing extremely Well !!!

    Just refer to my blogs months ago.

    Thank you.

    ๐Ÿ˜€ ๐Ÿ˜‰ ๐Ÿ˜€ ๐Ÿ˜‰ ๐Ÿ˜€ ๐Ÿ˜‰ ๐Ÿ˜€ ๐Ÿ˜‰

  • Suimpleton

    Whether

    profoundly

    scents

    (Or as toucan sam would say, follow your nose it always knows but don’t cut it off to spite your face.)

  • Suimpleton

    Points!
    Wheher you shave them, sharpen them or stick them in the wild boar to feed your family – you have to pay close attention to the points. JDS/VC, nice one’s.

    Following the herd is what the majority does even if that means it’s straight off the cliff in front of them. Heading in a contrarian direction takes alot of guts, stamina, . . . and something less than a thin skin (like in a fat wallet).

    Time to give bo a good laugh, I suspect he’s hurting profondly and will never recover – that would be my guess as to what is required here – does he or does he not like my rough math, flawed data and guestimates?

    Perhaps DnB can be persuaded to get out of his head (and the drum rhythms beating therein) and sing us all a pslam – oops, sorry, that would be the snake man or the worm driving whatever is inside him not our favorite bloater fish puffing out his wistful dreams.

    Make cents to you Costinha?

  • VinnyCarioca

    [quote]”The hope of all is that we may have reached rock bottom and are now heading for recovery. However, the results of our research show conflicts between government and companies, and these relations need adjusting,” analyzed Sergio Averbach[/quote]
    The recent U.S. government bank “stress test” shell game is a good example of this.
    http://online.wsj.com/article/SB124182311010302297.html

  • VinnyCarioca

    A Quarter of Brazilian Executives Think Worst of World Crisis Is Over
    The other 75% = The smart money ๐Ÿ˜‰

  • J. da Silva

    [quote]A Quarter of Brazilian Executives Think Worst of World Crisis Is Over [/quote]

    it is very important to be optimistic in these troubled times and the business leaders have to transmit this message to the market. Our distinguished fellow blogger Ch.c will no doubt agree with me.

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