Monday, April 9, 2007

Awareness does not equal action with performance

Almost 80% of CEO's in this survey say that "financial indicators alone do not adequately capture their company’s strengths and weaknesses." However, even though they are aware of these indicators, many are only now starting to measure and manage these areas. Hopefully, this means that companies are finally getting on the right path and are starting to realize that people are an asset!


New Deloitte survey: Companies still in the dark about their overall health
Board members and executives are more aware of the value of non-financial performance measures, yet their ability to monitor these remains inadequate
Published: 4/3/07
Contact: Madonna Jarrett
Deloitte Touche Tohmatsu
Director, Global Public Relations & CEO Comms
+1 212 492 3738

New York, April 3, 2007: Many board members and senior executives are still in the dark about the overall health of their organizations because they lack high-quality non-financial information. According to the second edition of the Deloitte Touche Tohmatsu survey, “In the Dark II: What many boards and executives still don’t know about the health of their businesses,” developed in conjunction with the Economist Intelligence Unit and released today, 78 percent of the CEOs surveyed say that financial indicators alone do not adequately capture their company’s strengths and weaknesses. Those surveyed admit they need information on non-financial performance indicators, but their ability to monitor these remains inadequate.

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