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Doremus/'Financial Times' survey finds senior execs optimistic

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New York—More than half of senior execs expect global conditions to improve over the next six months, according to an updated “Decision Dynamics” survey by Financial Times and Doremus, New York.

The eighth annual study was based on an online survey of more than 500 global business execs, conducted in October.

It found that 56% of execs said they are optimistic about business prospects for their own industries over the next six months, compared with only 45% in last year's study.

Also, 65% of execs said they are optimistic about prospects for the own companies over the next six months, compared with only 49% last year.

“Based on these findings, we expect senior executives to increase their focus on developing new products and services, expanding into new markets and finding and retaining top talent,” said Daniel Rothman, director of research-Americas at Financial Times in a release.

“Though still relevant, the classic recessionary strategy of driving efficiencies through cost-cutting has seen a nearly 20% decline in importance compared to last year's survey,” he added.

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