greater cleveland middle market forum polling results
DESCRIPTION
Dr. Anil Makhija, Executive Director of the National Center for the Middle Market, presented the latest Q2 Middle Market Indicator results at the Greater Cleveland Middle Market Forum on July 24, 2012. Part of the presentation involved polling the audience to benchmark Cleveland's responses against the national average.TRANSCRIPT
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Questions
What is your expected revenue growth for the upcoming 12 months?
1. Decline
2. Flat
3. 1- 4% Growth
4. 5-9% Growth
5. 10+% Growth
What is your expected growth in employee base for the upcoming 12 months?
1. Decline
2. Flat
3. 1- 4% Growth
4. 5-9% Growth
5. 10+% Growth
What is your current confidence level in the local economy?
1. Highly Confident
2. Somewhat Confident
3. Unsure
4. Somewhat Unconfident
5. Highly Unconfident
What is the single greatest challenge facing your organization?
1. Ability to maintain margins
2. Cost of healthcare
3. Ensuring compliance with regulation
4. Cost of doing business
5. Regulatory uncertainty
If you had $1 of additional cash, what would you do with it?
1. Save it – Hold Cash
2. Invest it
in collaboration with
Results
What is your expected revenue growth for the upcoming 12 months?
Decline Flat 1- 4% Growth 5-9% Growth 10+% Growth0%
5%
10%
15%
20%
25%
30%
35%
9%
22%20% 21%
28%
4%
15%
33%
27%
21%
What is your expected growth in employee base for the upcoming 12 months?
Decline Flat 1- 4% Growth 5-9% Growth 10+% Growth0%
10%
20%
30%
40%
50%
60%
11%
55%
12% 11% 11%4%
37%30%
17%12%
What is your current confidence level in the local economy?
0%10%20%30%40%50%60%
23%
44%
0%
17% 16%4%
57%
27%
12%0%
What is the single greatest challenge facing your organization?
MMI ClevelandCost of healthcare Ability to maintain marginsCost of doing business Cost of doing businessAbility to maintain margins Regulatory uncertaintyEnsuring compliance with regulation Ensuring compliance with regulationRegulatory uncertainty Cost of healthcare
Rank Ordered - Greatest Challenge at the Top
If you had $1 of additional cash, what would you do with it?
49%51%
MMI
43%
57%
Cleveland