The graph below was created using Google’s graphing tools.
The graph shows the top 9 initiatives that top executives at chemical companies plan to take in 2013 and 2014.
The data in the graph was obtained by KPMG International in a 2012 KPMG survey of approximately 155 top US, European, and Asian Pacific chemical company executives. The executives were asked to select the top initiative planned. The graph shows the selections by percentage.
Click here to go to the KPMG report showing the results of this survey.
Besides top management initiatives, other areas surveyed and reported on include: cash on hand; planned capital expenditures; highest strategic priorities; and expected revenues.
Interesting in the results is the high percentage of respondents who selected making significant changes in their business model as the top priority. Just what this means with respect to the other initiatives that could have been selected, e.g., new products and geographic expansions is not clear, except that it suggests problems with the current business model.