Monday, November 24, 2008

CEO Confidence Index going down....

Index

October, 2008

September, 2008

Monthly Change

CEO Index

58.2

100.5

-42.3

Current confidence Index

76.4

104.9

-28.5

Future Confidence Index

45.9

97.5

-51.6

Business Condition Index

36.9

102.5

-65.6

Invest Confidence Index

81.9

98.3

-16.4

Employment Confidence Index

51.5

100.9

-49.4

Hi Everybody, after a long gap I am here and for now I am neither going to write anything about the Index of the Share market nor about the big Companies cutting down their costs and expenditure by various ways. This time let me put the thing which is really of great importance and value for both the B and L(Business and Life). I am talking about the Great Brains and the People back to these big Changes in the Business world...the CEO’s...I was going through a very interesting fact put by one of the Site which coins a term called as CEO Index for Confidence etc...
So the thing became more of interest for me when I came to the fact that the index shows a downfall in those values for the CEO’s. That is really not a big deal and also not very amazing to note during this course of time. Everything is going random and the forecast are proving to give the negative results. Now those people are also human beings having some limits.. so this is not a big matter of surprise if their confidence index goes down....
But have you ever thought that what build their confidence? Is that the market conditions? Their Will power? Their Forecasting approach? Their Position? Their Work Pressure? Their Product's/Service's Positioning in the Market? The Business they deal with or the Life they live? I don't know... and to give an opinion the answers may be many ...
According to the Chief Executive Magazine,
The CEO Confidence Index plummets 42.3 points to a record low of 58.2 points in October, based on a polling of 309 business executives...
one can also see the changes which happened in between the two consecutive months of Sept and Oct in the Confidence, Investment, Future confidence etc..
So what all are the factors behind this can be a very interesting topic to search. Is that only the US fin crisis ...oh that is obvious but if Obama is creating Change in the same course of time with the such conditions and pains in his head then why cant they is a big question...
So let us think about these interesting and Societal topics to get the World @ Power..

The link for the Chief Executive