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MorganFranklin partners with FierceCFO to conduct inaugural study focused on revealing trends and perspectives of finance professionals preparing for smart, accelerated growth through M&A, geographic expansion, strategic hiring, and more.
McLean, Virginia (PRWEB) July 16, 2014
According to a 2014 research study released today by MorganFranklin Consulting, 43% of participants surveyed expect to complete a significant acquisition in the coming year. How Do Companies Plan to Grow in 2014? 2014 Outlook on Fast-Growing Companies is an annual study exploring growth-company trends and perspectives of finance professionals preparing for smart, accelerated growth. MorganFranklin, a D.C.-based execution-focused business consulting firm and professional advisor, conducted the study in partnership with FierceCFO, a publication of FierceMarkets and leading source of news and information for financial and accounting management professionals.
The study polled finance professionals, primarily C-suite executives and finance managers from a mix of industries including health care, financial services, government, technology, telecommunications, consumer goods, professional services, and media and entertainment. The researchers aimed to define what smart, accelerated growth means to finance professionals, assess growth expectations for 2014, and identify the top areas for hiring this year.
Study participants shared perspectives on growth strategies such as geographic expansion, strategic hires, mergers and acquisitions (M&A), synergies, macroeconomic drivers, revenue growth, research and development (R&D), and innovation. Specific questions included:
Despite modest revenue growth projections and the recovering economy, the results of our study indicate that fast-growing companies are eager to advance strategic investments and expand in-house capabilities to further drive growth through M&A, said Shawn Degnan, Managing Director and leader of the Growth Market at MorganFranklin Consulting, which helps venture and private-equity-backed companies prepare for initial public offerings (IPOs), divestitures, acquisitions, and continued growth. The study results signal that organizations are ready for accelerated growth and they are willing to make up-front investments in strategic M&A and future synergies. Growth companies understand that cost-cutting is no match for innovation.
To download the full study How Do Companies Plan to Grow in 2014? 2014 Outlook on Fast-Growing Companies, visit http://www.morganfranklin.com/Growth_in_2014.
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About MorganFranklin Consulting
MorganFranklin is a strategy and execution-focused business consulting firm and professional advisor. The company provides strategic thinking and hands-on support to help public companies, fast-growing private companies, and government clients manage growth and maximize performance. The firm delivers strategy, accounting and transaction services, risk and compliance, and information management and technology solutions. MorganFranklin is headquartered in Washington, D.C., and has supported clients in North and South America, Europe, Asia, and the Middle East. Learn more at http://www.morganfranklin.com.
MorganFranklin Consulting is the brand name referring to the global organization of MorganFranklin Consulting, LLC.
For the original version on PRWeb visit: http://www.prweb.com/releases/MorganFranklinConsulting/2014GrowthStudy/prweb12020762.htm
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