2007 NYSE CEO Report Finds Corporate Leaders Primarily Value People for Growth
2007 NYSE CEO Report Finds Corporate Leaders Primarily Value People for Growth
NEW YORK, N.Y. (PRWEB) August 15, 2006 -–
NYSE Group, Inc. today released the findings of its 2nd Annual NYSE CEO Report conducted by Opinion Research Corporation. Perspectives of top leaders of more than 200 of the world’s best companies suggest that the rules for corporate success are changing. Covered issues in the 2007 survey ranged from growth opportunities and risks to technology ROI, regulatory compliance, globalization, human capital and reputation management. According to Noreen Culhane, Executive Vice President of the NYSE Group, “The 2007 NYSE CEO Report provides the valuable perspective on issues facing CEOs around the world and is a benchmark for gauging expectations for tomorrow’s business climate.”
More than three-fourths of CEOs (76%) viewed management teams as having the greatest impact on their organization’s revenue growth, with new technology (63%) and new product development (62%) vying for second place. According to Jeffrey T. Resnick, Executive Vice President and Global Managing Director of Opinion Research Corporation, “A key underlying message in the 2007 report is one of valuing people. CEO’s today clearly recognize that organizations must be living, breathing organisms whose success depends on the cumulative actions and passions of the people that bring a company to life.”
Other significant themes include what Resnick refers to as the “partially unfulfilled promise of technology,” globalization of operations and the challenging regulatory environment. While 6 in 10 CEOs expect spending on technology to increase in 2007, only one-fourth claim the ROI of their organization’s technology investments have fully met or exceeded their expectations. Despite U.S. uproar about job loss, 77% of CEOs who have moved operations offshore claim the switch was successful and have no plans to repatriate. Nearly half of U.S. based businesses cited a 100% increase in compliance costs stemming from the Sarbanes-Oxley Act, with almost four in ten (39%) reporting that these costs have come at the expense of efforts to grow the business. Thirty percent of all respondents cite more engaged board members and improved investor confidence as positive outcomes of the more stringent regulatory environment.
As Resnick says, “This study reflects that CEOs increasingly recognize the importance of people in achieving sustainable growth, which is the key to their long-term success.”
The full survey findings can be downloaded from http://www.opinionresearch.com or http://www.nyse.com/ceoreport.
About Opinion Research Corporation
Founded in 1938, Opinion Research Corporation has been an industry innovator for nearly 70 years, delivering actionable insights to solve the toughest market research challenges of clients worldwide. The company conducts commercial market research programs as Opinion Research Corporation in the US and as ORC International outside the US. It also operates ORC Macro, a subsidiary specializing in social research programs for government agencies. The company is publicly traded with annual revenues approaching $ 200 million. For more information, visit http://www.opinionresearch.com.
About New York Stock Exchange
NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The NYSE is the world’s largest and most liquid cash equities exchange, providing a reliable, efficient marketplace where investors buy and sell listed companies’ common stock and other securities. Listed operating companies represent a total global market capitalization of over $ 22.9 trillion. For more information on NYSE Group, visit http://www.nyse.com.
Contact:
Poonam Jain
Excite Media Group, LLC
212-941-8499 x105
Carolyn Werbler
Opinion Research Corporation
609-452-5258
# # #
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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2007 NYSE CEO Report Finds Corporate Leaders Primarily Value People for Growth
2007 NYSE CEO Report Finds Corporate Leaders Primarily Value People for Growth
NEW YORK, N.Y. (PRWEB) August 15, 2006 -–
NYSE Group, Inc. today released the findings of its 2nd Annual NYSE CEO Report conducted by Opinion Research Corporation. Perspectives of top leaders of more than 200 of the world’s best companies suggest that the rules for corporate success are changing. Covered issues in the 2007 survey ranged from growth opportunities and risks to technology ROI, regulatory compliance, globalization, human capital and reputation management. According to Noreen Culhane, Executive Vice President of the NYSE Group, “The 2007 NYSE CEO Report provides the valuable perspective on issues facing CEOs around the world and is a benchmark for gauging expectations for tomorrow’s business climate.”
More than three-fourths of CEOs (76%) viewed management teams as having the greatest impact on their organization’s revenue growth, with new technology (63%) and new product development (62%) vying for second place. According to Jeffrey T. Resnick, Executive Vice President and Global Managing Director of Opinion Research Corporation, “A key underlying message in the 2007 report is one of valuing people. CEO’s today clearly recognize that organizations must be living, breathing organisms whose success depends on the cumulative actions and passions of the people that bring a company to life.”
Other significant themes include what Resnick refers to as the “partially unfulfilled promise of technology,” globalization of operations and the challenging regulatory environment. While 6 in 10 CEOs expect spending on technology to increase in 2007, only one-fourth claim the ROI of their organization’s technology investments have fully met or exceeded their expectations. Despite U.S. uproar about job loss, 77% of CEOs who have moved operations offshore claim the switch was successful and have no plans to repatriate. Nearly half of U.S. based businesses cited a 100% increase in compliance costs stemming from the Sarbanes-Oxley Act, with almost four in ten (39%) reporting that these costs have come at the expense of efforts to grow the business. Thirty percent of all respondents cite more engaged board members and improved investor confidence as positive outcomes of the more stringent regulatory environment.
As Resnick says, “This study reflects that CEOs increasingly recognize the importance of people in achieving sustainable growth, which is the key to their long-term success.”
The full survey findings can be downloaded from http://www.opinionresearch.com or http://www.nyse.com/ceoreport.
About Opinion Research Corporation
Founded in 1938, Opinion Research Corporation has been an industry innovator for nearly 70 years, delivering actionable insights to solve the toughest market research challenges of clients worldwide. The company conducts commercial market research programs as Opinion Research Corporation in the US and as ORC International outside the US. It also operates ORC Macro, a subsidiary specializing in social research programs for government agencies. The company is publicly traded with annual revenues approaching $ 200 million. For more information, visit http://www.opinionresearch.com.
About New York Stock Exchange
NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The NYSE is the world’s largest and most liquid cash equities exchange, providing a reliable, efficient marketplace where investors buy and sell listed companies’ common stock and other securities. Listed operating companies represent a total global market capitalization of over $ 22.9 trillion. For more information on NYSE Group, visit http://www.nyse.com.
Contact:
Poonam Jain
Excite Media Group, LLC
212-941-8499 x105
Carolyn Werbler
Opinion Research Corporation
609-452-5258
# # #
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
More NYSE Press Releases
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Web Marketing Association Names Best Investor Relations Web Sites
Web Marketing Association Names Best Investor Relations Web Sites
West Simsbury, CT (PRWEB) February 7, 2007
The Web Marketing Association is pleased to announce the winners of the 2006 Interactive Investor Relations Awards Competition (IIR Awards) for investor relations Web site development. Entries competed with peers within more than 50 industry categories as well as against an overall standard of excellence. Sites were judged on design, navigation, ease of use and use of technology to enhance the investor’s experience as well as specific content criteria relating to investor and financial communication.
The 2006 Best of Show IIR Award is presented to Cramer-Krasselt for [AirTran Airways 2005 Annual Report (NYSE: AAI) for their outstanding investor Web site located In the opinion of the competition judges, the site went beyond all others entered in the IIR Awards to provide investors and the financial community an interesting and compelling review of why investors should continue to invest in AirTran.
A complete list of the winning sites can be found at the interactive Investor Relations Award Web site at http://www.iiraward.org.
Other companies recognized for their industry leading investor relations Web sites are:
Site (Exchange:Ticker) – Award
Abbott (NYSE: ABT), Best Pharmaceuticals IR Site:
ABN AMRO (NYSE: ABN), Best Financial Services IR Site:
Advanced Growing Systems, Inc. (AGWS),Best Agriculture IR Site:
AirTran Airways (NYSE: AAI), Best Airline IR Site:
Allis-Chalmers Energy, Inc. (AMEX: ALY), Best Industrial Services IR Site:
Altria Group, Inc. (NYSE: MO), Best Consumer Goods IR Site:
Answers Corporation (NASDAQ: ANSW), Best Interactive Services/e-Commerce IR Site:
Blockbuster, Inc. (NYSE: BBI), Best Entertainment IR Site:
Central European Media Enterprises (NASDAQ: CETV), Best Broadcasting IR Site:
China Telecom Corporation Limited (NYSE: CHA), Best Conglomerates IR Site, Best Information Services IR Site:
ClearOne (OTCBB: CLRO), Best Office Equipment IR Site:
Danske Bank (OMX: DANSKE), Best Banking IR Site:
Dell Inc. (NASDAQ: Dell), Best Computer Hardware IR Site:
Duke Realty Corporation (NYSE: DRE), Best Real Estate IR Site:
FEMSA (NYSE: FMX), Best Beverage IR Site:
Genentech (NYSE: DNA), Best Biotechnology IR Site:
Healthstream (NASDAQ: HSTM), Best Education IR Site:
IMS Health (NYSE: RX), Best Health Care Service IR Site:
Interlink Global Corporation (OTCBB: ILKG), Best International Business IR Site:
Johnson & Johnson (NYSE: JNJ), Best Health Care Products IR Site:
Kellogg Company (NYSE: K), Best Food Industry IR Site:
Kyphon Inc. (NASDAQ: KYPH), Best Medical IR Site:
Legacy Communications Corporation (OTCBB: LGCC), Best Radio IR Site:
Marine Products Corporation (NYSE: MPX), Best Leisure IR Site:
Neste Oil (Helsinki: NES1V), Best Oil and Gas IR Site:
NetSol Technologies (NASDAQ: NTWK), Best Professional Services IR Site:
Nortech Systems, Inc. (NASDAQ: NSYS), Best Aerospace and Defense IR Site:
Pall Corporation (NYSE: PLL), Best Manufacturing IR Site:
Park Ohio Holdings Corporation (NASDAQ: PKOH), Best Diversified Business IR Site:
PotashCorp (NYSE: POT), Best Metals and Mining IR Site:
Promana Solutions (PLSU), Best Employment IR Site:
Publicis Groupe (NYSE: ), Best Advertising/Marketing Services IR Site:
Silverleaf Resorts, Inc. (AMEX: SVL), Best Hotel and Lodging IR Site:
Southern Company (NYSE: SO), Best Energy IR Site:
Stoneridge, Inc. (NYSE: SRI), Best Automotive IR Site:
Symantec Corporation (NASDAQ: SYMC), Best Computer Software IR Site, Best Technology IR Site:
Tejas Incorporated (OTCBB: TEJS), Best Brokerage IR Site:
The Asia Pacific Fund (NYSE: APB), Best Mutual Funds IR Site:
The Dow Chemical Company (NYSE: DOW), Best Chemicals IR Site:
The Home Depot (NYSE: HD), Best Retail IR Site:
The Procter & Gamble Company (NYSE: PG), Best Personal Care Products IR Site:
TrygVesta (OMX:TRYG), Best Insurance IR Site:
WCI Communities, Inc. (NYSE: WCI), Best Home Builders/Building Products IR Site:
Williams Partners, L.P. (NYSE: WPZ), Best Natural Resources IR Site:
Yahoo! (NYSE: YHOO), Best Media IR Site:
Yum! Brands Inc. (NYSE: YUM), Best Restaurant IR Site:
Additional sites were also recognized as Outstanding Websites. They are: Avaya Inc. (NYSE: AV), Devon Energy Corporation (NYSE: DVN), Arrow Electronics, Inc. (NYSE: ARW), eBay Inc. (NASDAQ: EBAY), CVS Corporation (NYSE: CVS),EDS (NYSE: EDS),Life Time Fitness, Inc.(NYSE: LTM), Haemonetics (NYSE: HAE), Catena Fastigheter AB (NYSE: NO), ERA Real Estate (NYSE: H), Colgate-Palmolive (NYSE: CL), Metso Corporation (NYSE), Finnvera (NYSE), SAP AG (NYSE: SAP), Time Warner (NYSE: TWX), SI International (NASDAQ: SINT), Tiffany & Co. (NYSE: TIF), PNM Resources (NYSE: PNM), Air Products (NYSE: APD), Fremont General Corporation (NYSE: FMT), DWS Scudder, Qualcomm Inc. (NYSE: QCOM), Smithfield Foods, Inc. (NYSE: SFD), ANSYS, Inc. (NASDAQ: ANSS), Bank of America (NYSE: BAC), Edison International (NYSE: EIX), Cisco Systems, Inc. (NASDAQ: CSCO), Bank of Montreal (TOR:BMO), EnPro Industries (NYSE: NPO), Air France-KLM (NYSE: AKH), Colony Capital Inc., Merrill Lynch (NYSE: MER), Freddie Mac (NYSE: FRE), Siemens AG (NYE: SI), Northern Trust Corporation (NASDAQ: NTRS), Aspreva Pharmaceuticals (NASDAQ: ASPV), Pinnacle West Capital Corporation (NYSE: PNW), Global Sources Ltd. (NASDAQ: GSOL), Kraft Foods Inc. (NYSE: KFT), W.W. Grainger, Inc. (NYSE: GWW), Warner Music Group (NYSE :WMG), Huntington Bancshares Incorporated (NASDAQ: HBAN), Cadence Design Systems, Inc. (NASDAQ: CDNS), EMC Corporation (NYSE: EMC), Deutsche Telekom, Inc. (NYSE: DT), Adstar, Inc. (NASDAQ: ADST), Callisto Pharmaceuticals, Inc. (AMEX: KAL), Titan Global Holdings (OTCBB: TTGL), Crown Crafts, Inc. (OTCBB: CRWS), Smart & Final, Inc. (NYSE: SMF), EDAP TMS S.A. (NASDAQ: EDAP), Cleveland-Cliffs, Inc. (NYSE: CLF), TODCO (NYSE: THE), Intervoice (NASDAQ: INTV), General Motors (NYSE: GM), and BASF AG (NYSE: BF)
Special recognition is also given to b2i Technologies, Inc. of Richardson Texas. For the second year in a row, B2i won more awards than any other participant, taking home 26 awards in the 2005 IIR Awards for their clients, including 17 Best of Industry Awards and 9 Outstanding IR Website Awards.
The interactive Investor Relations Awards are judged by individual and institutional investors, financial advisors, financial media, IR professionals and Web developers. Each site is judged on 35 different criteria, earning a score between 0 and 100 points. The highest score in a given category wins Best of Industry for that category. Remaining entries receiving a score of 80 points or greater receive the Outstanding Web site Award. All entries receive judges’ comments and feedback to help participants understand how their entry is viewed and to facilitate improvement.
The Web Marketing Association (WMA) was founded in Boston in 1997 as an organization dedicated to upholding professional standards of excellence in Web development. Members are advertising, marketing, public relations and Web professionals who share an interest in improving the quality of Web communications. Since its inception, the WMA has set the standard of excellence for overall Web site development with the annual WebAward Competition, a premier annual event for Web developers and marketers.
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©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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