Romanian managers are certain that in 2021 the Romanian economy will grow beyond the level of 2019, and this year their companies will obtain higher turnovers than in 2019, EXEC-EDU reports.
63.6% of Romanian managers believe that in 2021 their companies’ revenues will exceed those obtained in 2019.
Also, 54.5% of respondents believe that in 2021 Romania’s economy will grow above the 2019 level, while 27.3% believe that will regress to the level of 2019.
Asked about the economic consequences of the health crisis, 68% of managers believe that the coronavirus pandemic didn’t have the same negative impact as the 2008-2009 crisis.
The high level of uncertainty in the pandemic required the adoption of a new management model in the company for 81.8% of those surveyed.
For comparison, in the 2009 crisis only 50% of the managers surveyed changed their management model.
In terms of accelerating the process of digitisation, 81% of respondents say that in their companies processes were automated and digitized, while in the 2009 crisis only 9% of companies accelerated the process of digitization.
More than half (54.5%) of the respondents stated that the companies in which they work allocated training and development budgets for their management team last year.
Regarding remote work, 79.3% of managers say that companies will allow employees to work flexibly and partly remotely after the pandemic.