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With a new administration and a Republican-led Congress that has already started implementing its agenda for major policy changes, manufacturing CFOs are navigating a business environment characterized by uncertainty and disruption. Tax reform and regulatory rollbacks are looming large in a future that presents both risks and opportunities.
How do manufacturing CFOs take these changes in stride? Grant Thornton’s 2017 CFO Survey revealed that manufacturing CFOs are waiting to see how the policy developments of the new administration are going to hit their business. In the meantime, it’s business as usual in an environment of pervasive optimism.
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About the research
Grant Thornton’s 2017 CFO Survey looked at how more than 400 senior financial executives see the current state and the future of their business in the areas of risk, technology, investment and strategy. The survey also focused on identifying the challenges these executives face in adopting efficient solutions in these four areas. Of the survey respondents, 93% represent the middle market (companies up to $1 billion) and 92% are CFOs. Manufacturing was represented by 25% of all respondents. The survey was conducted from Nov. 22, 2016, to January 16, 2017.