June 12th: Are You Prepared for the Next Recession?
It has been almost 10 years since our last recession, one of our longest periods of economic expansion. However, findings from the most recent CFO Survey, an initiative directed by Professor John Graham, show two-thirds of CFOs believe our next recession will begin by the third quarter of 2020. Is your business ready for an economic downturn?
Join Duke Executive Education and Dr. Graham for our next Business & Bagels event, where you’ll learn about CFO expectations for the recession, their best practices for managing through a recession, and other topical issues that Duke’s Fuqua School of Business Finance faculty explores with global CFOs through the survey.
CFO Predictions Offer Lessons
Despite an impending recession, Dr. Graham will explain that many companies expect moderate growth during the second half of 2019, the Business Optimism Index, and plans for capital spending, hiring, wages, and revenue growth. Like getting business advice from hundreds of accomplished finance executives, Dr. Graham will make sense of the range of survey responses CFOs offer on topics critical to managing your own business.
- Economic/business outlook for the remainder of 2019
- Best business practices in preparing for a possible recession in 2020
- Top business concerns—what keeps CFOs awake at night?
- The Optimism Index accuracy in predicting future hiring and overall GDP growth
The Global Business Outlook CFO survey has been conducted for 92 consecutive quarters and its reach spans the globe. The survey is one of 15 important leading economic indicators and is a trusted source used by high-impact decision makers, including the Federal Reserve.