Presentation on theme: "Europe New Leaders wake sleeping giants. Overview The upturn in Europe’s traditional cyclical productivity is stronger and better than before because:"— Presentation transcript:
Overview The upturn in Europe’s traditional cyclical productivity is stronger and better than before because: a.New leaders are running Europe’s businesses; and b.New leaders are running key European economies
Europe – Productivity Cyclical economy Productivity has recovered from a depressed level Productivity now similar to the US
New leaders are running Europe’s businesses Globalisation of business flows New managements embark on corporate restructuring Dramatic fall in units labour costs
Will the Giants remain alert? Corporate managers remunerated for generating shareholder returns Privatisation has severed historic links between companies and governments/states New shareholders focused on higher returns
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