A lack of trust, stricter regulations, increasing requirements in the area of corporate governance and stronger competition have created an unstable environment for the financial sector. The sector must fall back on the government to survive and the influence of regulatory authorities is becoming greater. And yet, the current market situation also offers opportunities for growth.
To compete or work together. Customisation or standardisation. Increase turnover or lower costs. To achieve more efficiency and the ability to innovate, one relies on sound strategic decisions. Manufacturers are struggling with stricter legislation for financial reporting and risk management. Although this may be viewed as a drawback, these standards and guidelines can contribute to the healthy future of the sector.
Now that the global economy is improving, the logistics sector is showing clear signs of recovery. Nevertheless, cost saving and efficiency improvement continue to be important themes for logistics service providers. Ever changing market conditions require new and sustainable earnings models which guarantee continuity. Strong business starts with control of your processes, people and means.
The economic crisis, the increasing aging of the population and a strong social call for transparency. Important challenges that the public sector is confronted with. The government, moreover, is pushing hard to also reduce government expenditure. Better operational management is an important key to an efficient and decisive government.
The education sector must also tighten its belt while ambitions call for quality improvement. To do more with less money demands real decisions. The time has come for a shift to a cost-conscious culture. The education sector needs to meet a significant challenge head-on. The demand for highly trained people is rising to ensure we can stand up to the increasing aging of the population and international competition.