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News and perspectives
In order to respond to these threats effectively, firms will need the right teams in place but, as our third key insight demonstrates, hiring and retaining the right talent remains a challenge amid a widescale skills shortage and with inflation adding to firms’ labour costs.
International Business Report Three threats the mid-market saw coming for 2023
The second area of key insight identifies how this adaptability allows leaders to be constantly looking for opportunities, even as they are faced by some very real threats. The research shows that prime among the issues weighing on their minds are economic uncertainty, inflation and the risk of cyberattack, but they will also be only too aware that current economic turbulence may create other threats.
International Business Report Trading places
Mid-market firms using international supply chains have faced significant disruption and headwinds as a consequence of the war in Ukraine, the long tail of COVID disruption, and wider geo-political tensions. However, despite ongoing economic uncertainty, many international business leaders continue to see international trade, and particularly exports, as a key driver for growth.
INTERNATIONAL BUSINESS REPORT The mid-market minds
Entrepreneurial spirit maintains optimism as firms look past slowdown and plan for growth. Business leaders across the globe began this year with a sense of caution. According to data from the International Business Report (IBR), Grant Thornton’s global survey of mid market companies, optimism among business leaders had fallen to 59%, down from a recent high of 70% at the end of 2021.
4 min read |
Our Advisory team tells of its experience of collaboration with the National Ministry of Tourism and Sports in the execution of the Plan for Aid, Training and Infrastructure for Tourism (PACIT) during the COVID-19 pandemic.
4 min read |

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