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Creating opportunity in adversity - Ernst & Young - Ukraine

Creating opportunity in adversity

The global financial crisis is having a huge impact on the environment in which your business is operating.

Market capitalization and asset valuations are declining. Energy and commodity prices are fluctuating. Environmental and political issues are contributing to adverse business pressures. Gaps in power between developed and emerging countries are narrowing.

Despite unprecedented government intervention to boost spending and restore confidence, most businesses are bracing themselves for even tougher conditions ahead.

But in these difficult times lie opportunities – and Ernst & Young’s global network of professionals can help you discover them for your business. Whether your organization is strong and healthy, under stress or facing difficult choices, we work with you to find financial, strategic and operational solutions that improve your liquidity, financial flexibility and stakeholder returns. We’re here to help you build a sustainable business – in the short and long term.


Impact of the economic crisis on Ukrainian companies

Ernst & Young’s fourth survey Impact of the economic crisis on Ukrainian companies shows that companies continue to respond to the economic downturn through cost reduction efforts as their forecast of profits in 2009 becomes less optimistic.

Press release


Ernst & Young’s annual European Attractiveness Survey

Inward investment into Europe was flat in 2008, according to Ernst & Young’s annual European Attractiveness Survey, demonstrating the global recession’s toll on investment projects into the region. 

Press release


Opportunities in adversity 

At Ernst & Young, we are interested in understanding how companies are reacting to the current crisis and learning from their experience and best practice. Uncertainty cannot be allowed to become inaction, performance is relative, a risk is an opportunity that has not yet been exploited. Whatever a company's position in the current economic climate - from cash-rich to deeply distressed - there is now a great need for decisive management action. There is opportunity in the adversity of the worst of markets. Find that opportunity right now.


Global megatrends 2009 

The world is changing more rapidly than ever. Globalization continues its march. The financial landscape is in turmoil, driving increased regulation. "Global megatrends 2009” presents an Ernst & Young perspective on the most important themes that are likely to play out in the near future, and what we need to think about to prepare ourselves for it.

 

Worldwide fiscal stimulus — tax policy plays a major role

Governments around the world are fighting the first global recession we've experienced since World War II, and tax measures are playing a major part - 56%, according to recent OECD figures - in the range of stimulus packages being rolled out globally. Tax policy has gone global in a major way, and in this study from Ernst & Young, tax measures in 24 major jurisdictions are analysed, and a key set of common themes are apparent, resulting in both challenges and opportunities for the tax function. Read more in Worldwide fiscal stimulus - tax policy plays a major role.

Press release 


The 2009 Ernst & Young business risk report
The top 10 risks for global business

Ernst & Young continues to be heavily engaged around the world in seeking to identify leading practices in the area of risk management. By aggregating the findings of our research in 11 sectors, we have produced a list of the 10 most important business risks across the sectors – concerns that will be common to the leading firms in many industries.

Press release 


Opportunities in adversity – accelerating the change

A study of executives at 570 leading global companies shows the depth of the impact of the worldwide recession on corporates. The comparisons with a similar study in January also reveal that while the white heat of the crisis has passed, the majority of companies are still focused on survival although there is a significant minority who are looking to take advantage of the situation to pursue new opportunities.

Press release
Lessons from change

In 2009, Ernst & Young held more than 40,000 meetings with senior executives around the globe. We asked them how the downturn was affecting their business, then gathered those insights into Lessons from change. Learn which eight strategic actions companies should focus on now.

Finance performance improvement starts with framework

Amid signs of economic recovery, we suggest in The future of Finance (pdf, 248.8kb) that CFOs establish and implement a holistic framework that identifies weaknesses and potential improvements, and which helps enable Finance to be more effective, lower costs and help deliver more value to the bottom line.

Businessman looking outside window in empty office space, rear view

Opportunities in adversity: accelerating the change
 Opportunities in adversity - Rainbow over harvest 

How is your company responding to the financial crisis? We took a fresh look at this question with over 550 global executives. Here’s our update.

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