2011 was dramatic and game changing for the world—The Arab Spring sprouted hope of democracy, though not without pain. Mother nature confounded us with earthquakes and violent weather and we extended our hand to and were impressed with the courage of so many, facing such challenges.
2012 looks to be a very dramatic year. Fareed Zakaria pointed out that 2012 will witness 59 countries—a third of the world—holding major elections. With historic decisions facing so much of the world's population, a year of dialogue and drama is sure to ensue.
Although the numbers are not all in yet, there were modest but steady gains on the economic front. I found it interesting that many of our customers told us in 2011, "Though the economy is bad, we are having a great year . . ."
52 economists polled doubt we will have a recession.1 The Dow ended the year up 6% and unemployment in the US has dropped.
On the home front, “Households have actually made a lot of progress in terms of working down that debt,” says Greg Ip, U.S. economics editor of the Economist magazine. Credit card companies in December reported the lowest delinquency rates in years.2
Though we can't claim the powers of Nostradamus, we can all share our insights and plans for 2012.
You can participate in our research. Go to the 2012 Business Priorities Survey to share your key challenges and business priorities for the coming year. It won't take long (only 10 content questions) and participants receive a copy of the survey results. All answers will be kept strictly confidential. Individual data and responses will not be shared. Only aggregated data will be presented. We will publish the results starting in mid-January.
We look forward to sharing with you these and many more insights throughout the year.