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Editor's Comments

May 15, 2008

Editor’s Page: Credit Crunch may have Surprising Results

John Pearson, Divisional President

A lot has happened in world finance markets since Rebekkah Marshall’s relatively optimistic assessment of the economic outlook in Chemical Engineering’s December 2007 issue. A welter of bad news about poorly made housing loans that were...

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Comments (1) for Editor’s Page: Credit Crunch may have Surprising Results
U.S. Business Leaders are responding to the Credit Crunch.

A survey of over 600 senior executives, many of them C-Suite - commissioned by Celerant Consulting, and carried out by the Economist Intelligence Unit (EIU), reveals that more than half of U.S. business leaders say their planned ‘change programs’ are a direct response to the economic downturn and the credit crunch.

Change programs are defined as structured approaches to implementing and managing change within a company.

The survey also found that 46% of U.S. leaders plan to increase their spending on change initiatives over the next 12 months, while only 16% intend to spend less.

For more information on the results of the survey, please contact Sarah Ellis at
Posted by Sarah Ellis on Thursday, June 5, 2008 @ 12:43 PM

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