2019 Survey Highlights：Growth: 81% of manufacturers expect their revenue to increase in 2019, and 61% expect their overall sector to expand in 2019. Economy: Optimism for the regional and national economies has increased by more than 12 percentage points over the last two years.Priorities: Manufacturers’ top three priorities are growing sales, improving profitability, and addressing the workforce shortage.Challenges: Most manufacturers (52%) cited labor/talent as their greatest barrier to growth, followed by competition (34%), and profitability (25%).The survey identified three key growth strategies manufacturers will use to keep their companies on a growth track: technology, mergers and acquisitions, and talent management.Technology: Manufacturers plan to leverage technology as the key to solving productivity concerns; 76% said that they will investigate/prioritize cybersecurity in 2019, and 43% said they will prioritize Big Data/ERP/IoT.M&A: More manufacturers are considering a merger/sale or acquisition in 2019; 21% expect to acquire another business in 2019 and 16% are in the pre-planning stage of a merger or acquisition.Talent: Faced with a growing labor shortage, manufacturers have turned to a range of tools to improve hiring and retention with 62% increasing compensation, 39% implementing retention strategies, and 35% using internal training programs.

来源：January 25, 2019 by Leading Edge Alliance

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