EASA R9 Weekly Survey_Week 2

General Industry Business Survey 2024
Please take a moment to participate in our annual General Business Survey.

Our committees members have collaborated on the survey questions bringing their industry expertise. Your responses will help provide an overview of the current state of our industry, identifying trends, challenges, and opportunities.

Important: The results will be discussed during the one-week EASA Digital Coffee meetings on Monday, February 19, 2024, at 11AM CET.

We encourage you to answer all questions and provide detailed responses.
Name*

First NameLast Name
Are you an EASA Member?*

yes, an Active memberyes, an Affiliate membernot yetI am considering to become a member
1. In the second half of 2023, my company has experienced:

Significant improvementSlight improvementUnchangedSlight declineSignificant decline
2. In the first half of 2024, I expect my company to experience:

Significant improvementSlight improvementUnchangedSlight declineSignificant decline
3. In terms of supply, I expect my company to experience:

Significant improvementSlight improvementUnchangedSlight declineSignificant decline
4. In the second half of 2023, the number of employees in my company experienced:

Significant improvementSlight improvementUnchangedSlight declineSignificant decline
5. In the first half of 2024, I expect the number of employees in my company to experience:

Significant improvementSlight improvementUnchangedSlight declineSignificant decline
6. In the second half of 2023, the debtors collection in my company experienced:

Significant improvementSlight improvementUnchangedSlight declineSignificant decline
7. In the second half of 2023, the cash flow in my company experienced:

Significant improvementSlight improvementUnchangedSlight declineSignificant decline
8. What do you consider to be your biggest challenge during the next 6 months?
9. What are your main concerns for the next 6 months?
10. What are the opportunities that you have identified for the next 6 months?
11. What are the main trends you foresee for our industry in the future?
12. Which specific business topics would you like to discuss with EASA members in a workshop with them?
13. Given the current energy crisis do you foresee any of your customers closing down specific segments or their entire factories?

YesNo
14. Are you noticing an increasing demand from your customers for energy-saving solutions in their motor systems?

YesNo
If yes, what do you propose?
15. Do you focus on energy savings in your workshops/operations?

YesNo
If yes, where do you start first?
16. Have you begun reporting on sustainability to either customers or local municipalities, addressing aspects such as CO2, NOx, etc.?

YesNo
17. How would you describe your experiences and challenges in the recruitment and retention of personnel? Please select the option that best reflects your situation.

Struggling to acquire qualified personnel.Utilizing third-party assistance for recruitment.Facing difficulties in retaining personnel due to competition from other growing industries.Not encountering any challenges with the recruitment or retention of personnel.
18. How many hours of training does your average workshop technician receive per year?

Less than 10 hours10 to 50 hours50 to 100 hoursMore than 100 hours
19. Who is handling your marketing?

We have various country offices and our marketing is managed centrally from headquartersWe have various country offices and each manages its own marketingWe don’t have a marketing department, someone from another department does this on the sideWe don’t have a marketing department, we only use external help by agenciesOur marketing department consists of 1 expertOur marketing department consists of 2-3 expertsOur marketing department consists of 2-5 expertsOur marketing department consists of more than 5 experts
20. Is your company spread across several locations?

No, we only have one central locationYes, we have more than one locations but all in our home countryYes, we operate different international locations
21. What percentage of your turnover is allocated to marketing and communication services, including agencies, market research, consulting, advertising, media placements, production costs, and usage fees?

Less than 0.1% of turnover1% - 2% of turnover3% - 5% of turnover5% - 10% of turnoverMore than 10% of turnover
22. Does your interest in Remote Condition Monitoring include: (please select 2 options)

Round table discussionsBusiness modelsCase studiesData sharingGetting startedHardware selectionSoftware/Platform solution
23. Do your customers invest in sensors to better monitor their motor Systems?

YesNo
24. How does your organization approach staff retention? (you can choose more than 1 option).

Increased remunerationProfessional Development OpportunitiesAdditional holidaysFlexible working hoursFinancially supported training
25. Does your company conduct exit interviews, and if it does, what are the primary reasons employees choose to leave?
26. Are you struggling to attract young engineers into your business?

YesNo
If yes, why and how do you think EASA can help?
Which trades do you feel there is a critical shortage off?
27. Do you struggle to train your apprentices and graduates?

YesNo
If yes how can EASA provide you with additional support?
28. Do you benefit from EASA branding when dealing with customers, and do they recognise this as added value?

YesNo
If yes, kindly specify the value they recognise.
Any comments, suggestions, ideas, requests, for your EASA Europe Asia Africa Chapter?
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General Industry Business Survey 2024