RELO
Regina Executive Leadership Outlook
Executive Confidence Index 3.0
Confidence Index Index Average
2.60 2.5
2.39
2.36
2.32
2.0
2.22 2.13
2.21
2.16
2.21 2.04
2.09
2.13
2020 Q3
2020 Q4
1.89 1.5
1.0
2017 Q4
2018 Q1
2018 Q2
2018 Q3
2018 Q4
2019 Q1
2019 Q2
2019 Q3
2020 Q1
2020 Q2
The RELO confidence index, based on a rating out of 3, is a composite snapshot score to help us quickly understand the future hiring intentions, investments, sales, and profitability of executive leaders across our city.
Which of the following best describes your view about the COVID-19 pandemic? The worst is still to come The worst is behind us I’m not sure
100% 80% 60% 45% 40%
39% 33% 27%
20% 0%
44% 37% 34% 21%
2020 Q2
2020 Q3
19%
Overall, business leaders continue to express uncertainty about the effects of the pandemic. While multiple vaccines are on the horizon, the immediate effects of the second wave are taking a toll on some businesses.
2020 Q4
ABOUT THIS REPORT Economic Development Regina (EDR), in partnership with Praxis Consulting (Praxis), began a quarterly publication entitled, “Regina Executive Leadership Outlook” in September 2014 that captures the thought leadership of senior business leaders in the Greater Regina Area (GRA) on key issues facing Regina and surrounding areas. The survey is distributed to a list of approximately 75 senior business leaders. The survey has a standard component entitled “The Economic Outlook.”
This is a set of static questions asked each quarter that inform a unique Executive Confidence Index. This index is used to measure how confident executives are in Regina’s overall economy across each quarter. To view previous reports, click here. For more information, contact: Chris Bonk, Communications Senior Manager, Economic Development Regina ( P: 306-565-6388) or Valerie Sluth, CEO, Praxis Consulting ( P: 306-545-3755) .
Number of people your firm employs Past 12 months (actual)
Decreased
Increased
Stayed the same
Next 12 months (expected)
80%
80%
70%
70%
56%
60%
60%
50%
50%
44%
40%
40%
33%
30%
30%
30%
15%
20% 10%
22%
20% 10%
0%
0% 2018 Q4
2019 Q1
2019 Q2
2019 Q3
2020 Q1
2020 Q2
2020 Q3
2018 Q4
2020 Q4
Sales Revenue
Decreased
Past 12 months (actual)
2019 Q1
2019 Q2
Increased
2019 Q3
2020 Q1
2020 Q2
2020 Q3
2020 Q4
Stayed the same
Next 12 months (expected)
80%
70%
80%
70%
70%
60%
60%
50%
50%
40%
40%
30%
22%
20%
63%
30%
22%
20%
7%
10% 0%
10%
15%
0% 2018 Q4
2019 Q1
2019 Q2
2019 Q3
2020 Q1
2020 Q2
2020 Q3
2020 Q4
Profitability
2018 Q4
Decreased
Past 12 months (actual)
2019 Q1
2019 Q2
Increased
2019 Q3
2020 Q1
2020 Q2
2020 Q3
2020 Q4
Stayed the same
Next 12 months (expected)
80%
80%
70%
63%
70%
60%
60%
50%
50%
40%
40%
30%
22%
20%
37% 33%
30%
30%
20%
10%
15%
0%
10% 0%
2018 Q4
2019 Q1
2019 Q2
2019 Q3
2020 Q1
2020 Q2
2020 Q3
2020 Q4
2018 Q4
2019 Q1
2019 Q2
2019 Q3
2020 Q1
2020 Q2
2020 Q3
2020 Q4