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In April 2013, Benchmark Executive Search principal Packard Fancher phone surveyed 50 CEOs of innovative companies under $100M in revenue (both products & services) to determine if/how sequestration has impacted their businesses.

One thing is for certain: sequestration, or “see-frustration” as one CEO put it, is bad for business. A majority of the CEOs surveyed noted they have seen adverse effects in the areas of compensation, growth and overall workforce psychology.

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