Do your modernization initiatives rely on discretionary budgeting, or strategic budgeting?

Discretionary budgeting9%

Strategic budgeting58%

A combination of discretionary & strategic budgeting31%

Other (please explain in the comments)

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Director in Manufacturing2 years ago

It’s definitely strategic however in a downturn it usually has the largest % reduction first and from my experience doesn’t snap back during recovery as fast as it was reduced

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Yes37%

Yes, but not enough, we want/need to ramp up39%

No17%

No, but I expect this will change soon5%

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