RTTNews - New Zealand businesses are showing self-reliance in the face of the economic downturn, results of the 2009 Mood of the Boardroom survey jointly carried out by the Business NZ and the NZ Herald indicated Tuesday.

The survey of around 300 company directors and chief executives found that most of the firms had made productivity-related changes by improving systems, skills or technology.

Business NZ Chief Executive Phil O'Reilly said, Businesses are determined to grow productivity and help themselves through the downturn, rather than seeking government help.

Around 87% of larger businesses and 70% of smaller businesses said they had taken active steps over the last year to grow their productive capacity. That is an extremely positive finding, O'Reilly said.

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