Perhaps we are looking at the slow crawl out of the recession: a CBI report published yesterday shows that UK manufacturers are more optimistic as the outlook for factories is at its most upbeat for over a year. Around 27% of firms are expecting to raise production levels this Autumn - a sure sign things are improving.
However, a report published in July claims that whilst UK companies are better placed to take advantage of an economic recovery than their US counterparts, it is their communication and skills gap that could let them down.
The McKinney Rogers report, undertaken with executives in over 100 large and medium sized companies, highlights that one of the biggest challenges for companies coming out of the recession will be to ensure their strategic plans are effectively and quickly implemented.
Businesses expect that their markets will be dramatically changed by the recession and the best will be able to capitalise on the opportunities that this presents. Despite UK companies being relatively able to adapt to the changing environment, disagreement and conflict in senior teams coupled with skills gaps at operational level and weaknesses in communicating internally will hinder recovery in many companies.
Changeworks Communications offer a strong solution to this through a programme of internal communications. Our Embodied Brand programme and our new 3 day course: ‘High Performance through Accelerated Business Conversations’, are powerful ways to accelerate your business out of the recession.
Watch the video to find out more: