Large firms prepare for major changes

Most large companies are planning for major change or restructuring over the
next 12 months, according to new research.

A Mori poll of 200 firms reveals that just over half of those with a
turnover in excess of £20m anticipate major change or restructuring later in
the year.

Almost a third (30 per cent) of the companies with a £20m turnover are
expecting to expand, with 24 per cent forecasting an acquisition programme.

The survey was carried out on behalf of interim provider BIE and managing
director Martin Wood said it highlighted the need for experienced change
managers. "This research shows how much change is taking place in British
business, and the pressing need for experienced managers who can come in and
offer instant advice and delivery," he said.

Managers at senior level are also changing jobs more frequently, with almost
30 per cent of firms losing a senior executive in the last six months.

The study shows employers are finding it increasingly difficult to replace
these executives, with 81 per cent of the vacancies still unfilled.

More than 90 per cent of directors prefer using interims when managing

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