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Latest News

UK companies prepare for major expansion

by Personnel Today 9 Jul 2002
by Personnel Today 9 Jul 2002

More
than half of Britain’s largest companies are planning for major change or
expansion over the next 12 months, according to new research.

A
Mori poll on behalf of interim firm BIE has found that 51 per cent of those
with a turnover in excess of £20m anticipated major change or restructuring
later in the year.

A
further 30 per cent of the companies with a £20m turnover were likely to
expand, with 24 per cent forecasting an acquisition programme.

Senior
managers are also changing jobs more frequently with almost 30 per cent of
firms losing a senior executive in the last six months and 81 per cent of these
vacancies still unfilled.

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Two
hundred directors interviewed during the research indicated a preference for
interim managers with 91 per cent advocating them, compared to 73 per cent for
internal resources and 68 per cent for management consultants.

By Ross Wigham

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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Personnel Today
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