Large firms prepare for major changes

first_imgMost large companies are planning for major change or restructuring over thenext 12 months, according to new research. A Mori poll of 200 firms reveals that just over half of those with aturnover in excess of £20m anticipate major change or restructuring later inthe year. Almost a third (30 per cent) of the companies with a £20m turnover areexpecting to expand, with 24 per cent forecasting an acquisition programme. The survey was carried out on behalf of interim provider BIE and managingdirector Martin Wood said it highlighted the need for experienced changemanagers. “This research shows how much change is taking place in Britishbusiness, and the pressing need for experienced managers who can come in andoffer instant advice and delivery,” he said. Managers at senior level are also changing jobs more frequently, with almost30 per cent of firms losing a senior executive in the last six months. The study shows employers are finding it increasingly difficult to replacethese executives, with 81 per cent of the vacancies still unfilled. More than 90 per cent of directors prefer using interims when managingchange. Comments are closed. Previous Article Next Article Related posts:No related photos. Large firms prepare for major changesOn 16 Jul 2002 in Personnel Todaylast_img read more

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