Future Forecast 2015-16 Infographic

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Transcript of Future Forecast 2015-16 Infographic

Page 1: Future Forecast 2015-16 Infographic

THE GLOOMIEST OUTLOOK SINCE 2012.

The Future Forecast for 2016.

Optimism is lowest since 2012.

Organisational priorities for 2016 are money, productivity

and performance…

British managers have the gloomiest outlook for their organisations and the economy since 2012, according to CMI’s annual Future Forecast survey. The survey was completed

by 1,089 managers across the UK and looks at trends and plans for the year ahead.

Just 60% of managers enter the New Year in an optimistic frame of mind.

37% expect a reduction in headcount in 2016 – on top of the 46% that reported redundancies in 2015.

29% of firms undershot their business targets for 2015 and only 18%

managed to exceed expectations.

When it comes to morale, the public sector is by far the most pessimistic.

59% expect morale to drop compared to 32% in charities and 26% in the private sector.

1 OECD Total Factor Productivity 2015

UK lagging behind Italy, France and the US

Cost control

Improving productivity

75%

61%

Managing performance60%

...which chimes with the fact that the UK is lagging

behind when it comes to productivity1.

USA

FRANCE

ITALY

UK

Page 2: Future Forecast 2015-16 Infographic

To see more go to www.managers.org.uk/futureforecast or join us at #FutureForecast

“The number one factor affecting productivity is quality of management and leadership. Managers can’t work effectively

with their hands tied behind their backs. We know that two in five managers don’t feel empowered to take necessary decisions; so

it is little surprise that so many firms report they are bloated by bureaucracy. Employers must make it their New Year’s resolution to

provide them with the skills and autonomy to succeed.”Ann Francke, CEO, Chartered Management Institute

The top 3 barriers to productivity To tackle the issues, managers suggest:

Bureaucracy Improving management and leadership skills

Organisational culture Changing the culture

Outdated technology Investing in technology

30% 31%

27% 25%

22% 24%