UK economy predicted to see steady but subdued growth over next two years

The Confederation of British Industry (CBI) has today published its regular roundup of key economic indicators. The key facts are below. The CBI’s latest economic forecast predicts that growth will slow to 1.6% in 2017 and to 1.4% in 2018. While this marks an upgrade from the CBI’s previous forecast (of 1.3% and 1.1% respectively), much […]

UK manufacturing demand strengthens – latest data

By Terry Irwin |
Categories: Economy, Manufacturing
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Manufacturing firms reported that both their total and export order books had strengthened to multi-decade highs in June, according to the latest Industrial Trends Survey by the Confederation of British Industry (CBI). The survey of 464 manufacturers found that total order books climbed to the highest level since August 1988. This was underpinned by a broad-based […]

Do you give positive feedback to your employees?

By Terry Irwin |
Categories: Talent management, Employee retention and development
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Positive feedback has long been recognised as a characteristic common to all high‑performing businesses. However, many managers don’t feel comfortable giving praise – because, they say, it takes too much time and feels insincere or “too soft”. This video explains why giving sincere, positive feedback is so important, and when and how to do it.

How business mentoring put a declining company back on track

By Terry Irwin |
Categories: Business mentoring, Performance improvement
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After an encouraging first year, a marketing services agency suffered budget cuts and lost a major client. At year 2’s end, billings were just 20% of those enjoyed in year 1. See how six months’ mentoring led to a substantial increase in turnover and helped the managing partner to feel calmer and more in control.

Three in four HR professionals expect Brexit to escalate the war for talent

By Terry Irwin |
Categories: Talent management
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New research has revealed that UK organisations need to smarten up their hiring practices as the competition for skills hits record levels. Among the key findings: 72% of HR professionals expect competition for well-qualified talent to increase over the next 3 years, as a result of the UK’s decision to leave the EU. 75% of HR […]

UK economic growth eases amid squeeze in real incomes

The Confederation of British Industry (CBI) has today published its regular roundup of key economic indicators. It shows that the UK economy has grown more tepidly than initially estimated, against a backdrop of squeezed real incomes. The key facts are below. In its second estimate of Q1 GDP, the ONS unexpectedly revised down quarterly economic growth […]

UK services sector under increasing cost pressures

By Terry Irwin |
Categories: Economy, Services Sector
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Demand in the UK services sector was flat in the three months to May 2017, while rising costs caused profitability to decline. Those were the overall findings of the latest quarterly Service Sector Survey by the Confederation of British Industry (CBI). Business and professional services firms – which include accountancy, legal and marketing firms – […]

UK retail sales slow in year to May – latest data

By Terry Irwin |
Categories: Economy, Retailing
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Retail sales were broadly flat in the year to May 2017, following strong growth in April, according to the latest Quarterly Distributive Trades Survey by the Confederation of British Industry (CBI). The survey of 117 respondents also found that orders placed with suppliers fell modestly on a year ago, following robust growth in April. Year-on-year […]

Organisation design (Part 3): finding the right one for your business

By Terry Irwin |
Categories: Performance, Strategy
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My first post on this topic described what organisation design covers, and why it is so important. My second post outlined the various types of organisation structure. Today’s post, my final one on this topic, offers some guidelines to help you make organisation design decisions for your business. Given the many choices of structure, how […]

UK manufacturing output picks up pace

By Terry Irwin |
Categories: Economy, Manufacturing
Tagged With: , ,

Order books in the UK’s manufacturing sector improved on April, and output growth accelerated in the three months to May 2017, according to the latest Industrial Trends Survey by the Confederation of British Industry (CBI). The survey of 432 manufacturers reported that total order books were the highest since February 2015, broadly matching the strong levels […]

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