UK Businesses More Focused as Economic Recovery Enables Growth

Barometer on Change report reveals 69% of fast-growth organisations expecting growth of 6% in the next three years, but slower growth companies still focused on cost reduction The third annual Barometer on Change report, commissioned by consultancy firm Moorhouse and released last week, revealed that UK businesses are becoming increasingly focused as they prepare to capitalise on the recovering economy to ramp up growth. The research was conducted with 200 board members who are responsible for change initiatives within large UK multinationals and public companies. 38% of participants claimed they were focused on just one single market differentiator compared with just 9% in 2013 and 52% stated that they now had “extremely clear plans” for their company’s future. Organisations are also incr... »