The CMI latest research report suggests that while 2011 has been a very difficult year for UK managers, 2012 looks set to be equally challenging.
- Nearly half of UK managers are expecting redundancies in 2012, and over a third of managers feel insecure in their jobs.
- Managers have grave concerns over their organisations’ people capabilities – 43% do not believe their organisation has the right people to fulfil business objectives in 2012.
- Optimism about the UK’s economic performance for 2012 remains low as organisations continue to face the effects of European economic instability, rising energy prices and domestic austerity.
