Two-fifths of managers expecting redundancies

Published on Thursday, 15 December 2011 11:51
Posted by Scott Buckler

More than two-fifths of UK managers are expecting career development opportunities to decline in 2012, according to new research from the Chartered Management Institute (CMI)

The study also found that a third feel insecure in their current jobs, with half the managers surveyed saying they would be unlikely to find a new career development opportunity if they were made redundant.

CMI's Future Forecast report also revealed that optimism about the UK's economic performance in 2012 remains low at just eight per cent.

A shortage of the key attributes such as leadership and management skills were highlighted as the primary issue preventing organisations from meeting their business objectives.

Insufficient experience and a lack of enough employees contributing were also cited by the managers surveyed.

Christopher Kinsella, CMI's chief executive, said: "It is obvious from our research that 2011 has been yet another difficult year for managers so it comes as no surprise, that we are not seeing an optimistic forecast for 2012.


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