Future forecast 2018

Image of Future forecast 2018 cover
Document type
Infographic
Corporate author(s)
Chartered Management Institute
Publisher
Chartered Management Institute
Date of publication
27 December 2017
Subject(s)
Management & leadership: including strategy, public sector management, operations and production
Collection
Business and management
Material type
Other

CMI surveyed 1,037 managers in November – December 2017 about the priorities for their business and the challenges in the year ahead, including what impact they think Brexit will have on their organisations and the UK economy in 2018. This is an annual survey, enabling comparison with previous years.

Key results include:

  • Only 28 per cent expect the UK economy to grow in 2018.
  • Optimism about the economic outlook has fallen to 57 per cent, the lowest level since 2013.
  • 25 per cent feel less secure in their jobs following the Brexit referendum.
  • Two-thirds of managers saw no growth or decline in their organisation in 2017.
  • 75 per cent expect say controlling costs is a priority.
  • 62 per cent of businesses will undergo a restructure in the next 12 months.

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