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How many of us could have predicted 2020 and the impact it has had on every aspect of business life? We’ve seen some industries shuttered for months on end. Others have pivoted to new markets just to survive. Some companies across various markets have never been busier.
Company valuations have taken a hammering over the past two years as the disruption the coronavirus has wrought, has taken its toll. Shareholders have seen the value of their holdings in many sectors plummet as they were forced to keep funding their business despite its state of stasis as the country shut down.
The Global market for planes, weaponry and all things airborne has enjoyed a strong post-COVID recovery. Boeing and Airbus have seen deliveries jump 16% year on year to 659 completed and delivered aircraft.
UK farming faces an existential crisis in 2023. The threats to Britain’s food security are unrelenting and unlikely to improve over the next 12 months. The NFU, just this week, warns “the UK is sleepwalking into a food supply crisis”.
2021 has been a year filled with seemingly never-ending crises and disruption for the UK meat processing industry.
Who would be a Supply Chain Manager in 2021? Maintaining a constant stream of raw materials and resources to keep their business operating is becoming a near-impossible task for many. Brexit chaos, labour shortages, shipping crises, haulage capacity limitations, intense competition for raw materials and, all that in the face of an explosion in post-pandemic demand.
Timber prices have risen sharply over the past 12 months, with supply shortages already hitting the headlines just as the global economy begins to recover in earnest. The industry is now in the midst of resultant inflationary pressure.
Continuously benchmarking your business performance and keeping abreast of the changes around you has always been one of those exercises you know you should do but don’t have the time. It often gets shelved amid day-to-day strife and is lost to that common tendency of busy managers to work in their business rather than on it.
A movement is underway towards more ethical and sustainable business. A growing number of companies, across all sectors, are redefining how business success is measured and building a more inclusive, equitable and sustainable economy.