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Business
barometer.


Autumn 2017 – THEME: The Changing Face of the Workplace

BDO



AUTUMN 2017 BAROMETER IS NOW LIVE – TAKE PART AND HAVE YOUR SAY...

The Thames Valley Business Barometer is a collaboration between BDO LLP and C8 Consulting, providing a snapshot of business and economic confidence in the Thames Valley twice a year.

As well as focusing on economic confidence, growth and employment intentions, the, the latest Barometer will also look at the changing face of the workplace in the Thames Valley. We are very excited about this latest Barometer. It’s the 21st century and the way we work is rapidly changing. More people are now choosing to do their work away from the office, a movement inspired by Millennials.  With the leaps and bounds of technological progression, being confined to the office is no longer the only option available to workers.

The latest barometer survey is now live and will be open to Thames Valley businesses for six weeks.  

Survey results will be published and circulated at the beginning of 2018. If you would like to participate, the survey can be accessed here. You can also download a hard-copy of the survey and return it to either of the following addresses:

Ian White, BDO LLP, Kings Wharf, 20-30 Kings Road, Reading, Berkshire, RG1 3EX

Paula Elliott, C8 Consulting, 200 Brook Drive, Reading, Berkshire, RG2 6UB

FIRST HALF 2017 BAROMETER RESULTS

The results of the last survey saw a marked improvement in turnover, profitability and economic confidence compared with the latter half of 2016, with performance indicators heading back up to pre-Brexit levels. Almost half (49%) of companies surveyed stated that profitability has increased in the last six months compared to 30% in the Autumn.”

The feedback from the Barometer panel also indicated an emerging need for agility in business, managing the short term but also being able to respond to circumstances faster. This was not only being fuelled by Britain’s decisions to leave the EU, but also the ever-changing face of the workplace, the speed of change, the proliferation of mobile and digital within businesses and the constant demand for flexible working.

In spring, we decided to put the spotlight on data protection matters and, in particular, the region’s awareness and preparation for the new EU Data Protection Regulation (GDPR). It was found that almost 9 out of 10 respondents reported being aware of the GDPR new regulations, which come into force on 25th May 2018. Despite this, however, nearly half (47%) have yet to put processes in place to ensure they will be compliant.

Around 100 businesses across the Thames Valley took part in the Barometer survey. Carbon Black, Core to Cloud, Courtiers, Ella’s Kitchen and The Knowledge Academy are alsoprofiled in the report, sharing their perspectives on their own performance and the key challenges they face in the run up to GDP .

For a copy of the full report please click here. If you would like a hard copy version of this report, please email Paula Elliott on paula@c8consulting.co.uk  or call Paula on 0118 949 7736.

 

 

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