Increase in the number of press articles mentioning “profits warning”, Q4 1996 to Q4 1998 – 69% Proportion of Q3 1998 profits warnings that came from manufacturers – 56% Proportion of UK chemicals companies making profits warnings in Q3 1998 – 1-in-6 Proportion of companies which cited stagnant or falling domestic demand in warnings – 36% Source: Reuters Business Briefing, Ernst & Young Confidence trick Proportion of companies less confident about business in Q3 than in Q2 1998 (CBI survey) – 62% Years since CBI’s business confidence rating was so low – 8 Proportion of companies predicting a decrease in exports (Dun & Bradstreet survey) – 55% Years since D&B’s confidence rating was as low as in Q3 1998 – 5 Proportion of consumers who feel as well or better off than last year – 71% Source: CBI, Dun & Bradstreet, American Express It is better to travel … Proportion of business travellers using first or business class seats on airlines – 56% Ditto, who would reconsider flying with a carrier if it enforced stricter rules on carry-on baggage – 40% Ditto, who belonged to at least five different frequent flyer programmes – 28% Ditto, who are bound by corporate travel policies – 87% Source: OAG Business Travel Lifestyle Survey 1998 Women, not girls, rule my world Percentage of women in the UK workforce in 1973 – 37% Ditto, 1998 – 50% Percentage of women in UK management in 1973 – 2% Ditto, 1998 – 18% Average earnings of male directors in the UK, 1998: £94,742 Ditto, female directors – £66,711 Source: Institute of Management Time-wasters Total time spent by UK directors each year looking for extension numbers of staff in overseas offices – 34,619 weeks Average time one director spends each year looking for extension numbers of staff in overseas offices – 3 days Proportion of average director’s working day spent dealing with e-mail – 11% Source: KPMG Management Consulting Timewatch (10.00, 24.12.98) Number of hours until 11 currencies become one euro currency – 182 Number of euro-11 countries with triple-A credit ratings – 5 Number of hours until you’re 100% sure how good your millennium bug fix has been – 8,942.
View our archived webinar, including Oracle and a host of ‘Fast Data’ experts, to discover how financial professionals can help create a Fast Data business
Reinmoeller, professor of strategic management at Cranfield School of Management, has proposed an Eight Actions Model to help organisations increase margin and perform ahead of market expectations
When thinking about Iran as a potential market it’s important to go in with open eyes. This means being aware of some of the myths as well as being clear on the challenges
Third of UK companies with defined benefit pensions schemes are paying out more from their scheme in pensions than is being received in contributions