HomeNew Report: How UK Executives Adapted to The Pandemic & How UK Business Can Thrive Post COVID Restrictions
New Report: How UK Executives Adapted to The Pandemic & How UK Business Can Thrive Post COVID Restrictions
September 17, 2021
A new survey reveals how UK executives coped, adapted, and survived during the COVID-19 pandemic, and how UK businesses can go on to thrive.
The pandemic affected businesses globally, let alone nationwide. This survey digs into how UK executives managed to overcome the obstacles that COVID-19 and the associated restrictions created, with several interesting points:
83% of execs surveyed said that lockdowns interrupted their way of working
But 91% of executives surveyed said they felt they could work either in a VERY efficient way (55%) or relatively efficiently (36%), leaving only 9% feeling their efficiency was sub-par.
Only 8% of execs surveyed stated that business relationships suffered as a result of the pandemic
Most executives had to buy additional hardware or software (or their businesses did), and most felt that adapting to working from home in the future would be easier.
Many Would Change Jobs For More Flexibility
Interestingly for business leaders, 72% ofexecutiveswould consider changing roles to a different executive position if it offered more flexibility in terms of remote or hybrid working. Considering how hard it can be to recruit top-talent, and how important it is to keep them, businesses should take note of this fact.
Jon Hollier, Founding Director, Novo Executive Search & Selection, states:
“Without doubt, UK industry had to respond decisively to the pandemic in order to remain effective and ensure continuity. The workforce and executives clearly responded to the situation and adapted working practices, relationship management and resources.
The outlook for UK industry is certainly positive and the growth in investment and trading opportunities has been gathering pace. “
About Novo Exec:
Novo is a leading executive search and selection company providing clients with highly innovative executive search and selection methodologies. Novo has industry expertise in many key areas, along with excellent networking capabilities.