July 2023 Issue
Welcome to our July issue. There continues to be?a unique blend of a market demanding solutions to support change,?in the face of ongoing market uncertainty.
Whilst clients remain focussed on driving change through sourcing niche skills, we anticipate an impact on candidate confidence where decision making on career shifts will be longer. In response to this, clients are asking for increased advice to improve candidate experience, smooth hiring processes and clear communication linked to values and company purpose.
A large proportion of our work is driven through changes in client ownership.?Public offerings and PE-backed transactions remain slower than usual due to the pressure in financial markets. Interestingly, we are seeing several portfolio directors become more actively involved in managing their assets in the form of investment in programmes, or in changing?leadership teams to those?with experience in?efficiency or cost reduction versus pure growth.
Whilst the UK economic headwinds are making signs of rapid growth hard to visualise,?the employment market and a demand for efficiency leaves us feeling confident that we are exceptionally placed at BIE to help our clients manage change?through both more challenging and?times of growth.
We wish all our clients well for the summer and look forward to continuing to work with you.
Gordon Whyte, CEO
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For more information about BIE, please get in touch.