Recent Experience

Given the current geo-political climate and the degree of general financial uncertainty, the responses in Q6 & 7 show a remarkable degree of resilience within the business community.

Productivity is an oft-heard word in the workplace sector when it comes to discussing the performance of ‘knowledge workers’ . It can be incredibly hard to measure definitively and therefore the correct phrase should be 'perceived productivity' .

There are two sides to every story, but in terms of productivity, the data right would tend to show that the impact of the pandemic has not been the disaster that many commentators report.

The positive impact on productivity follows on to business growth, with a very similar response profile.

The CBI recently reported on a general trend over the past eight quarters of reduced private sector activity, but also highlighted that the expectation is “volumes in business and professional services are set to return to growth” [1].

6. Productivity during the past 12 months

7. Business growth over the past 12 months

VERY NEGATIVE NEGATIVE NEUTRAL POSITIVE

VERY POSITIVE