Our Associate, Leadership and Management Wales Director, Dr Barrie Kennard was among the experts invited by Wales’ national newspaper, The Western Mail, to predict what 2012 will bring for businesses in Wales.
Among his predictions was that 2012 will demonstrate just how important micro-businesses are to the stability of the Welsh economy. Also 2012 will bring a change in the style of management demonstrated by Welsh businesses. There is now a real need for business leaders to think more about the longer-term success of their businesses; taking decisive action now to safeguard their futures and plan for sustainable growth when the end of the recession does finally arrive as it surely will.
He also predicted 2012 will bring a change in the style of management demonstrated by Welsh businesses. He suggested this would be brought about with more of a focus on work-based learning.2012 we will see more work-based learning delivered via a blended-learning approach consisting of e-learning, coaching and mentoring, as well as taught courses and interventions.
David Russ, managing director of the South Wales Chamber of Commerce, and Iestyn Davies, head of external affairs for the Federation of Small Businesses in Wales, also gave their points of view.
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