These findings come from the institutes Future Forecast report which reported that managers are nervous about their organisations’ people capabilities with 43 per cent feeling that their place of work did not have the right staff to fulfil business objectives in 2012.
A shortage of the key skills was highlighted as the primary issue preventing organisations from meeting their business objectives with poor leadership, insufficient experience and a lack of enough employees also contributing.
On a more positive note, the retail sector and the Olympic Development Authority were highly rated by the professional management community when asked for examples of organisations that they felt were best managed this year. John Lewis came out as the most admired with supermarkets Sainsburys and Tescos also coming out favourably.