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“Let me be clear, we have listened, we have acted, and we will leave no stone unturned to be the best voice for business inside and out.
“We also heard another important message from members. That they want us to bring our breadth and depth of expertise, as well as our unique convening power, to bear on the economic challenges of the day.”
Despite a significant majority vote, some of the CBI’s largest members, including Aviva, Natwest, BP and John Lewis, all cut ties with the CBI amid allegations made against the group.
Despite this, the survival of the lobbying group was endorsed by the likes of Siemens when it rallied supporting members in a letter, reportedly signed by Microsoft, to publicly show support for the organisation prior to the vote.
The letter went on to explain that the UK economy is facing intense economic pressure and little growth, and with a general election expected before the end of next year, UK business needs a credible voice representing its sectors.
Ann Francke, CEO of the Chartered Management Institute (CMI), says that despite the vote’s outcome, CBI has a demanding journey ahead: "While the CBI has won some much-needed breathing space, the difficult challenge of cultural transformation still lies ahead.
"Committees and consultants don't transform organisations; leaders and managers do, through what they say and what they do each and every day.
"Both businesses and government will now want to see clear evidence that the CBI is delivering on its promise to change. A mandate from the members is not enough, on its own, for the CBI to believe it can draw a line under the management failures that led to the events of the last six months and move on.
"Leaders at all organisations should view this sorry episode at one of the country’s most high-profile bodies as a chance to learn from the mistakes of others and ask themselves if they need to revisit their own workplace to make sure they are getting their culture right.”
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