Is This the Key to Restoring Business Confidence?

Recent news reports reveal that business confidence, across all sectors, is at its lowest in 15 months, as a result of the Brexit negotiations and low wage growth. Despite signs of business growth in some industries, optimism is still falling, suggesting that organisations don’t feel confident about future trading conditions. 

The impact of slumping levels of business confidence, not only affects what happens in local and international markets, it can also have a dramatic effect on people working inside organisations.  The people costs of low business confidence can be substantial and shouldn’t be understated or ignored, because, helping people to sustain high levels of optimism during these volatile and uncertain times, might be a key factor in whether organisations survive long enough to prosper.

So, what can organisations do to increase optimism?

Higher levels of optimism will help people in organisations to be more resilient, to communicate more positively, to build more constructive and influential relationships, and to tackle problems with a more creative and innovative approach.