According to a new report from KPMG and the Recruitment & Employment Federation, business leaders across a range of sectors are increasingly hesitant about hiring people because of the current economic uncertainty.
I would go further. From what I am seeing in the automotive industry, too many leaders are hesitant about hiring because they seem unsure what is best for their business, leading to paralysis by indecision.
At a time of rapid change in the industry coupled with a serious skills shortage, never has it been so important for senior leaders to be decisive, set a clear strategic vision and have the courage of their convictions to find the growth, the competitive advantage or the revenue opportunities.
A great example of positive action in another sector was the decision by HSBC to rescue the UK arm of the Silicon Valley Bank following its collapse last month.
