Fleet News

Companies guilty of over-confidence

Companies working in the transport and logistics sector are ill-equipped to cope with change, according to new research from the Chartered Management Institute (CMI).

Over-confidence in the industry is particularly reflected in the areas of training and technology.

Though nearly two-thirds of employers believe skills and talent management to be a major challenge to UK businesses, only 51% identified “developing talent” as a key concern.

The survey also found that though 74% of new IT projects fail, only 22% of the transport sector believes that “keeping abreast of technological change” should be a priority.

Only 51% of the industry viewed “managing the impact of regulation” as a corporate necessity.

Most shocking of all, only 32% of managers and decision-makers within the transport field, including fleet managers, believe that risk management to be an important issue.

Jo Causon, director of marketing and corporate affairs at the CMI, said: “Questions need to be asked about how UK organisations will be able to manage in the future, if they fail to address key operational issues.”

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