Bridging the inspiration gap
According to Epicor Software Corporation’s new study of businesses in UK manufacturing – ‘Inspired to Make It’ – success in is being held back in the sector by an Inspiration Gap.
Over 300 senior UK manufacturing executives put their company’s Inspiration Rating at 5.7 out of 10 in the study – a measure of how encouraged they feel about their business and industry’s future prospects. Most recognise that dramatic change in the sector is needed for survival.
Encouragingly the sector is keen to lead the charge for change required to improve its fortunes; respondents most frequently cite manufacturing companies themselves, rather than customer demand, the government, the EU or industry bodies and lobbyists as the driving force behind improvement.