Global Travel Media » Blog Archive » Do you have a business plan for 2014? One third don’t – LMA workplace survey last week

Home » Statistics & Trends » Currently Reading:

Do you have a business plan for 2014? One third don’t – LMA workplace survey last week

February 13, 2014 Statistics & Trends No Comments Email Email

A workplace survey undertaken during last week’s resumption of full-scale work has found that 83 per cent of leaders and managers claim to have a business plan for 2014, but only 66 per cent of employees believe their organisation has a plan.

The survey was conducted by Leadership Management Australasia as part of its ongoing 14-year monitor of Australian and New Zealand workplace trends, the Leadership Employment and Direction (L.E.A.D.) Survey. The 10-question survey attracted 400 respondents in just a few days.

CEO of LMA, Andrew Henderson said it was disturbing to discover that while almost all leaders, managers and employees recognised a plan was essential to secure the future of their organisations, one third of employees believed their organisations had started the new work year without one.

“In these uncertain economic times, failing to plan is in effect planning to fail,” he said.

“The plan starts with leaders clearly identifying the vision and plan, clearly communicating the goals, direction and vision and then having the confidence in themselves as well as gaining the confidence of their people to execute the plan.

“Leaders have to ‘walk the talk’ with their plans,” Mr Henderson said.

Planning contributes to growth and success, he said, which is borne out in the survey’s correlation between organisational growth status and the presence of a plan.

Across leaders, managers and employees, amongst those who believe their organisation is currently “Growing”, 86% have a business plan for 2014 while amongst those organisations believed to be “Holding steady” 82% have a plan.

In contrast, organisations thought to be “Shrinking” or “Just surviving” 76% and 67% respectively have a business plan for 2014.

Survey results 

From leaders and managers:

  • 83% claim to have a business plan for 2014 compared to just 66% of non-managerial/supervisory employees (17% point gap)
  • 70% believe they have communicated the plan very well (18%) or quite well (52%) to their people
  • 70% believe people understand their role in helping the organisation fulfil the plan very well (15%) or quite well (55%)
  • 89% are very confident (29%) or quite confident (60%) that the plan supports the achievement of the organisation’s overall objectives and priorities
  • Of those who don’t know or don’t believe there is a plan, 89% believe it is very important (63%) or quite important (26%) that the organisation has a plan 

From non-managerial employees:

  • 79% believe the plan has been communicated to them well
  • 87% know their role in helping the business fulfil the plan well
  • 79% are confident the plan supports the achievement of overall objectives and priorities
  • Of those who don’t know or don’t believe there is a plan, 100% feel it is important that there be a plan.

Comment on this Article:







Time limit is exhausted. Please reload CAPTCHA.

Platinium Partnership

ADVERTISEMENTS

Elite Partnership Sponsors

ADVERTISEMENTS

Premier Partnership Sponsors

ADVERTISEMENTS

Official Media Event Partner

ADVERTISEMENTS

Global Travel media endorses the following travel publication

ADVERTISEMENTS

GLOBAL TRAVEL MEDIA VIDEOS

ADVERTISEMENTS