Government change more influential in construction than manufacturing, according to IFS survey

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Leaders in the construction industry are more likely to see changes to government policy as influencing business decisions than their counterparts in manufacturing, according to a survey by IFS.

The poll of 1,000 IT decision-makers suggests around one quarter (26%) of those in construction see government change as being a factor with the biggest business impact, compared to just 9% in manufacturing.

Manufacturing leaders are more likely to cite disruptive change as a bigger driver of future strategy. It was the second most popular answer among the group when asked about change impact. The manufacturing sector is also among the least likely to see senior leadership as a key change stimulus. Only 4% of respondents mentioned it as high-impact, compared to 20% in construction.

In another section of the research, UK businesses from all sectors are most likely to see the availability of goods and services as affecting change. Around half (51%) said it was one of the top social or market factors. The global average across the other 11 countries sampled was only 29%.

Industry leaders in North America are most likely to see government changes (37%) as most important, in China it’s C-suite decision-makers (65%) and in Germany disruptive technologies (44%) are seen as key.

Mark Boulton, CMO of IFS, said that the form of industry disruption “is in a constant state of flux”.

“No one can predict the future but by accepting that, businesses can prepare to be more agile and leverage the new business potential that change often offer,” he added.