NEARLY a third of business owners in the North West do not enjoy being a leader in the current economic climate, new research by a Willaston-based team has found.
A majority (51%) described their work/life balance as ‘OK’, with 35% labelling it good and 12% very good.
A total of 51% of business owners are working more than 50 hours a week, with 4% working as many as 80 hours.
Almost a quarter (23%) said their business was currently either ‘treading water’ or ‘declining slightly,’ with 51% claiming they were ‘growing slightly’ and 25% saying their company was ‘growing rapidly’.
The survey of 600 business leaders was carried out by The Leadership Team, which provides leadership development for chief executives, managing directors and directors from the region’s foremost companies.
Jerry Hopkins, founder of The Leadership Team, said: “The survey’s findings show many business owners are finding life tough and lonely at the top in the present economic climate and the majority see either no change or things getting worse over the next couple of years.
“It is also clear business owners believe having a strong vision, being able to maintain focus in difficult conditions and building a strong team around them, will be hugely important in determining just how successful they are over the coming years.”
The Leadership Team courses, of which there are three a year, involve a commitment of just two hours a month for six months. They also provide access to networking sessions with other business leaders who have been on the course through the Leadership Team Alumni Club.
Each course is broken down into six interactive sessions looking at best practice in areas such as strategic vision, creating more time to lead effectively, delegation and building strong teams.
All courses are held at the Daresbury Science and Innovation Campus, near Warrington, and places are available on the next course, which starts on Thursday, October 4. The Leadership Team is also running a Creating Time for Leaders free event on Thursday, September 20.
For more details, visit http://creatingtimeforleaders.eventbrite.co.uk.