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Richmond Events’ Business Panel Report - Looking across the pond


Business-Panel-Report-image.jpgThere are interesting differences between how organisations seem to function in the US compared with those in the UK. Looking at our most recent two Business Panel reports on how Organisations view themselves we note some key differences:

US Organisations have closer or more productive relationships with IT than UK Companies but are less close to the CEO and to Sales

In the US, Sales is the most adversarial department according to 27% of respondents, clearly causing more problems than IT in second place. In the UK, Sales were regarded as adversarial, but no more so than Finance and IT and only 17% felt sales were a problem – two thirds of the US figure.

The Finance Department is viewed with the greatest contrast on each side of the Atlantic. In the UK it is the most adversarial department according to 18% of respondents. The US is completely different with only 8% saying it causes problems, the least adversarial department apart from the CEO and Production.

CEOs in the UK are regarded as far more responsible for driving the organisation (52%) compared with their counterparts in the US (36%)

Sales departments are regarded equally positively in terms of driving the organisation forward but contrarily in the US there are just as many who view them as holding the organization back. In the UK their positive contribution is regarded as three times as much as the negative one.

In the UK, Finance departments are regarded as three times more likely to impede the progress of the company. In the US they are regarded as just as positive as they are negative.

In the UK, Sales departments are regarded as three times more likely to drive the business forward as impede its progress, in the US Sales are viewed as almost as likely to impede progress as to achieve it.

Non Executive Directors are viewed as quite influential in the UK Board Room but almost irrelevant in the US.

UK Finance Directors are viewed as effective at achieving cost saving in the UK, they are not in the US.

Innovation is greatest in the IT and Marketing departments. The US sees IT as more innovative than Marketing. The UK thinks Marketing is twice as innovative as IT.

There appear more similarities than differences between the US and UK but the differences, including those above, are very interesting.

For full copies of these reports please contact David Clark.

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