Page 7 - BOSS Today Issue 59
P. 7

BOSS Today      #59


          n Product is accredited by a recognised   alike. While inflation is likely to ease in   We also worked on many other
            third party environmental       2024 (lower energy and shipping costs,   leadership topics, such as negotiation,
            organisation.                   subject to the Red Sea being kept open   personal branding, stakeholder
                                            for commercial shipping), for many   management and leading through
          These fields are now available in Fusion   consumers 2024 will feel just as tough   change through round table sessions at
          and will be filterable on EvolutionX   as 2023 due to the challenge of existing   our conferences.
          webstores but, to date, some vendors   lower rate fixed rate mortgages coming
          have been unable to provide relevant   to an end and renters feeling the squeeze   By covering these topics we’ve hoped
          content. The main challenge for vendors   from higher rents.         to support current and future leaders
          and resellers in 2023 was the emergence                              to navigate a marketplace that is
          of a growing requirement from     However, workers will continue to come   changing due to extreme inflation,
          consumers for net zero information.  back to the office, as the benefits for   market uncertainty, an increased
                                            collaboration, socialising and positive   focus on sustainability, technological
          2. Main topics for the industry in 2024  mental wellbeing start to offset the   advancements (including AI) and a need
          In 2024, the main topic will be the   difficulties and costs of commuting.   for innovation.
          growing pressure on resellers to
          provide consumers with environmental   Hybrid working is likely to stay and it   2. Main topics for the industry in 2024
          information, including Scope 1, 2 and 3   continues to offer two places to sell   For 2024 we will continue to focus on
          Carbon Emissions Data and the pressure   workplace solutions if you have the right   equipping our community with greater
          on the vendors to supply additional   product and service offerings and partner   skillsets and the confidence to take a
          information.                      with the right suppliers.  Employers are   proactive approach to their development
                                            still investing in their office spaces in   and their roles in order to deal with
                                            order to help get their staff to come back   whatever the changing economic
                                            and this does present huge opportunities   landscape brings them.
                                            in many product categories.
                                                                               We also expect there to be a greater
                                            The challenge resellers and vendors face   focus on improving sustainable practices
                                            is to manage the gradual decline of legacy   as protecting our planet continues
          BOSS Manufacturers’ Forum:        traditional workplace products (due to   to increase in importance. There
          Mark Wilkinson (Regional Vice President   the digitisation of working habits) and to   will be huge opportunities driven by
          – UK & Ireland, ACCO Brands)      accelerate the growth of new categories,   technological advancements and the
          1.  Themes/opportunities/challenges   such IT connectivity, ergonomics and   increased utilisation of AI, and new
          addressed in 2023                 wellbeing, furniture and JanSan etc.  challenges arising from the general
          The main challenges for manufacturers in   In some cases, traditional products are   election and the Procurement Act
          2023 were rising costs and price inflation,   selling, but in different variations and pack   towards the end of the year.
          brought about as a consequence of the war   sizes than those sold previously.
          in Ukraine. In particular the sustainable                            The opportunities for innovation and
          recovery of margins was a key priority                               diversification in 2024 are exciting
          for resellers and vendors alike after the                            and the BOSS Leaders of the Future
          ravaging effects of cost inflation in 2022.                          Committee will strive to continue to
                                                                               support our community by assisting with
          However, 2023 was not without                                        their personal development journeys and
          opportunities: we saw a gradual   BOSS Leaders of the Future Committee:   adding value to their businesses.
          continuation of workers returning   Rachael Lewis and Alex Stone (Co-Chairs)
          to offices, creating opportunities to   1.  Themes/opportunities/challenges   We both look forward to welcoming the
          galvanise sales of workplace products. In   addressed in 2023        two new LotF Chairs who will bring fresh
          particular we saw lots of organisations   The BOSS Leaders of the Future (LOTF)   ideas in 2024.
          enticing their workers back to the   Committee has been focussed on
          office by re-fitting them with new   ‘Building the best version of yourself’   Martin Wilde – the author of this
          contemporary workspaces. These helped   where, with the support of senior leaders   article - is Managing Director of
          to drive sales of categories like furniture,   in our industry and some fantastic   OP market research specialists
          visual communications products and   training partners and keynote speakers,   Martin Wilde Associates Ltd
          ergonomics.                       we’ve delivered an in depth leadership   (www.martinwildeassociates.com).
                                            development programme, covering topics
          2. Main topics for the industry in 2024  such as: women in leadership; improving
          The economic backdrop, the continued   your resilience; maintaining focus on
          and worsening geopolitical issues, as   your goals in a changing market; beating
          well as forthcoming UK elections, will   burnout; confident communication;
          all add to the feeling of uncertainty for   driving innovation and emotional
          the business community and consumers   intelligence in leadership.


                                                            7
   2   3   4   5   6   7   8   9   10   11   12