Board Briefing: Avoiding margin squeeze
The latest edition of the Radar Report identified Squeezed Margins as a key issue under the theme of Renegotiating Normality. This is due to increases in costs, caused by a wide range of factors occurring simultaneously, and impacts on productivity.
The agency needs to identify and manage these issues, and achieve matching increases in income, to avoid margins being reduced.
How to use this board briefing
Staffing costs are likely to rise. Contributing factors may be: