Thursday, November 26, 2020

2020 Business Predictions: Ian Phillips, Deputy Managing Director of Duncan & Toplis

It’s that time of year, when Business Link Magazine invites the region’s business leaders to offer up their predictions for the year ahead. It has become something of a tradition, given that we’ve been doing this now for over 30 years.

While none of us possess a crystal ball, it is uncanny how accurate some of these forecasts have been over the years.

Here, Business Link catches up with Ian Phillips, Deputy Managing Director of Duncan & Toplis

As 2019 draws to a close, the new year is just around the corner and 2020 looks to be an exciting year for businesses in the East Midlands.

Next year, Duncan & Toplis will be celebrating 95 years of business in the region. During that time, we’ve seen the extent to which businesses have adapted to the challenges they’ve faced and, looking ahead to 2020, we look forward to seeing many more adopting the ‘adapt to succeed’ mentality.

All businesses need to look inwardly as well as outwardly in order to adapt to challenges that we face in this ever-changing world. Business confidence needs to hold strong, as leaders ready themselves for whatever the future holds, particularly regarding Brexit.

We’ve seen the farming industry adapt to change in the most extreme circumstances this year and they’ll face more change in the next year. After the flooding across our region, farms will face a tough few years as they look to recover from the recent deluges. However, like many other industries, farming and agribusiness will show its capability to adapt and modernise as it has done before, so I’m confident that they’ll pull through.

Change isn’t always easy but being able to adapt in the face of change is essential. Who can remember life without computers- and who can think of life without one now?

Change is a challenge but in adopting a change mentality, businesses will find they adapt to explore new opportunities for future growth which, in turn, will be the bedrock of tomorrow’s successful business.

 

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.






Latest news

BAM starts work on three new East Midlands schools

BAM Construction has commenced work on three new schools in the East Midlands, having been appointed to the schemes by the Department for Education...

Accrol completes £41.8m acquisition of Leicester Tissue Company

Accrol Group has completed the £41.8m acquisition of Leicester Tissue Company (LTC), in a deal led by Zeus Capital. Zeus Capital acted as Nominated Adviser...

Coronavirus testing sees revenues rise at Nottingham laboratory services firm

Revenues at Nottingham-based SourceBio International, the provider of integrated laboratory services and products, have risen as a result of Coronavirus testing. Since May 2020, SourceBio...

Gallagher appoints Gareth Parry-Jones to lead the Midlands

Insurance, risk management and consulting firm Gallagher has appointed Gareth Parry-Jones Regional Managing Director of the Midlands. In his new role, Gareth is responsible for...

Fundraising campaign sees PALLITE® raise £1.1m

Northamptonshire-based PALLITE®, a designer and manufacturer of sustainable, paper honeycomb board packaging products used in the logistics industry, has raised over £1.1million on Crowdcube. PALLITE®...

Related news

IoD appoints trio of Ambassadors in Derbyshire and Nottinghamshire

The Institute of Directors has appointed a trio of Ambassadors to its Derbyshire and Nottinghamshire team. Peter Wingrove joins as Mental Health and Wellbeing Ambassador,...

BAM starts work on three new East Midlands schools

BAM Construction has commenced work on three new schools in the East Midlands, having been appointed to the schemes by the Department for Education...

Accrol completes £41.8m acquisition of Leicester Tissue Company

Accrol Group has completed the £41.8m acquisition of Leicester Tissue Company (LTC), in a deal led by Zeus Capital. Zeus Capital acted as Nominated Adviser...

Coronavirus testing sees revenues rise at Nottingham laboratory services firm

Revenues at Nottingham-based SourceBio International, the provider of integrated laboratory services and products, have risen as a result of Coronavirus testing. Since May 2020, SourceBio...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close