Management in a time of crisis: economic shockwaves from the Ukraine war

Russia’s invasion of Ukraine has resulted in yet another escalating humanitarian crisis. The whole CMI community will be horrified by the scenes that we are witnessing. 

Managers and leaders have already experienced two years of enormous economic disruption due to the effects of the pandemic. In the UK, these have been compounded by the country’s exit from the European Union (EU). According to NIESR, the UK economy is now forecast to slow by at least 0.8% as a result of the Ukraine war.

Managing the impact of this crisis will be another huge test for managers and leaders. In this context, CMI has explored the actions that UK managers should take to safeguard their organisation.