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State of the Nation Report 2023 - Public Sector
Welcome to the State of the Nation Report 2023 produced by RMP Risk Control for the Public Sector. This document forms the basis of the first iteration of the report. It is anticipated that this report will be updated and republished on an annual basis.
It is hard to argue against the prevailing sentiment that the first few years of this decade have borne witness to a significantly disruptive period in modern human history. Seeking to return to a relative normality after the challenges faced by the COVID-19 pandemic, the world was quickly shocked by the outbreak of war in Ukraine. As well as the appalling loss of human life, this event acted as a catalyst for the creation of new global challenges, particularly within food and energy supply. The net result of these challenges was the creation of inflationary pressures leading directly to a cost of living crisis that hadn’t been seen within the United Kingdom for over a decade.
Of course, the Public Sector does not operate within a vacuum and so has experienced the effects of this turbulent decade first-hand.
Throughout 2023 the Public Sector within the UK has faced a number of major challenges. Some of these challenges include:
- Budget constraints: The Public Sector has been operating within very tight budgets, with a constant pressure to balance limited resources with increasing demands for services
- Increasing demand for services: The Public Sector has been under constant pressure to meet the growing demands for services such as healthcare, education, and social care. This has been created by factors such as population growth, demographic changes, and evolving societal needs
- Aging infrastructure: Many Public Sector organisations, including transportation, housing, and utilities, are struggling with aging infrastructure that requires significant investment for maintenance and upgrades
- Technological advancements: The rapid pace of technological change presents challenges in terms of keeping up with digital transformation, cybersecurity, and ensuring that public services are readily accessible and efficient
- Workforce challenges: The Public Sector faces issues related to attracting and retaining skilled and diverse talent, succession planning, and adapting to changing workforce expectations and needs
- Political and policy changes: Changes in government priorities, policies, and regulations can impact the Public Sector and require organisations to adapt and respond effectively
- Public trust and accountability: Maintaining public trust and confidence in the Public Sector is crucial. Challenges related to transparency, accountability, and ethical conduct can arise and need to be addressed efficiently.
It is important to recognise that these challenges, and many others not considered above, can vary across different elements of the Public Sector and may evolve over time.
This report will seek to explore some of the most significant challenges that the Public Sector has faced in 2023 and should expect to face again in 2024.
Please download to read the full resource.
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