With a shared focus on innovation, sustainability, and operational excellence, they have navigated the challenges of 2024 to deliver exceptional talent solutions. In this Q&A, Phoebe and David share their insights on the trends shaping the industrial landscape, the skills executives need to succeed, and how organisations can overcome the challenges ahead.
Welcome to Day 10 of the 12 Days of Boyden series! Today, we delve into the industrial sector with Phoebe Williams and David Thomas. Phoebe leads senior- and board-level searches in the UK and internationally, with over 10 years in executive search, her expertise spans manufacturing, engineering, infrastructure, and energy. David brings a wealth of experience to his practice, partnering with clients in advanced materials, automotive, aerospace, capital equipment, general manufacturing, precision engineering, new technologies, infrastructure, and energy.
Q: What was a key highlight or achievement in your practice in 2024?
Phoebe: This year, one of the key highlights has been strengthening our presence in Aberdeen and expanding our network within this industrial hub. Despite a tough market, we’ve built resilient partnerships and set the foundation for future growth.
David: We were proud to deliver increased revenue in a downturn. By understanding client needs deeply and offering tailored solutions, we’ve demonstrated that even in challenging economic times, growth is possible with the right strategy and leadership.
Q: What was the most significant challenge facing the industrial sector this year?
Phoebe: The industrial sector has shown resilience, but growth has been subdued due to ongoing economic uncertainty and rising operational costs. Navigating these headwinds while delivering value to our clients has been a key challenge.
David: The economic downturn was a significant challenge, coupled with the competitive nature of the market. Clients increasingly look for depth of track record and a proven ability to win, which puts additional pressure on businesses and their leaders.
Q: What industry trends do you believe will define the future of the industrial sector?
Phoebe: Sustainability will remain a driving force, with energy efficiency, the circular economy, and carbon footprint reduction as key priorities. Digital transformation, automation, and the use of advanced materials and techniques will continue to reshape the sector. At the same time, addressing the skills gap through upskilling and reskilling will be critical to overcoming labour shortages.
David: Technology is reshaping the industrial landscape, from advanced automation to AI-driven insights. Sustainability is becoming a non-negotiable, and skills shortages across the sector mean companies must innovate in how they attract and retain talent.
Q: What are the most critical skills for executives in the industrial sector in 2025?
Phoebe: Executives need adaptability alongside strong strategic thinking and decision-making skills to navigate uncertainty. Clear and impactful communication will also be vital to inspire teams and secure stakeholder buy-in for transformative changes. Financial acumen will remain critical as organisations balance cost pressures with investment in innovation.
David: Adaptive leadership is essential in this ever-changing environment. Executives need the ability to make decisions amidst data overload, stay agile, and guide their teams through ambiguity while keeping a clear focus on long-term goals.
Q: What do you see as the biggest hurdle for executives in the industrial sector next year?
Phoebe: The biggest hurdles will be maintaining clear, impactful communication amid uncertainty and securing skilled talent. The ability to inspire and lead teams while addressing workforce gaps will define success in 2025.
David: Growing a business in a challenging economic climate will be the most significant hurdle. Leaders will need to stay focused and make strategic decisions to ensure resilience and sustainable growth.
Q: How can companies in the industrial sector prepare for these upcoming challenges?
Phoebe: Companies must embrace digital transformation, strengthen and diversify supply chains, and prioritise employee development to attract and retain top talent. A positive work culture and a clear commitment to sustainability will also be essential for long-term success.
David: Hiring great leaders with a vision for the future will be critical. Organisations should also adopt scenario planning and invest in workforce development to ensure they can adapt to changing market conditions.
Q: How are hybrid and remote work models impacting the industrial sector’s approach to leadership?
Phoebe: Hybrid working remains a challenge in the industrial sector, where many roles require on-site presence. However, companies are embracing flexibility where possible to attract and retain talent, recognising the evolving expectations of today’s workforce.
David: The impact has been less pronounced in our sector. Many roles require physical presence, and as such, leadership approaches remain focused on building strong in-person connections.
Q: What changes in work models do you anticipate for the industrial sector in 2025?
Phoebe: While hybrid working will continue where possible, I expect businesses to refine their approaches, creating more structured and balanced models that work for both employees and operational demands.
David: We are likely to see a gradual return to more traditional ways of working, particularly in areas where collaboration and hands-on engagement are critical.
Q: What one piece of advice would you give to leaders navigating the challenges in the industrial sector?
Phoebe: Prioritise adaptability and communication. In uncertain times, the ability to inspire confidence and motivate teams will set great leaders apart.
David: Keep calm and carry on. Resilience and a steady hand will help leaders navigate the inevitable challenges and make the most of opportunities.
Phoebe and David emphasise that the future of leadership in the industrial sector relies on resilience, adaptability, and forward-thinking. Their insights provide a roadmap for professionals seeking to lead change in sustainability, digital transformation, and strategic leadership.
For organisations looking to secure the best talent for leadership roles in the industrial sector, Phoebe and David offer invaluable insights and strategies that are key to building successful leadership teams in 2025 and beyond.
