Policy Paper:

Driving UK Post Pandemic Prosperity

Wednesday 24 February 2021
The Government must use the March Budget to announce further investment in management and leadership training to aid the UK's economic recovery after the pandemic, say leading business organisations the Institute of Directors (IoD) and CMI.
view of manchester city office blocks

We are calling on the Government to invest more in reskilling and upskilling thousands of people who are potentially at risk of redundancy and preparing the remaining workforce for the rebuild task that lies ahead.

The UK is at a pivotal moment: as we emerge from the pandemic, carefully targeted investment, now, can help deliver a more resilient and sustainable economy that meets the needs of employers and UK workers. Investing in management and leadership - in a universally accessible way - is critical to this.

New Joint Research from CMI and IoD reveals:

  • 96% of Managers and 89% of Directors say that management and leadership roles are important for shaping the UK’s economic recovery in 2021.
  • 98% of Managers and 95% of Directors highlighted enhancing management and leadership skills as critical to improving organisational performance in the coming financial year.

CMI and IoD are calling on the government to:

  • Allocate additional funding to ensure that every course funded through the National Skills Fund also includes a ‘bolt on’ of high-quality core skills training, including digital, communication and management and leadership provision.
  • Extend support for adult skills through the Lifetime Skills Guarantee up to Level 5, enabling adults who already have a Level 3 qualification to access critical training at higher levels.
  • Introduce targeted support for all SMEs to boost their management and leadership capabilities, with all SME business leaders given the opportunity to undertake a high quality management or leadership qualification.

Driving UK Post Pandemic Prosperity

You might also like these posts on this topic:

Topic:

How NHS manager Sarah boosted her confidence with a CMDA

“I always had a bit of imposter syndrome,” says Sarah, who is cancer performance manager at Bolton NHS Foundation Trust

Read article
Topic:

Why James became a Chartered Manager after 24 years in the army

In the army, James Bowman undertook management qualifications to ensure he had skills that would transfer to civilian life

Read article
Topic:

Dr Hiba Khan CMgr FCMI, CMI Apprentice of the Year 2024

Obstetrics and gynaecology doctor and chief revenue officer Hiba embarked on a Senior Leader Apprenticeship in April 2022

Read article
Topic:

Lauren Pope, CMI Student of the Year 2024

High flyer Lauren is no stranger to winning awards, having also taken home a prize from Nottingham Business School

Read article

Don’t miss out - get notified of new content

Sign-up to become a Friend of CMI to recieve our free newsletter for a regular round-up of our latest insight and guidance.

CMI members always see more. For the widest selection of content, including CPD tools and multimedia resources, check out how to get involved with CMI membership.