Investors in People sound wake-up call for Yorkshire firms
Aug 3 2010 by Henryk Zientek, Huddersfield Daily Examiner
YORKSHIRE is failing to keep up with other regional economies when it comes to employment rates and productivity, it is claimed.
A new report – Ambition 2020: World Class Skills and Jobs for the UK – ranks Yorkshire and Humber ninth out of 12 regions in a productivity league table of the UK.
Yorkshire also has a lower than average employment rate – 70.9% versus the UK average of 72.7%. Overall it ranks 10th in the Regional UK Competitiveness Index.
The report warned that the UK risks sliding down the international productivity rankings – threatening the country’s competitiveness – unless its skills and employment systems are fundamentally improved.
Investors in People, the body promoting staff training and development in firms, urged local businesses to boost investment in the skills of their people to help stay on track and remain competitive.
Report author Mark Spilsbury said: “In the current economic climate, it’s more important than ever that businesses are able to get the best out of their people.
“This means challenging and inspiring managers and employees at all levels to achieve their potential.
“Employers have to be ambitious and act now to develop the skills they will need in future. This will improve their productivity and performance, benefiting them, their employees and the country as a whole.”
Steve South, managing director of Real Radio Yorkshire, which has Investors in People status, proposed a five-point plan for firms to improve skills and productivity.
They should review their business goals and break down business ambitions into small, manageable steps; create a plan for up-skilling the business to turn raw talent into the stars of the future; think creatively about how to train staff; consult employees when planning a learning and development strategy; and make sure they share their vision of the company’s future with the workforce.