A skilled workforce - and being skilled oneself - is vital to running a successful, resilient and agile small business. Today the impact of technology on business and the fact that people are working for longer, means it’s crucial for business leaders and workers to learn and apply new skills. Other skills, such as leadership and management skills, remain key to business productivity.
Our research shows that while small businesses recognise the advantages of training their employees, many do not invest in formal training because of the time, cost and training availability issues. We want the Government to make training more accessible and help small firms invest in areas such as digital skills and leadership and management skills. This will boost productivity and the economy as a whole.
To address the UK’s productivity deficit, businesses need a skilled workforce with effective leaders and managers. Our research shows that almost half (46%) of small businesses lack full proficiency within their workforce. We want to help small firms invest in training, to ensure all employees have the necessary skills to adapt to changes in the workplace.
FSB welcomes supply chain funding move
North East Bytesize Issue 158
Wessex Business Bytesize issue 181