Leadership and Management in the UK - the key to sustainable growth
01 July 2012
In July 2012, the Department for Business, Innovation and Skills launched a new evidence paper at a meeting of the All-Party Parliamentary Group on Management. The report, produced in partnership with leading stakeholders including CMI, provides a concise overview of the latest research evidence to help business advisers show employers why they may need to look again at their management and leadership capability.
Poor management and leadership is holding back the UK’s economic growth, according to a report launched in July from the Department for Business, Innovation and Skills. It highlights the growing research evidence suggesting that the UK is lagging behind international competitors. Nearly three quarters of employers in England report a deficit of management and leadership skills, while 43% of managers regard their own line manager as ineffective.
The report follows numerous high-profile management failures which have dominated the news since the start of the credit crunch and continue to make headlines in 2012. But the evidence shows that such incidents are only the tip of the iceberg, with the costs of ineffective management being felt much more widely across the economy.
Entitled Leadership & Management in the UK – The Key to Sustainable Growth, the report was produced by BIS in partnership with leading stakeholders. It provides a concise overview of the latest research evidence to help business advisers show employers why they may need to look again at their management and leadership capability.
The report sets out the policies put in place by the Government in England to address these critical skills gaps, such as the Growth Accelerator initiative, which provides tailored business packages to high growth businesses; the Growth and Innovation Fund which provides support to employers wanting to create sustainable skills solutions; and the Employer Ownership Pilot which provides funds to employers setting up their own training programmes. The report also includes policies put in place by the Scottish Government, the Welsh Assembly and the Northern Ireland Executive.