CMI comments on Apprenticeships Levy: "High quality professional managers don’t come for free"
“If businesses want a skilled workforce then it’s only right that they pay for it.”
25 November 2015
The Chartered Management Institute (CMI) has supported Chancellor George Osbourne’s plans for an Apprenticeship Levy, as set out in his Autumn Statement.
Commenting, Petra Wilton, CMI’s director of strategy and external affairs, said:
“If businesses want a skilled workforce then it’s only right that they pay for it. There may be some grumbling in boardrooms about this new levy but it’s time to rid ourselves of any apprenticeship snobbery about the quality of these new routes into professional careers. Take the Chartered Manager Degree Apprenticeship, for example. It’s been developed by employers for employers. Delivered by universities and business schools, it ensures apprentices receive the best of all worlds: a business degree, professional Chartered status and on-the-job training.
“Businesses with an eye on the future must realise the value of the upskilling their managers. Poor leadership and management is the biggest cause of the UK’s productivity shortfall, according to the latest OECD Total Factor Productivity figures. High quality professional managers don’t come for free so it’s time for businesses to put their hands in their pockets and invest for the future.”
The Chancellor’s statement follows the launch in November 2015 of the Chartered Manager Degree Apprenticeship.
The new Chartered Manager Degree Apprenticeship has been developed by a group of 40 employers and universities, led by Serco and supported by CMI. The scheme was given the green light in July by the Department of Business, Innovation and Skills. This course is among the first of the Degree Apprenticeships offered under the Government’s Trailblazer programme, which was announced in March by Prime Minister David Cameron.
The Degree Apprenticeship is aimed at helping meet the requirements of a growing UK economy needing more than one million new managers by 2020. Under the scheme, managers who complete the apprenticeship will earn a degree in management and business and become a Chartered Manager.
Nine higher education institutions*, including Sheffield Hallam and Anglia Ruskin, are among the first to offer the Degree Apprenticeship to employers. It is expected that many more universities will offer the course in the next academic year.
The four-year courses bring together a world-class business education, work-based learning and professional development through to Chartered Manager status, tailored to the needs of employers and employees. The Chartered Manager Degree Apprenticeship will provide work-based learning for both non-graduate existing managers as well as school leavers.
Apprentices will follow a programme developed by employers, CMI and the Chartered Association of Business Schools, ensuring they earn degrees from renowned universities and business schools. Apprentices become members of CMI and will attain Chartered Manager status by the end of their apprenticeship. Chartered Manager is the highest accreditation that can be achieved in the management profession**.
Designed for all sizes of organisation, the apprenticeship is set to be adopted across the Civil Service, and the Birmingham City Council being among the first in the public sector to commit.
For more information, including details of the business schools ready to deliver the programme, visit: www.managers.org.uk/degreeapprenticeships
Twitter: @cmi_managers #MgtApprenticeship
For further information, interviews or case studies of the apprentices or employers please contact:
Notes to editors
*The nine higher education institutions currently offering the Chartered Manager Degree Apprenticeship to employers are:
- Aston Business School
- BPP University
- Bristol Business School
- Hertfordshire Business School
- Lord Ashcroft International Business School, Anglia Ruskin University
- Manchester Metropolitan University Business School
- Nottingham Business School
- Sheffield Business School, Sheffield Hallam University
- Southampton Solent University, School of Business and Law
**According to the latest research, on average Chartered Managers each add £391K of value to their employers
- The Chartered Management Institute (CMI) is the only chartered professional body for management and leadership, dedicated to improving managers’ skills and growing the number of qualified managers.
- Our professional management qualifications span GCSE to PhD equivalent levels, including the unique Chartered Manager award, which increases earnings potential and improves workplace performance.
- We provide employers and individual managers with access to the latest management thinking and with practical online support which helps them embrace change, create high performing teams and keep ahead of the curve.
- With a member community of 120,000+ managers and leaders, we promote high standards of ethical practice through our Professional Code of Conduct, and help managers build their expertise through online networks, regional events and mentoring opportunities.