Policy Paper:

CMI’s Submission to the 2021 Comprehensive Spending Review

Friday 01 October 2021
Management and leadership skills can unlock Britain’s future. CMI publishes its priorities ahead of the 2021 Comprehensive Spending Review.
Houses of Parliament

Good management underpins our society and economy, but there is a market failure when it comes to developing this all-important management capability: without incentives, businesses simply do not invest in management training. As a result, the UK has a chronic gap between the management skills required by employers and the management capability of the workforce.

To close this gap, management and leadership skills must be regarded as essential spending, if the Government is serious about levelling up all parts of the UK. This is also crucial spending to build an economy that enables people and places to thrive.

CMI is urging the Government to prioritise investment in management and leadership skills through the Spending Review.

Our main asks of the Government are to:

  • Guarantee current expenditure on higher education.
  • Ensure apprenticeships funding is protected - including at degree level.
  • Embed good management by:
    • building management development into education, training, and business, innovation and sector policies in a systematic way
    • bolt on “core four” skills (communication, problem solving, team working and digital skills) for all Government training provision, and
    • a new requirement for Government procurement bids to demonstrate commitment to management and leadership development.

You might also like these posts on this topic:

Topic:

“Some of the feedback kept me up at night”

Eye-opening conversations about her management style pushed Sam Canham CMgr FCMI to work on her people skills

Read article
Topic:

Top marks: who’s in the running for Student of the Year?

We showcase the shortlist of five students who most impressed the judges

Read article
Topic:

Management Publication of the Year 2024

Shortlist Announced – Celebrating the best in groundbreaking business and management research

Read article
Topic:

“At times, I doubted my own skills… I overcame this by achieving Chartered Manager status”

Chartered Manager of the Week Dr Naznin Tabassum CMgr MCMI shares how becoming Chartered gave her the confidence to overcome

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.