The Economic Impact of Management Apprenticeships How Management Apprenticeships Boost Productivity and Economic Growth How Management Apprenticeships Boost Productivity and Economic Growth cta?? Unlocking Economic Growth Through Management Apprenticeships Management apprenticeships are playing a crucial role in shaping the future workforce by boosting productivity, enhancing social mobility, and strengthening the economy. A recent study by the Chartered Management Institute (CMI) and Oxford Economics reveals the significant impact of these programme on businesses and individuals alike. View the infographicRead the full report Key Findings Management apprenticeships deliver – at every level – and need to be a key part of the skills mix across the UK, both now and into the future. Impact on Business £106m Management apprenticeships improved business revenues by £106.1m last year alone, showing a strong link between skills investment and business growth. Impact on the Economy £6,800 Each CMI management apprentice boosts UK GDP by an average of £6,800 annually. Gender Diversity 59% Women now make up the majority (59%) of management apprenticeships, outpacing the 46% of women in the UK’s overall management workforce. The importance of Management Apprenticeships Management apprenticeships bridge the gap between education and real-world leadership. Unlike traditional degree programmes, these apprenticeships provide: Hands-on Experience Practical leadership training within real business environments. Immediate Workforce Contribution Apprentices start adding value to businesses from day one. Cost-Effective Talent Development Businesses can train future managers while maintaining productivity. Read the report Want to learn more about how management apprenticeships are transforming the economy? Read the Full Report
