More employers investing in the skills of their people
Whilst the majority of businesses do invest in their people’s skills, there is significant scope for improvement. Around 40% of businesses don’t invest at all in any one year. There are substantial variations between different sectors and size of businesses, and levels of investment are uneven in their reach, excluding key parts of the workforce.
There are also questions around management and leadership and how we utilise staff. Only 29% of businesses achieve higher performance working, whilst 40% of people report that their skills are under-utilised. This outcome will use our research to develop compelling stories that grab attention and promote a call to action to increase employers investment in the skills of their people.
Our Commissioner team leading this outcome :
Lead Commissioner: Jeremy Anderson CBE, Chairman, Global Financial Services, KPMG
Julie Kenny CBE DL, Chairman & Chief Executive, Pyronix Ltd
Brendan Barber, General Secretary, TUC
Lucy Adams, Director of Business Operations, BBC
Dr. Deirdre Hughes OBE, Lead Consultant, European Lifelong Guidance Policy Network
Our key deliverables in 2012/13
- Attention grabbing “stories” are developed from our research , and kept fresh, to promote a positive call to action
- The effectiveness of the stories are piloted in key sectors with potential, through at least eight Investors in People and other business and professional networks by end Q1
- Subject to a successful pilot, the calls to action are used to promote investment through wider business networks in sectors with potential (Q2 – 4), resulting in innovative, high quality bids to our investment funds
- Our Commissioners, through their networks, have communicated our stories to key audiences and ensured our call to action has greater investment focused on impact
- The number of businesses working with Investors in People in the promoted sectors has increased relative to other businesses by Q4, indicating that employers are starting to change their behaviour
