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Small Business’ Skills in a Global Economy IAN KINDER National Director, Small Business Policy Development Small Business Service Making the UK the best place in the world to start and grow a business Government economic policy Grow the growth rate of GDP/pa Increase Productivity Increase Employment Rate Increase Output per Worker Increase Number of People Economically Active Enterprise Skills Innovation Competition Investment PRODUCTIVITY DRIVERS Making the UK the best place in the world to start and grow a business Making the UK the best place in the world to start and grow a business International Comparisons Making the UK the best place in the world to start and grow a business Firms reporting Skills Gaps Proportion of firms reporting a skills gap 70% 60% Proportion of firms reporting a skills gap 63% 62% 200 to 499 500+ 60% 48% 50% 40% 35% 30% 22% 20% 14% 10% 0% Total 1 to 4 5 to 24 25 to 99 100 to 199 Size of firm (number of employees) Making the UK the best place in the world to start and grow a business Proportion of vacancies that are hard to fill Making the UK the best place in the world to start and grow a business Drivers for Investment in Skills •the recruitment of new staff •new products or service development •significant changes in technology •changes in work organisation •the introduction of new regulations relating to work practices e.g. Health and Safety SBC – Measuring training in Small Firms Making the UK the best place in the world to start and grow a business Regional Skills Partnerships… •Stimulate demand for skills from employers •Ensure that skills solutions are demand led •Strive to meet the needs of your customers •Deliver on an integrated business development and skills brokerage system •Ensure that your input makes a difference ! Making the UK the best place in the world to start and grow a business Small Business’ Skills in a Global Economy IAN KINDER National Director, Small Business Policy Development Small Business Service Making the UK the best place in the world to start and grow a business
