
Have you seen the recent news about the productivity of UK workers, or rather lack of it? Output per hour is 16% lower than other G7 countries and a French, US or German worker produces more in 4 days than a UK worker can produce in 5
We had the pleasure of attending an event run by HSBC this week where the Bank of England Agent for Yorkshire and the Humber, Juliette Healey shared her concerns about lack of productivity and how this will make it difficult for UK businesses to compete globally. Part of the issue is reported to be lack of investment in buildings, machines, tools and computers. But there’s no doubt that we need our workers to be more productive as well.
At Pro-Development we’re passionate about helping businesses across Yorkshire and the Humber to increase their productivity through people engagement. To find out more about our approach to employee engagement, click here. Or, why not come along to our next workshop on the morning of the 22nd November, click here for more information and to book your place.
The CIPD identify management development as a solution, with Ben Willmott, CIPD Head of Public Policy advising, “If policy makers are serious about addressing the UK’s long-standing productivity deficit – particularly among the nearly 1.3 million small businesses that employ between 1 and 50 people – then they have to start seriously thinking about how to improve management quality, which the Bank of England’s Chief Economist, Andy Haldane has identified as a key area for focus”.
Our experiential management development programme focuses on the importance of holding honest conversations and managing performance. We have one place left on our next programme commencing in January, click here for more information, or contact us.
Written by: The Pro Development Team
Published: 8 November 2017
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