Business and education must work together to solve skills shortage

Business and education must work together

Ingrid Waterfield comments in response to today's ‘Productivity Plan’ announcement by the Chancellor.


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Ingrid Waterfield, Director in KPMG’s People Powered Performance team, comments on today’s ‘Productivity Plan’ announcement by the Chancellor:

“It is positive news that the productivity report highlights that change is required across education through to exam structure.  However, providing a portal for career advice is a sticking plaster rather than looking at the heart of the issue and asking how education can support the economy and the key skills and capabilities needed in today’s ever-changing world.   Disappointingly, there is no suggestion that business and education are going to work together to resolve the UK’s skills shortage issues, nor are there any innovative solutions that are fit for the 21st century, “world-beating” and “ambitious” economy we wish to grow.

“Additionally, while it is encouraging that a number of the measures in the report are targeted at the younger end of the labour market, the Government must have a clearer vision of how to enhance productivity across the whole workforce which already spans four, soon to be five, generations.”


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About KPMG

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 12,000 partners and staff.  The UK firm recorded a turnover of £1.9 billion in the year ended September 2014. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 162,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such. 

This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.

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