KPMG comments on government's industrial strategy.
Commenting on the Government’s Industrial Strategy, Justine Andrew, Public Sector Director at KPMG, said:
On universities and the industrial strategy
“The Government’s focus on upskilling the nation offers universities a real opportunity to further develop the role they play in the economy and think differently about how they operate. Whilst many institutions are very outward looking, commercialisation and working with businesses, as a key part of an eco-system in a place, remains an area for improvement for the higher education sector as a whole. Civic and enterprise engagement, or even playing a broker role between the two, will now need to be a fundamental part of what universities do, not just a side point of their strategic plan. This is an opportunity that universities should grasp with both hands.”
On skills strategy
“It is right for skills to be a core pillar of the Industrial Strategy, but the UK still has a highly complicated skills landscape, with a tapestry of different types of providers and sources of funding. Until those levers and incentives are tweaked, we won’t see a change in what training providers offer nor in people’s choices when they think about their education and career paths. There needs to be more support to help educate these organisations and parents on making those decisions, so we can incentivise choice, rather than the status quo.”
For media enquiries, please contact:
Alastair Henry, Citypress (on behalf of KPMG)
T: +44 (0) 161 235 0320
M: +44 (0)7738 206 847
Follow us on twitter: @kpmguk
KPMG Press Office: +44 (0)207 694 8773
Notes to Editors:
KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 13,500 partners and staff. The UK firm recorded a revenue of £2.07 billion in the year ended 30 September 2016. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 152 countries and has 189,000 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.
KPMG has launched a state of the art digital platform that enhances your experience and provides improved access to our content and our people, whatever device you are on.