Bad managers hold back UK GDP recovery
INCOMPETENT managers are holding back British firms and so stopping the economic recovery, the department for business, innovation and skills (BIS) claimed yesterday, calling on companies to step up their management training programmes.
The report found 72 per cent of organisations in England suffer from a deficit of management and leadership skills, with 43 per cent of managers rating their own line managers as ineffective.
“This army of eight million managers has a huge impact on this country’s productivity and global competitiveness,” said Peter Cheese from the Chartered Institute of Personnel and Development.
Skills minister John Hayes said state action is needed to help turn the situation around.
“Improving our leadership and management capability is fundamental to creating a culture where more organisations have the ambition, confidence, resilience and skills to respond to compete successfully, both nationally and globally,” he said. “The government is supporting this process by providing specific support to those businesses with the most potential.”