Nearly two-thirds of employers agree that weaknesses in leadership and management skills in the UK are holding back company growth.Research published by Cranfield School of Management and learndirect shows that despite employers recognising the hole in management skills, only four in ten offer management training. The report The new vocational currency: investing for success examines the value of vocational qualifications to both individuals and employers, while also looking at the issue of management skills in UK businesses. The study reveals that more than two-thirds (68 per cent) of employers agree that weaknesses in leadership and management skills are preventing employees from reaching their full potential. As a result, the report recommends making management skills mandatory for all apprenticeship frameworks at level three and above. “This research clearly shows that employers agree a lack of management training is having a negative impact on business growth,” says Dr Emma Parry, reader in human resource management at Cranfield School of Management, and a co-author of the report. “It is clear that vocational qualifications are strong currency in the UK employment market. British businesses have an opportunity to broaden their talent pool by recruiting more people who hold vocational qualifications and may have been overlooked in the past due to not having a degree.” Other recommendations in the report include improving the status of vocational education and training in the UK – for example through a national government-led campaign and introducing a new duty on schools to provide information, advice and guidance on the full range of vocational options.
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