We want firms to be able to support their managers and workers to use and develop their skills.
When workers can develop and use skills, retention rates improve. The culture that supports this is largely set by top management.
Management capability plays a key role in enabling firms to organise work and introduce practices that optimise skills use and productivity.
Currently, both supply and demand for managerial development is low.
Action 3: Use public-private partnerships to enhance management capability in targeted geographic areas or industries.
We want to address gaps between supply of and demand for management capability opportunities in a way that suits the needs of firms and industries. Work aim to work in partnership to improve managerial capability so firms can be competitive internationally.
Action 4: Streamline government’s firm capability programmes and improve their links with private sector initiatives.
Many government initiatives have arisen in response to specific issues- we need to make sure that they link in a logical and efficient manner. We need to look at what is out there and make sure there is no duplication.
