The UK currently has an estimated 2.4 million untrained ‘accidental managers’, and with poor management costing employers around £84 billion a year according to the OECD, firms are being advised on how to turn this around.
‘We are entering a new age of business leadership and management, and it is therefore imperative that we build a cadre of future leaders equipped to deal with the changing world of work’– that’s the message from Leadership 2025, the latest in the REC’s series of Future of Jobs white papers published with the Association for Project Management (APM).
In a recent REC poll, 1 in 4 recruitment businesses reported investing in future skills and business leaders as their main organisational priority.
This latest white paper Leadership 2025 sets out a number of ways in which the UK business community can help build a strong base of future leaders and managers. These include:
- Understanding evolving leadership needs, and re-evaluating current management development programmes accordingly.
- Providing better guidance and support to individuals to give them the skills and confidence to progress into management roles.
- Driving inclusive search and recruitment practices at all levels to build a diverse pipeline of future leaders with the best talent available.
- Investing in training and developing a cadre of future leaders and project management professionals, equipped to steer organisations through a fast-changing business landscape.
- Recognising that enhanced leadership and management capability not only drives productivity but also improves business culture.
- Building better bridges between education and work through initiatives such as the REC’s Future of Jobs Ambassadors network.