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Employers 'can maximise current and future potential by being flexible' PDF Print E-mail
Employers 'can maximise current and future potential by being flexible'Employers in the City of London and across the nation can maximise the potential output of their business in the aftermath of the global economic downturn by making the most of the transferrable skills offered by both their current and future members of staff.

That is the opinion of the Chartered Management Institute (CMI), which has stated that companies in the West End and East End and beyond must adapt and alter their internal workplace and recruitment policies after the recession in order to encourage and accelerate their own individual periods of recovery.

A report published earlier this month (July 6th) by Capita Learning and Development showed that there is now a significant skills gap within the country's workforce which could threaten its wider fiscal revival.

The research questioned the senior decision-makers - which could include the CEO, a director or a sales management team - at the 500 biggest companies in the UK.

It found that almost three-quarters - 70 per cent - of these business leaders fear that an inadequacy in ability among their members of staff could have a damaging effect on their efforts to boost their productivity and income stream.

Meanwhile, around two-thirds admitted that their under-trained workforce is now struggling to cope with the additional demands placed on them by their company during its post-recession streamlining process.

The study attributes these problems to the firms' learning and development departments failing to adapt to the necessary strategic change over the last two years or so, which, it concludes, would have held them in good stead to fight their monetary issues.

In addition, research published by Hays on July 7th found that the private sector is missing out on a key tool for the recovery by viewing a flexible workforce - which consists of both temporary and permanent members of staff - as a method to be used in order to avoid an employee headcount.

However, this should instead be facilitated to tap into new skill-sets offered by employees, the study states. It found that flexible working conditions can be more conducive to a constructive working environment after the recession, but found that nearly half of all employers - 46 per cent - do not recognise this fact in the make up of their workforce.

And this - which allows firms to maximise their employees' transferable skills - is, according to Mike Petrook, spokesperson for the CMI, crucial for companies to help themselves in these ongoing tough financial times.

"There is certainly an increasing need for project work and a number of organisations that we're talking to say that they are bringing different people in for different projects," he commented.

The expert went on to state that these forward-thinking organisations are seeking to facilitate any relevant skills an individual may prove themselves to have in other departments as well as their own.

Businesses can, Mr Petrook continued, benefit from this as it is "a good thing for an organisation's development and also for staff learning new skills and gaining new experiences."

Posted by James Strang
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