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Media comment: We need a reskilling revolution

15 December 2020

Dear editor, 

The findings of the two-year commission on workers and technology chaired by Labour MP Yvette Cooper are sobering, highlighting our country’s systemic issues such as our widening skills gap and faltering productivity. As we come out of the pandemic addressing these issues will be critical, or they risk becoming more acute in the post-Brexit world. 

Worryingly, our 2020 Mind the Skills Gap research revealed that 84% of UK SME employees surveyed are not currently undertaking skills training or professional development and that only 3 in 10 SME workers have undertaken skills training and professional development in 2020 despite the rapidly changing nature of business and ways of working. This complacency towards learning and development was a nagging issue prior to the coronavirus crisis and could hamper the country’s long-term recovery if attitudes towards learning don’t change. This will require a concerted effort involving the government, employers and employees.

Yours sincerely,

Andrew Harding, FCMA, CGMA
Chief Executive — Management Accounting
The Chartered Institute of Management Accountants, part of the Association of International Certified Professional Accountants