PracticeConsultingLeadership skills in short supply

Leadership skills in short supply

A government-sponsored report has found leadership and management skills to be in short supply throughout UK plc.

In spite of rapid growth in business education, only one-fifth of the 140,000 new managers needed each year will achieve management qualifications.

Business schools and other training providers drew criticism as ‘insufficiently flexible to customise themselves to match organisations’ or individuals’ needs, most notably SMEs, where entrepreneurs have little time or money to attend courses.’

In other business finance news, preliminary results from venture capital group 3i showed a revenue profit after tax of £106m.

In the first half of the year the group saw a loss of £1,097m, which it said was largely due to a fall of £890m in the portfolio’s valuation. 3i invested £1bn included co-investment funds. The second half of the year generated a £137m profit.

Chairman Baroness Hogg said the business has detected improving business confidence among the companies it invests in, and higher levels of investment are expected next year.

Related Articles

5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Managing partner Q&A - the year ahead: Richard Toone, CVR Global

Accounting Firms Managing partner Q&A - the year ahead: Richard Toone, CVR Global

12m Kevin Reed, Writer
Deloitte 'self-imposes exile' on government contracts to defuse PM row

Accounting Firms Deloitte 'self-imposes exile' on government contracts to defuse PM row

12m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Julie Adams, Menzies

Accounting Firms Managing partner Q&A - the year ahead: Julie Adams, Menzies

12m Kevin Reed, Writer
Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

Business Regulation Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

1y Kevin Reed, Writer
Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

Audit Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

1y Kevin Reed, Writer
New head of equity capital markets for KPMG

Accounting Firms New head of equity capital markets for KPMG

1y Stephanie Wix, Writer