SKILLS
People and skills key to growth for East Midlands businesses
Thirty-two per cent of East Midlands businesses see recruiting new people as key to driving their growth over the coming 12 months, according to recent research by business and financial adviser Grant Thornton. But the survey of the East Midlands’ most profitable businesses reveals that more than half (56%) of them believe the region’s talent pool is lacking, with a short supply of individuals with the skills and qualifications they need, and that this is likely to hamper their growth plans. Attracting talent into the region
is crucial to driving growth and creating a vibrant regional and local economy, and to achieve this, 37% of businesses say the wider East Midlands, and specifically Nottinghamshire, Leicestershire and Lincolnshire, must do more to promote themselves as a ‘desirable place to live and work’. Grant Thornton carried out the
survey at a series of recent events, hosted to launch the findings of the firm’s East Midlands Top 200
‘Sixty-five per cent of Leicestershire businesses, 46% of Nottinghamshire businesses and 74% of Lincolnshire businesses are finding business conditions slightly tougher than this time last year’
Report 2017. The survey also found that opening up new markets for existing products and/or services will feature in driving growth for 38% of East Midlands’ businesses, while 19% believe developing a new product or service will be critical. Mark Pashley, Director at Grant
Thornton’s East Midlands office in Leicester, said: “In our survey, we asked the East Midlands’ top performing and most profitable businesses how they are finding business conditions today compared to 12 months ago, and the vast majority said they are finding things more difficult. “Sixty-five per cent of
Leicestershire businesses, 46% of Nottinghamshire businesses and 74% of Lincolnshire businesses are finding business conditions slightly tougher than this time last year.
“On average, almost a third
(32%) of businesses across the region told us that recruiting the right people for their business is also a big barrier to growth. Encouragingly, 76% report a ‘significant increase’ in the availability of finance during the past 12 months.” The East Midlands Top 200
Report, now in its fifth year, analyses the financial performance of the 200 businesses in Derbyshire, Leicestershire, Lincolnshire and Nottinghamshire that have delivered the greatest, sustained profit growth between 2013 and 2016.
Mark Pashley
APPRENTICESHIP TRAINING
Linden has been in training and quality, health & safety, and food management auditing since 1993. We specialise in delivering Apprenticeship Training to meet your specific business needs. Our experienced and friendly team of trainers work with you to develop training that is flexible and relevant.
We are all about building relationships with our clients and passionate about delivering high quality training.
Apprenticeship training includes but is not limited to:
• Food Manufacturing Excellence with Food Safety • Food Industry Services with Food Safety • Hospitality & Catering with Food Hygiene • Cleaning Operations with Manual Handling • Warehouse & Storage with Manual Handling/Forklift Truck • Horticulture & Arboriculture with First Aid • Business & Professional Administration • Customer Service • Team Leading & Management
To explore these funded opportunities further please contact us on Tel: 0800 2980632 or email
info@lindenmanagement.org.uk
business network September 2017 49
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