Have you invested enough to help the Chancellor meet his target?

Chancellor George Osborne says in his July 2015 Budget speech that it is his ambition to make the UK the world’s most prosperous major economy by the 2030s.

Responding to this, the Chartered Management Institute’s Director of Strategy, Petra Wilton, says:

“Management is the missing piece in the productivity puzzle. CMI research shows that poor management costs the UK economy more than £19bn a year and business investment in management development has long lagged behind our competitors. We hope the Chancellor uses his forthcoming productivity speech to set out how he will change this.”

We at Mentor Corporate Coaching say this to business leaders: Ask yourself the question – Is my investment in my company’s management development enough to stay ahead of my competitors?