Private Sector

We are ideally placed to play an important role in helping the private sector to meet the demands and challenges of the current economic climate - and to help companies capitalise on opportunities that training can provide.

In some respects, the Private sector can be directly compared to the Public sector: there are continuous challenges to do more with less. A strategy for sustainable growth (November 2010) clearly sets out how the Government intends to create the conditions needed to reduce the fiscal deficit and stimulate growth, which will have the effect of:

  • Strengthening economic fundamentals
  • Providing macroeconomic stability
  • Improving the functioning and openness of the markets
  • Improving government policy
  • Increasing productivity through skills, innovation, ICT diffusion and new firm start-ups

"Skills are vital to our future and improving skills is essential to building sustainable growth and stronger communities. A skilled workforce is necessary to stimulate the private-sector growth that will bring new jobs and new prosperity for people all over this country."

SKILLS FOR SUSTAINABLE GROWTH Strategy Document,

Department of Business Innovation and Skills

Stronger links must be created between learning and the capacity of employers and individuals to deliver enterprise and innovation. Further learning during working life facilitates progress, achievement of potential, and helps to build a society founded on social mobility and social justice.

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