UK productivity growth lags 16% behind the G7; a new CBI report looks to improve this through better people practices.
The CBI launches new analysis in Great Job which highlights the productivity and shared prosperity benefits of improving business’ people practices. For the first time it highlights common barriers that can hold businesses back from adopting good practices and sets out seven key habits that people-driven businesses can adopt to effectively lead, engage and develop their staff.
Produced with analytic and research support from McKinsey & Co, Great job: solving the productivity puzzle through the power of people explores the business, economic and reputational benefits of more firms adopting great people practices. It shows that if businesses were to improve these practices, a massive £110bn could be added to the UK economy.
Great job identifies common barriers to progress and offers practical guidance on how to overcome them, through stories from businesses that effectively lead, engage and develop their people.
Given the huge economic prize at stake, business and the government should work to
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