BIS Committee report on the Government’s Productivity Plan
Michael Mercieca, chief executive of Young Enterprise, responds to the BIS Committee report on the Government’s Productivity Plan
The Business, Innovation and Skills Select Committee released its report on the Government’s Productivity Plan earlier this week. Responding to the publication, Michael Mercieca, chief executive of Young Enterprise, said:
“We welcome the Business Innovation and Skills Committee’s findings, in particular its recognition of the positive impact that enterprise initiatives can have in schools, including Young Enterprise’s own activities across the country.
Our own impact is clear: 93% of young people who took part in our flagship Company programme last year feel that they are better at working in a team, and 88% believe their ability to work productively under continuous pressure has improved.
We agree with the Committee about the importance of cross-departmental working in Government to help ensure more young people enter the workforce with the necessary employability skills to maximize their productivity potential. In order to achieve this, it is crucial that young people have the opportunity to gain experience of work during their educational journey.
Real-life enterprise scenarios where students work with business advisers to set up and run their own companies and learn about the world of work can have a transformational effect on their readiness for the workplace. This allows them to make a positive contribution from day one and minimises the need for firms to invest unnecessary time and money into developing basic employability skills.”