Small businesses in the UK need to be well run if they are going to be successful.
Typically these companies will have limited budgets – especially when starting out – and so a lot depends on the quality of the workforce as they seek to grow.
However, research by city law firm Speechly Bircham and King’s College London has found that 37 per cent of senior HR professionals have identified a shortage of skills in key areas.
In order to deal with this situation, 60 per cent of those questioned are turning to learning and development.
This is great news, because it means firms are investing time and resources in their existing members of staff to help them develop the necessary skillset.
Hopefully, this is a sign of things to come, as employee performance is always going to be the bedrock of any organisation and so it is something that decision makers should be taking seriously.
Posted by the Secret Businessman