Unlocking Britain's Potential –  A major event for senior decision makers ready to unlock the potential of their workforce.  21st February 2011

Transferable skills of people in finance jobs ’should be utilised’

Employers should ensure they make the most of their employees’ transferable skills, including those in finance jobs.

That is according to the Chartered Management Institute (CMI), which reveals that companies can maximise their business potential by making the most of the workforce’s transferable skills.

Mike Petrook, spokesperson for the CMI, said that companies should focus on work on a project-by-project basis, but link these up with the movement of employee skill sets.

He said firms could benefit from “focussing on the immediate needs of a project, making it work successfully, making it working
efficiently, and then ensuring that transferable skills are transferred to other parts of the business”.

Mr Petrook went on to say that such an approach would not only serve to benefit the business, but also the employees, who would learn new skills and gain new experiences.

According to a report by Capita Learning and Development, a skills gap in the British workforce is threatening to damage UK
businesses’ handling of the economic recovery.

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