Training — The European challenge

It is no secret that Britain has failed to keep up with most of its European partners in the quantity and quality of both its public and private sector training. For many years now, commentators have not been slow to point out that British firms consistently undervalue their most valuable resource — people. There are clear commercial consequences of this policy failure: most notably a lack of international competitiveness, the inability to maximise available skills, a failure to adapt to change, and a pervasive problem with employee morale.