Investing in productivity: unlocking ambition
Explores the links between productivity gains and achieving business growth
Despite two years of solid economic growth, 21% of the organisations surveyed for our report are still stuck in ‘survival mode’ and aren’t making the necessary investments in equipment or people to boost their productivity. A further 29% are failing to get the right balance between investment in their workforce and investment in technology and equipment.
The report warns that too many businesses are being held back by an ‘ambition ceiling’ which is preventing them from making the productivity gains needed to achieve business growth. Based on survey data from 930 organisations by YouGov in June 2015 as part of the CIPD’s regular Labour Market Outlook (LMO) survey.
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