Government putting money into Productivity

philip-hammondHere at Investors in Excellence we’re wondering if the chancellor has been following our recent blog posts and presentations “facing the productivity challenge”?

Headlining in his Autumn Statement was the creation of a £23 billion Productivity Investment Fund.

Judy Hart, Head of Business Development at IiE, says “Whilst we welcome the Chancellor’s investment into this challenge for the UK economy, money alone isn’t the solution. Closing the productivity gap requires underpinning your business strategy with operational excellence and focused expertise to deliver improved results.” Productivity has, of course, been a key focus here at Investors in Excellence and we are ready to respond.

Carolyn Fairbairn, CBI director-general, said: “The Chancellor has prioritised a pragmatic down payment on future productivity growth.

“His emphasis on R&D, housing and local infrastructure will help businesses in all corners of the UK to invest with greater confidence for the long-term, during turbulent times.  This will be warmly welcomed.”

How can you improve your productivity?

If you’re looking to close the productivity gap, be more effective and efficient in your organisation, get in touch to discuss a valuable 20 Point Productivity Plan to get you started which focuses on
“What Matters Most” and the four pillars of their standard:

  • Leading
  • Resourcing
  • Delivering
  • Achieving

Combined with a continuous improvement policy IiE has seen major productivity gains in the organisations they’ve worked with. Call us now on +44 (0)121 746 3150 or email iie@investorsinexcellence.com to find out more.