Transcript Michael Davis presentation

People and skills
Trends, change and measurement
Michael Davis
Chief Executive – UKCES
What we do
Our Commissioners
The Future of Work
Trends shaping future UK jobs and skills
5
Disruptive scenario for 2030
Jobs and skills in 2030
This time was different
Productivity behaved differently
Data from ONS Labour Productivity and ONS International Comparisons of Productivity.
Estimating GDP is complex
Intangible assets
US
UK
Netherlands
Italy
Germany
France
Finland
-1
-0.5
0
0.5
1
1.5
2
2.5
3
3.5
average percentage points contribution, 1995-2007
Tangible
Software/Innovation
Competence
Skills
TFP
4
Have we been measuring the right things?
investment as % market sector GVA
30
25
20
15
10
5
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
tangible investment
software
innovative property
market research and advertising
training and organisational capital
Data from INTAN-invest. Cited analysis is from Goodridge, Haskel and Wallis, 2013.
How to deliver growth through people:
5 priorities
Employers should lead on skills and government
should enable them
Workplace productivity should be recognised as
the key route to increasing pay and prosperity
‘Earning
and learning’ should be the gold standard
in vocational education
Education and employers should be better
connected to prepare people for work
Success should be measured by a wider set of
outcomes, not just educational attainment
Find out more
www.gov.uk/ukces
[email protected]
@ukces