UKSPA - Breakthrough Issue 4

Page 64

IMPACT

Start ups need science parks Nurturing talent to help business thrive and contribute to UK Plc

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usiness models and needs today are dramatically different to just a decade ago. Technology has and continues to - radically change the workplace. Many jobs today didn’t exist a few short years ago. And that transformation will continue as companies harness the new and evolving technologies that are coming to the fore every year. While technological advances bring opportunity for businesses, they of course also bring challenges. For one thing, the skills modern businesses need today are totally different to what was needed ten, let alone twenty, years ago. And that pace of change is speeding up.

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Sherry Coutu CBE CHAIR, SCALEUP INSTITUTE Sherry is an entrepreneur, investor and advisor who chairs Founders4Schools, the ScaleUp Institute and the Financial Strategy Advisory Group for the University of Cambridge

Organisations have always relied on the skills of its people to grow and thrive, but the changing workplace means that people with the right skills and experience are increasingly hard to find. This is holding back businesses and holding back our economy at a crucial time. The vast majority (93%) of scale up businesses in the UK said they would be able to grow faster if they had access to talent with the right skills. Scale up businesses have already proven their growth. Imagine how much we could increase that by if we helped them find the right talent they need to grow even more?


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