Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Report Highlights Importance of Workforce Skill


MEDIA RELEASE – 23 April 2008
 
Report Highlights Importance of Workforce Skill Use
 
Businesses need to focus more on how to get the best value out of their training in order to increase productivity, a new report shows.
 
The Skills-Productivity Nexus report, released today, was commissioned by the Industry Training Federation and the Department of Labour. It emphasises that increasing productivity requires not just an increased supply of skills, but also thinking about how businesses can get the best value out of the training in which they invest.  The report was prepared as part of a study on how industry training organisations can help build productivity at individual businesses.
 
“It shows that getting the full benefit from training requires thinking about the work environment in which training occurs and skills are actually used – thinking about deployment as well as development,” Industry Training Federation Executive Director Jeremy Baker said today.
 
The report also examines what a selection of New Zealand industry training organisations are doing to promote productivity in individual workplaces. These include the Agriculture ITO, the Apparel and Textile ITO, and ITOs involved in the Competitive Manufacturing Initiative.
 
“In our tight labour market, relevant and effective training practices are key to increasing productivity. While ITOs continue to focus on developing and arranging training for their industries, many are also increasingly working with businesses to ensure that skills are effectively utilised in the workplace,” Mr Baker said.
 
“This report not only highlights the value of ITOs’ industry skill leadership role, but documents some useful examples of how ITOs can and are actively helping companies to meet the twin challenges of addressing skill shortages and raising labour productivity”.
 
The next phase of the project involves case study work with specific businesses in the printing and packaging, apparel and textiles, and forestry industries. This will identify some specific lessons and approaches ITOs can use to help businesses raise productivity.
 
The project is supported through the Workplace Productivity Reference Group, an initiative that includes business, union, and government representatives. The Industry Training Federation is a membership organisation representing all of New Zealand’s 40 Industry Training Organisations.
 
ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>

ALSO:

Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>

ALSO:

Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>

ALSO:

Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>

ALSO:

Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>

ALSO: