East Midlands business leaders are channelling their inner Doc Brown – and they’ve got a message for their past selves: “Great Scott! Train your team!”
In a nod to Back to the Future’s 40th birthday, Lloyds’ Business Barometer shows nearly half (45%) of East Midlands bosses would go back in time to boost skills in their workforce. A similar proportion would invest more in marketing or communications (47%), while two in five (40%) would launch new products or services.
Look ahead to the future and the skills race is still on. Nearly half (47%) say upskilling is key to growth, with skills relating to sustainability (62%), AI (51%), cybersecurity (48%) and leadership (45%) top of their priority lists.
Dave Atkinson, regional director for the East Midlands, said: “Across the East Midlands, businesses are taking cues from past experience as they plan ahead and prioritise the skills that will help them grow.
“Alongside know-how in areas like sustainability or AI, leadership skills are seen as a vital ingredient to long-term success – something that will help companies not only achieve their ambitions, but also build even stronger resilience.”
