Raising the bar: business priorities for industrial strategy one year on
- Document type
- Corporate author(s)
- Confederation of British Industry
- Date of publication
- 1 September 2013
- Management & leadership: including strategy, public sector management, operations and production
- Business and management
- Material type
Maintaining momentum on industrial strategy is crucial to securing prosperity through private sector growth and positioning UK businesses for long-term success in the global economy. This means moving further and faster to improve the competitiveness of the overall business environment, continuing to champion key sectors of the economy and refining how we use targeted policy interventions to support them, and taking action to build stronger supply chains that underpin those sectors. To deliver this change going forward business and government must focus on implementation to ensure words and translated into practical action.
The CBI’s 2012 report ‘playing our strongest hand’ argued that action to develop a coherent industrial strategy is needed to bolster investment and strengthen Britain’s global role as a trading nation. One year after government committed to developing such an industrial strategy in partnership with industry, this report provides the CBI’s perspective on the progress made and priorities for the future. It follows a series of CBI policy briefs on the automotive, construction and professional and business services sectors: in the near future we will also produce a sector plan for our world- beating creative industries.
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