Policy briefing: Government's industrial strategy -
What does it mean for the project profession?
The government has adopted a new approach to supporting industry with the launch of a green paper about its plans to support industry and, consequently, improve UK productivity.
On 23 January 2017, the Department for Business, Energy & Industrial Strategy published Building our Industrial Strategy. This green paper sets out the government’s plans for supporting the UK’s industrial sectors, improving productivity, driving growth across the country and making British business more competitive.
The new strategy can be seen as a natural extension of the Fixing the Foundations report (HM Treasury, 2015), which spelt out plans to make the country more prosperous. Fixing the Foundations launched a more interventionist approach from government to tackle the UK’s low level of productivity compared with other Organisation for Economic Co-operation and Development countries.
The strategy is made up of 10 pillars that draw together a range of new and existing policies, summarised below. This briefing focuses on two of the pillars that are most relevant to APM and the wider project management profession: developing skills and upgrading infrastructure .