BoS: 60% of Scottish business leaders would go back in time to prioritise workforce skills
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Martyn Kendrick
Scotland’s 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, Bank of Scotland’s Business Barometer shows 60% of Scotland’s bosses would go back in time to boost skills in their workforce. Nearly half (46%) would launch new products or services.
Look ahead to the future and the skills race is still on. The same proportion (60%) say upskilling is key to growth, with developing communication and collaboration (47%), sustainability-related skills (43%) and AI-related competencies (37%) top of their lists.
Martyn Kendrick, Scotland director at Bank of Scotland Commercial Banking, said: “In Scotland, companies are drawing on past experience to shape their future plans, and putting a strong focus on building the right skills to drive new growth.
“Alongside ‘hard’ skills in areas like sustainability and AI, softer skills, like communication and collaboration, are seen as critical for long-term success.”
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