Thursday, 20 August 2009

How important are qualifications to business success?

Even though kids are sailing through their exams, with 97.5% passing their 'A' levels this year, concerns have been voiced that this won’t resolve the skills gap problem. Most businesses feel that students are unprepared for work - that the gap between education and work is too large. As the students are fighting over university places, the Forum of Private Business dropped the bomb shell that most of its members would value school-leavers over graduates, with 77% of small business owners saying they don’t even need employees with university skills. Is there a misconception somewhere along the line – that you'll have more chance of getting a job if you have a degree? But we’ve already seen that unemployment among graduates is at an all time high. Student placements, internships and graduate schemes are one answer as this is beneficial to businesses and students, bridging the skills gap. Time and time again, experience and on-the-job training outweighs qualifications in the world of enterprise.

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