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Focus must be on entrepreneurs to create jobs - REC
Friday 23rd July 2010One of the Recruitment and Employment Confederation’s messages to the new Coalition Government has been the importance of effective guidance and mentoring support to help budding business tycoons become the employers of the future.
A key recommendation of the REC’s Youth Employment Taskforce was that more needs to be done to develop a new generation of entrepreneurs who can make their mark on the business world.
Sam Strange, Director of the REC’s own Business Support Unit, said: "The current environment makes it necessary for young people to start looking for alternate ways of getting on the jobs ladder and sometimes, one good, marketable idea can provide the catalyst.
"When Richard Branson started his record mail order company back in the early 1970s, he could never have imagined that his Virgin brand would later become one of the most instantly recognisable and respected global businesses.
"Entrepreneurship can be enhanced through effective support structures - it is a source of innovation and individual fulfilment that we need to do more to tap into. In addition, it is increasingly recognised as a key driver for future job creation as new businesses flourish and expand."
As well as running its own mentoring services to recruitment companies through the Business Support Unit, the REC has worked in co-operation with organisations such as the Entrepreneurs' Forum which helps people start new business ventures as an alternative to finding employment.
Strange said: "There is no shortage of experienced professionals with the right mentoring skills to assist the next generation of business leaders. The priority is to actively promote the entrepreneurship route and to put the right support structures in place. Otherwise, the future Sir Richard Bransons, Lord Sugars or James Dysons will not have the opportunities to be the household names of their generation."
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Mike Jones
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Posted By Les King on Friday 23rd July 2010 05:01:50A client of ours has developed a venture to helping budding entrepreneurs who have a product idea but don't have all the skills to bring it to market. Take a look at www.incub.co.uk and let anybody you know who has a great idea to contact them. You never know they could be the next Dyson !
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End of beginning as downturn slows slightly
The seasonally-adjusted CIPS/Markit Purchasing Managers’ Index (PMI) rose to 42.9 in April from 39.1 the previous month, but was lower than last year’s figure of 49.7. Despite remaining below the neutral 50.0 mark (a figure less than 50 indicates a contraction) for the 13th month running, the PMI moved further from February’s joint survey record low.

