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Big role for business in creating Cameron’s true equality of opportunity

08 Oct 2015

The Institute of Directors has said employers will listen to David Cameron’s concerns on social mobility and work to make sure that the private sector delivers equality of opportunity. Simon Walker, Director General of the Institute of Directors said:

“We fully support the Prime Minister’s powerful comments on the importance of true equality of opportunity. Employers are alive to the issues he identified, and will hear his call on diversity and problems surrounding recruitment practices. Business can, and should, offer everyone the chance to use their talents and build a satisfying career.

“The IoD will continue to work with our members and the business community to see what more can be done to realise the full potential of Britain’s workforce. This includes everything from encouraging businesses to engage with local schools, colleges and universities, removing names from CVs where possible, and paying and training interns appropriately.

“The economy will change in as-yet unpredictable ways in coming years, with new business models and technologies transforming whole industries. The future success of our society will depend on the agility and alertness of firms in seizing new opportunities, and to do this they cannot afford to miss out on creative and innovative people, whatever their background or gender.  

“Mr Cameron’s desire to reform house building is entirely justified. The scale of the challenge, however, is monumental. The number of new builds has been far below what is required for years, and this is the root cause of all of the problems within the housing market. For once, the proposals touch on the issue of supply as well as demand. They must be the first of a much more radical solution to tackle nimbyism and unleash housebuilding across the country.

“With Europe set to be the defining issue of the Prime Minister’s second term, it was surprising that he did not use this opportunity to give a full and frank update of his progress to secure European reform. Our members will support attempts to reform the principle of ‘ever closer union’, but there was no news on when the vote will be held, or how Britain aims to achieve reforms which will boost competitiveness across the bloc, and loosen the knot of EU regulation choking many small businesses.”

The IoD report, Balancing UK Productivity and Agility which outlines why policy-makers must prioritise business agility was released yesterday. The full report can be downloaded here.

The IoD is working with the Department for Work and Pensions on their ‘See Potential’ and ‘Disability Confident’ campaigns to boost employment opportunities.

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