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Employing German Mittelstand model ''could enhance UK operations management''
24 October 2011
More needs to be done to boost conditions for the UK's medium-sized businesses and help them to flourish.
This is the claim made by a leading business group, which has proposed adopting a similar model to the Mittelstand policy in Germany, in order to create a backbone of such firms for the country that drive exports, innovation and growth.
According to the Confederation of British Industry (CBI), such companies are the "forgotten army" of the nation's private sector and should be assisted to expand and enhance their operations management practices, maximising their productivity and potential.
The organisation wants to see greater support for such firms and director-general of the CBI John Cridland stated: "For too long these companies, which could inject tens of billions of pounds into our economy, have fallen under the radar of policymakers."
Industry body, EEF, the manufacturers' organisation, recently called on the government to include measures in its forthcoming Autumn Statement that will be of particular assistance to firms in the sector and help them to grow.
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