In the 21 st century the changes affecting industry are happening at an ever increasing speed. A speed which Government and industry hasn't always kept up with. But we must in the future. Identifying the challenges and opportunities and the choices we need to make to succeed in the future. The challenge for Government is how to prepare Britain for a world in which knowledge is the new currency.
Government has a key role to play.
Not the old interventionist approach - picking winners, and all too often propping up the failing industries of the past rather than backing the growth industries of the future. Equally we must reject laissez faire indifference. A belief that the market always knows best. Instead we need an active industrial policy. A policy which puts in place the building blocks we need for the future.