As I have said, education alone is not enough. The system of training which we have introduced, which my colleague John Hillier spoke about this morning, has also been on offer not only for young people, but also for people already in work. That again, as he told you, has been entirely employer-led. So I would say, the guarantee of our quality more than anything else, has been the involvement of employers. Unless we invested in management training we could not have achieved the economic success that our country currently enjoys.
Management training is an essential ingredient of the economic success.
The people who run small or large companies need new skills to run fully market oriented businesses to compete in this ever shrinking global economy. The rewards, as we have found, for any country moving in this direction, are of transition to a fully competitive, technologically sophisticated economy, and that is a prize worth major investment.