Malcolm Cannon: Skills development and transformation hold key to future success

THIS week the IoD (Institute of Directors) celebrated our annual Director of the Year Awards, recognising the Scottish leaders who are rising to the daily challenges of running a business during very difficult circumstances.

The evening highlighted just how important the business community is in Scotland, and how vast our pool of talent is. Scottish businesses are at the heart of our economy, and so it was reassuring to hear the First Minister package up a range of plans to provide ongoing support to businesses last week and make a forceful commitment to their delivery.

Though several initiatives were announced to support a variety of sectors, two key themes cut through for me: skills development and transformation. Both pick up on recommendations laid down in Benny Higgins’ report from the Action Group for Economic Recovery.

The commitment shown to youth employment is especially encouraging. We know there is a lot

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