Paul Everitt responds to the government's launch of a Green Paper on Modern Industrial Strategy
Paul Everitt CEO of ADS Group says:
“Sector specific industrial strategies are already helping UK aerospace to increase investment in R&T, improve productivity and compete more effectively in tough global markets. Today’s Green Paper signals a more ambitious approach to securing growth and preparing for the inevitable pressures that will accompany Brexit.”
The Aerospace Growth Partnership continues to deliver tangible benefits for companies across the UK through initiatives implemented to improve productivity; boost investment in innovation; and to enable companies to grow.
The Aerospace Technology Institute (ATI):
The ATI is a collaboration between Government and industry that is delivering the UK’s aerospace technology strategy, advising and challenging the sector through £3.9 billion of secured R&T investment, to ensure the UK retains its global competitive position.
Sharing in Growth:
UK aerospace suppliers need to constantly invest in their ability to deliver competitive performance. To support this, Sharing in Growth, set up in 2013, is set to deliver a £250M programme of intensive supplier development over four years to 64 UK suppliers.
NATEP:
National Aerospace Technology Exploitation Programme (NATEP) is aimed at helping small and medium sized suppliers develop their own innovative technologies to enhance their capabilities and increase their ability to win new business with higher tier companies anywhere in the world.
SC21:
SC21 (21st Century Supply Chains) is a change programme designed to accelerate the competitiveness of the aerospace & defence industries by raising the performance of their supply chains. The programme, which has more than 760 corporate participants, is based on companies following a framework to achieve and maintain set criteria within areas including: Business Excellence; Manufacturing Excellence; Relationship Excellence; and Quality and Delivery performance.
Investing in talent:
The AGP has put in place a number of initiatives to tackle skills gaps and ensure that the aerospace industry continues to attract and grow the talent needed to ensure it remains globally competitive. The AGP Skills Working Group (SWG) helps aerospace obtain, and invest in, the skilled people needed to meet short term demands and benefit from the opportunities created by technological change
ADS has been running a campaign focussing on SMEs that have seen tangibile benefits as a result of Industrial Strategies, read more about #SMEsuccess.
More information about the government's Green Paper can be found here.