Leadership in ‘laggards’ key to post-Covid productivity gains

29 September 2020

• New study challenges assumption that most productive firms will drive future productivity gains
• Inspirational leadership shown to boost productivity in firms of all sizes and sectors, even those starting with low levels
• Research provides evidence to support recent public investment in ‘soft skills’ training for business leaders.

New research from the Enterprise Research Centre suggests that small-to-medium-sized enterprises (SMEs) with lower starting levels of productivity – sometimes referred to pejoratively as “laggards” – are in fact just as likely to see gains over time as their more productive rivals.