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Rupert Soames on lessons to be learned from Germany's economy

Updated Thursday, 10th March 2011

"It takes a long time to build up a competitive advantage"

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Rupert Soames
Well I think one of the things is education, and also competitive advantage, is that what we have learnt from Germany is that it takes a long, long time to build up the sort of competitive advantage they have in engineering and all those, and that’s, a lot of that is to do with education.  And we now run apprenticeship programmes, we’re trying to model ourselves more on the German model, that we've gone through a whole process where people used to steal each other’s trainees and now I think what is good in British industry is that there is more focus now on training your own people, and that’s a lesson that we've learnt from Germany.

What lessons can be learned from Gemany's economic success?







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