In a study of companies operating in the mechanical, technical and electronic engineering sector within the Portsmouth, Fareham and Gosport travel‐to‐work areas in South Hampshire the authors found that high training companies with an emphasis on the development of human resources were far less affected by skill shortages than low training companies which traditionally have emphasised the exploitation of human resources. Organisations which fail to offer any development possibilities may gradually lose their ability to retain and attract labour into the enterprise so that they effectively become side‐lined within the labour market. Organisations are urged to adopt a managerial vision which stresses company responsibility for training and development policies within a regenerative and community‐based framework for the enterprise.
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