7 SMART THINGS GROWING COMPANIES DO

A guide for mid-sized and growing businesses

As a company grows, it is easy to get stuck in the day-to-day. To avoid set-backs, there are some key issues that are important for growth and that are worth considering when developing a sustainable strategy, defining the role and responsibilities of the board, and ensuring your business has the right skills to succeed.

In this report, we detail seven smart things that many companies struggle to prioritise when dealing with the day-to-day running of the business.

Read on to discover if your business can turn obligations into competitive advantages and threats into opportunities.

Medium-sized businesses – especially those with a turnover of between £10 million and £100 million – have the potential to be a powerful growth engine for the UK's economy.

They represent less than 2% of businesses, but generate 23% of economic revenue and 16% of all jobs. [1]

To unleash their potential MSBs need:

  1. Greater confidence and ambition to grow
  2. Better capabilities for exports, talent management and leadership
  3. More availability of long-term, patient capital to fund growth

In this report, we look at key issues that can help businesses to build the right leadership capabilities to underpin long-term success.

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References

[1] CBI, Future Champions, October 2011