Common pitfalls for high growth business leaders

In short Focus: tie development to the strategic priorities Customise: make your own playbook rather than apply someone else’s Align: too many well-meant initiatives create inertia Experience: engage someone who has actually done it Adapt: no silver bullet, and different people need different styles Intellectual capital: balance skin in the game with objective counsel Commitment: … Continue reading Common pitfalls for high growth business leaders

Five steps to creating an effective Venture Board

In short Purpose: be clear what the board is actually for Scope: advisors plan and decide, they do not do Chair: get the chair and CEO axis right Selection: networks, insight, credibility Dynamics: individual qualities, collective behaviours While there is extensive analysis available on how boards of established companies should operate, especially those in the … Continue reading Five steps to creating an effective Venture Board

Top five reasons why businesses fail to scale

In short Only 4% of UK businesses grow beyond ten staff Sales development that stalls after product-market fit The talent and productivity gap Access to finance Infrastructure to build on Leadership that has to develop with the business ‘Only 4% of UK businesses grow to have more than 10 staff’ is the worrying statistic released … Continue reading Top five reasons why businesses fail to scale

How to return to growth? Ten growth hacks

In short Six of the ten lessons that matter most Plan early: when, where and how to grow Reallocate resources; half-baked is a distraction Understand the customer beyond ‘truthiness’ Embrace digitisation, and the talent it needs Build a network of advisors; be wary of sycophants Finance should accelerate decisions, not just report them As outlined … Continue reading How to return to growth? Ten growth hacks

Hope is not a plan: build resilience quickly and reignite growth

Responding to COVID-19 has meant that most businesses have had to dig deep. While there will be few outright winners from the crisis, most business leaders will know that they will have to adapt. In this article we explain five basic practices that successful businesses will embrace and six growth drivers that businesses can refine … Continue reading Hope is not a plan: build resilience quickly and reignite growth