The defence sector is estimated to contribute around £10 billion to £12 billion a year to the UK economy. Comprising a range of long-standing and new businesses, this rapidly growing industry has always been crucial to the country’s operation and security – but now, its impact is set to strengthen even further as the government assigns more spend to it.
All businesses, no matter their size, should have a marketing plan.
No matter how many times we hear it in small talk, it still doesn’t feel possible that summer is here.
Louis Cooper our new Board, Governance and Risk Advisor, looks at need for good governance principles and how they can help you drive your goals and objectives to achieve your strategy.
As a business owner, you’ve most likely experienced more than your fair share of change lately. Hard as you try to build solid foundations — growing your team, building strong client relationships, and setting clear goals for the year ahead — it can feel as if there is some universal force hell-bent on shifting the goal posts around you.
From my experience, AI is already automating operational processes and enhancing decision-making which is proving to be a game-changer for SMEs looking to scale efficiently and attract potential buyers or investors.
Ahead of International Women’s Day, Louis Cooper, one of our affiliates who specialises in Board, Non-Executive Director and Board Committee development and Governance, Risk and Assurance, has shared his thoughts on gender representation at Board level.
The size, shape and scale of businesses operating in the SME sector is often characterized by the supplier, and the customer, having an interpersonal relationship rather than a transactional relationship that can be common in larger entities.
Good managers understand and emphasise the value of their people, recognising them as the cornerstone of success in their business yet often the time spent recruiting and developing their people lacks the appropriate level of attention.
Hugh Griffiths, Board Advisor with us at elephants child, is a former military aviator, turned entrepreneur. He founded Inzpire Ltd, one of UK’s fastest growing defence companies, which he led as CEO for many years. He shares his tips for SME leaders to help them survive and thrive beyond the start up phase.