Mike interviewed on business growth by the Yorkshire Post
PES managing director, Mike Maddock has been interviewed by the Yorkshire Post Business supplement about the importance of SMEs seeking support to assist their businesses development.
In the interview, Mike contrasts a former role as regional operations director at blue chip pub company Spirit, with his current challenge at PES with business partner Dan Fleetcroft.
“I ran 175 businesses, with 5,000 staff and turnover over £153m… but that was an easy job compared to running an SME (small or medium-sized enterprise), because I had the resources, structures and systems in place to be able to delegate things, whereas now you have to do everything. There’s no delegating,” said Mike.
As an SME, it’s important not to be insular, he said, adding that it’s crucial to get support. This ethos has seen him take advantage of the Goldman Sachs 10,000 Small Businesses programme and now GrowthAccelerator, a partnership between the private sector and Government, which was launched last year for SMEs with potential for rapid and sustainable growth.
Mike said: “I think no matter what stage you are at or what experience you have in business there’s always room to learn more.”
The £200m GrowthAccelerator programme sees business coaches working with companies to identify their barriers to growth and ways to overcome them, focusing on issues such as securing finance, commercialising innovation or developing leadership and management capability.
Mike said: “They make you step back from being in the tumble drier and have a strategic overview of your business and plan for the future rather than just being in the here and now.”
PES joined GrowthAccelerator a year ago. “We went from a strategy to starting to deliver on how to make that outcome a reality,” said Mike. Currently a team of three, the firm has a graduate trainee starting this week and another junior designer coming on board in two weeks. It is also looking for another senior designer. Mike added: “The business is slowly starting to grow and we’re talking to some larger clients with some fairly hefty projects.”
Part-funded by the Department for Business Innovations and Skills, GrowthAccelerator is being delivered by a consortium led by Grant Thornton. Companies pay a fee to join the programme depending on their size.
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