Sme jobs growth strategy development
-
Upload
john-hemphill -
Category
Documents
-
view
59 -
download
4
Transcript of Sme jobs growth strategy development
©2015 Voyager Strategies Slide 1
Regional SME Jobs-Growth Strategy Development
©2015 Voyager Strategies Slide 2
The SME Job Creation Proposition
The best way of retaining and building high value jobs lies with a Region’s growth SMEs
©2015 Voyager Strategies Slide 3
What do SMEs have to do?
• To create sustainable jobs, SMEs have to lift their activity levels (Sales) through investment in new business development;
• To achieve a sustainable growth rate of ≥10% pa, SMEs need to invest up to 10% of annual Sales in:• Identifying and validating additional business opportunities;• Making the best of these market-ready;
• And, they need to spend another 10% of annual sales on marketing and selling their existing and new offerings.
©2015 Voyager Strategies Slide 4
What sort of companies can do this?
Success requires companies which are:• Confidently managed;• Outward looking;• Addressing areas of real opportunity;• Are capable of making investments in the right areas
of business growth – and are willing to do so.
So, what can a Region do to accelerate the willingness and competence of growth SMEs to invest successfully in sustainable growth?
©2015 Voyager Strategies Slide 5
Which brings us to the SME Regional Jobs Pyramid
Set Key Industry, other Strategies
Set Regional Job Goals
Garner Stakeholder Commitment
Jobs
Project Evaluation
Support local growth community
Support targeted SMEs
Identify Growth SMEs
Jobs
Sustainable Growth
©2015 Voyager Strategies Slide 6
And Jobs Growth Strategy Development
Set Key Industry, other Strategies
Set Regional Job Goals
Garner Stakeholder Commitment
Jobs
Project Evaluation
Support local growth community
Support targeted SMEs
Identify Growth SMEs
Jobs
Sustainable Growth
©2015 Voyager Strategies Slide 7
Voyager Strategies helps you put effective strategies together
©2015 Voyager Strategies Slide 8
The Jobs Creation Assessor
We workshop an overview of job creation opportunities in your Region using our SME Jobs Creation Assessor.
This provides an excellent introduction to the issues involved.
©2015 Voyager Strategies Slide 9
Stakeholder Commitment
We workshop with you issues and implications of using SME-Job Development Strategies in your Region.
We help you identify the resources you’ll need access to successfully execute these strategies.
©2015 Voyager Strategies Slide 10
Regional Job Goals
We work with you on realistic Goals for job creation by the region’s SMEs taking into account the changes companies will need to be stimulated to make.
We can show you how these changes can be linked to other strategies you’re developing – such as projects and infrastructure development.
©2015 Voyager Strategies Slide 11
Key Industry and other Strategies
We help you choose the Key Industries to focus on (‘verticals’) or key non-industry specific SME populations (‘horizontals’).
And then the strategies by which they are to be attacked.
©2015 Voyager Strategies Slide 12
The SME Jobs Growth Strategies Report
We provide you with a presentation of the work undertaken, the strategy developed and the reasoning behind it:• Broad opportunities;• Stakeholder resources and
commitment;• Regional Job Goals linked to SME-
based job generation;• Strategies to achieve goals including
Key Industry focus and or other SME targeting;
• Next steps.
Contact [email protected]