Scale up deck for bbaa 1 nov 2016

63 %
38 %
Information about Scale up deck for bbaa 1 nov 2016

Published on October 29, 2016

Author: sherrycoutu1

Source: slideshare.net

1. SCALE-UP BRIEFING BBAA (1 November 2016) What does it take to scale a successful global business in the UK? Sherry Coutu CBE #scaleup http://www.scaleupreport.com http://www.scaleupinstitute.org.uk

2. Questions Jenny asked me to address….. “What will be the key challenges for ensuring an effective environment for scale-ups post Brexit?” “Can businesses take advantage of new international markets and partnerships as we refocus our economy away from Europe – do we have the right ecosystem in place to support this?” “Will this offer new opportunities to attract a wider talent pool , or are there now new challenges to ensure businesses get the talent we need?” “What should the investment community do to ensure that they can support scale-ups?” “What is the role for Government or other stakeholders?”

3. |THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu CBE AUDIENCE CHECK…... #scaleup

4. |THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu CBE ENTREPRENEURSHIP 2000 Floated second Start-up 1986 Came to the UK to attend the London School of Economics 1987 Became a Computer Programmer 1991 Studied Business at Harvard 1994 Joined my first ‘start- up’ 1995 Founded second Start-up Sherry Coutu CBE < 2000 1997 first ‘startup’ sold #scaleup

5. Advice from a serial entrepreneur and former angel investor #scaleup

6. #scaleup

7. SCALE-UP QUESTIONS BBAA (1 November 2016) Sherry Coutu CBE #scaleup http://www.scaleupreport.com http://www.scaleupinstitute.org.uk What will be the key challenges for ensuring an effective environment for scale-ups post Brexit?

8. SCALE-UP QUESTIONS BBAA (1 November 2016) Sherry Coutu CBE #scaleup http://www.scaleupreport.com http://www.scaleupinstitute.org.uk What will be the key opportunities we have to ensure an effective environment for scale-ups post Brexit?

9. |THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu CBE KEY RECOMMENDATIONS Draw attention to scale-up companies and their leaders so that it is easier for them to act as role models to others and to find customers, partners and investors, both at home and overseas. #scaleup

10. Closing The Scale-Up Gap: Drive Local Economic Growth by Releasing Data So that local public and private organisations can identify target evaluate their environment as one where scale-up companies can flourish

11. Closing The Scale-Up Gap: Release Data Draw attention to your top 50 local scale-up companies and their leaders so that it is easier for them to: Attract & Retain Talent Leadership Customers & Partners Finance R&D facilities and Office Space both at home & overseas.

12. |THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu CBE ● The UK has a lower share of large businesses than the US. ● Large firms with more than 250 employees account for 0.5 per cent of firms in the UK but 0.7 per cent in the US. ● This lack of ‘scale up’ means the economy as a whole loses on productivity and growth.

13. 927 October 2016: women-led companies £ 1M - £250 Million are expanding at a Median Growth Rate of 28% a year

14. 336 are growing at 50% a year And in October 2016, we can reveal that

15. Contributing nearly £ 2 billion more to GDP in last year! Cumulative Revenue £7,156,2 88,364 £8,864,2 26,404 £1,707,7 25,675

16. National Growth across sectors Food & Drink, Edinburgh Information Technology London Staffing & recruitment, London Manufacturing, Cambridge Advertising Technology, London

17. Solent

18. 50 % of funding and promotion for ‘entrepreneurship’ should be directed towards collaborative initiatives based on track-record and evidence Case Studies: • VentureFest Network • SVC2UK

19. 82% “I would be able to grow my company faster if applicants had the skills needed to meet my customer demand”

20. |THE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu CBE THE SKILLS GAP IS SET TO GET LARGER…. #scaleup OF 163 SCALE-UPS AGREE

21. SCALE-UP QUESTIONS BBAA (1 November 2016) Sherry Coutu CBE #scaleup http://www.scaleupreport.com http://www.scaleupinstitute.org.uk Will Brexit offer new opportunities to attract a wider talent pool or are there now new challenges to ensure businesses get the talent we need?

22. Closing The Scale-Up Gap: Talent & Skills • Entrepreneurship in curriculum? • Scaleup Leaders on board of Governors? • Scale-up leaders in the class-room as role-models and mentors? • 50% Scale-up companies in careers fairs? • 50% of work experience in scale-up companies? • Extra-curricular student entrepreneurship activities / clubs? • 50% of students visiting scale-ups on ‘open days’? Exemplars: • Barclays Life-skills Programme • Founders4Schools • Careers & Enterprise Company

23. Closing The Scale-Up Gap: Leadership Development Identify mentors with experience and find effective ways to share their knowledge Case Studies & Exemplars: • Goldman Sachs 10,000 Small Business Programme • Mentorsme • Silicon Valley Comes to the UK • School for Scaleups • The Elite Programme (LSE)

24. SCALE-UP QUESTIONS BBAA (1 November 2016) Sherry Coutu CBE #scaleup http://www.scaleupreport.com http://www.scaleupinstitute.org.uk Can businesses take advantage of new international markets and partnerships as we refocus our economy away from Europe Do we have the right ecosystem in place to support this?

25. Closing The Scale-Up Gap: Assist Expansion at home & abroad Identify mentors with experience and find effective ways to share their knowledge Case Studies & Exemplars: • Mayor’s Go-to-Grow Programme • Silicon Valley Comes to the UK • The Elite Programme (LSE) • UKTI • Catapults

26. SCALE-UP QUESTIONS BBAA (1 November 2016) Sherry Coutu CBE #scaleup http://www.scaleupreport.com http://www.scaleupinstitute.org.uk What is the role for Government & other stakeholders ?

27. Closing The Scale-Up Gap: Local Government • Celebrate scale-up growth events in your city with the media • Invite scale-up leaders to share their experience with students • Celebrate new customer wins and help create new ones • Encourage local universities to offer courses to scale-up leaders • Meet with a selection of scale-up leaders every month (3 hours) • Persuade real-estate leaders to offer scale-up friendly terms

28. SCALE-UP QUESTIONS BBAA (1 November 2016) Sherry Coutu CBE #scaleup http://www.scaleupreport.com http://www.scaleupinstitute.org.uk What should the investment community do to ensure that they can support scale-ups ?

29. Closing The Scale-Up Gap: Investment Community Draw attention to scale-up companies and their leaders so that it is easier for them to act as role models to others and to find customers, partners and investors, both at home and overseas Case Studies: • Elite • Venturefest • SVC2UK

30. SCALE-UP QUESTIONS BBAA (1 November 2016) Sherry Coutu CBE #scaleup http://www.scaleupreport.com http://www.scaleupinstitute.org.uk What is the role for Government & other stakeholders ?

31. Closing The Scale-Up Gap: Media & Cultural Organisations • Shine a light on our most successful scale-up leaders and their companies rather than only start-ups • Profile successful scale-up entrepreneurs at key mile-stones to inspire others (especially the next generation) • Reviewing and holding to account initiatives and policies in entrepreneurship: • Are they about starting or growing businesses? • Are they providing evidence to support their claims? • What is the cost per job created? • Are they collaborative?

32. Closing The Scale-Up Gap: Large Corporates Accounting Firms Consulting Firms • Publish the the amount you procure from scale-ups • Offer infrastructure for product dev’t and testing • Support skill-building programmes for local scale-up leaders

33. SCALE-UP BRIEFING BBAA (1 November 2016) What does it take to scale a successful global business in the UK? Sherry Coutu CBE #scaleup http://www.scaleupreport.com http://www.scaleupinstitute.org.uk

#scaleup presentations

Add a comment

Related presentations