Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Successful Programme is Brilliant for Business



25 February 2013

Successful Programme is Brilliant for Business

The Smart Business Acceleration Programme, a 12 week course offered to local businesses by Vision Manawatu, recently received outstanding praise in a review to determine its success with recent participants.

Vision Manawatu has been offering the Smart Business Acceleration Programme to business owners in the region for almost a decade. The intensive 12-week course is designed for small-to-medium businesses that are looking to grow their operations. It offers concentrated learning opportunities for business owners and key staff, in addition to ten hours of one-on-one business coaching by a personal mentor.

The programme aims to get local businesses ready for growth by developing their management skills, creating an investment-ready organisation structure, and providing access to an extensive business network.

A recent review of the Smart Business Acceleration Programme was conducted reviewing all participant companies from the 2011 and 2012 programmes. The review, conducted by business advisor Mark Hargreaves, found that past participants had greater confidence levels in managing their business since completing the programme. The review also highlighted that business owners had stronger staff engagement and communication, greater confidence to challenge suppliers for better terms, and increased overall performance in their businesses.

In the review, participants described the course as “far exceeding expectations” and one business owner stated that he wished he had done the course six years ago when he first began his business.

“I would recommend all business owners to do this course within the first six months of beginning their business”.

The review also showed that business owners who completed the course gained an increased awareness of some of the risks they faced as a small business and the need to develop mitigation plans. Many of the participants reported that they now recognise that they must have a strategy for growth in their businesses, rather than leaving it to chance.

Comments by participants in regards to how the course has benefited their business include:

“The course triggered a lot of inspiration”

“My confidence as a business owner has significantly increased as there were previously so many unknowns”

“I have learned how to successfully engage and empower staff”
Elaine Reilly, CEO of Vision Manawatu, says, “Vision Manawatu identified that better management skills and access to investment capital are key barriers to small business growth. That is why this programme is so important to our small-to-medium business sector because it supports our region’s entrepreneurs, prepares small businesses for growth, and improves our business productivity in the region.”

“We are proud to offer the Smart Business Acceleration Programme to businesses in the region because we are committed to achieving the Regional Development Strategy goal of ensuring our region is brilliant for business.”

Elaine Reilly is impressed with the high number of small-to-medium business owners in the region that want to take up these opportunities to grow and develop their businesses. She encourages all small-to-medium businesses in the region that are capable of, and have the desire for, accelerated growth to register for the 2013 intake.

The Smart Business Acceleration Programme is run by Vision Manawatu. Participants may be eligible to receive a 50% subsidy through the NZTE capability development scheme. The programme is designed to be accessible to business owners and is offered on Thursday nights 4:30 – 8:00. Participating businesses may involve up to three staff members to take part in the programme.

Applications are now open for the 2013 Smart Business Acceleration Programme and close on March 6th.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Solid Energy: Plan To Shut Unprofitable Huntly East Mine

Solid Energy, the state-owned coal miner in voluntary administration, plans to shut down its unprofitable Huntly East mine and lay off 65 staff after deciding the site stands "no chance whatsoever" of finding a buyer. More>>


E Tū: Merger Creates NZ's Biggest Private Sector Union

E tū has been created by the merger of the Engineering, Printing and Manufacturing Union and Service and Food Workers’ Union. It represents more than 50,000 working New Zealanders in industries as diverse as aviation, construction, journalism, food manufacturing, mining and cleaning. More>>


Internet: NZ Govt Lifts Target Speeds For Rural Broadband

The government has lifted its expectations on faster broadband speeds for rural New Zealand as it targets increased spending on research and development in the country's information and communications technology sector, which it sees as a key driver for export growth. More>>


Banks: Westpac Keeps Core Government Transactions Contract

The local arm of Westpac Banking Corp has kept its contract with the New Zealand government to provide core transactions, but will have to share peripheral services with its rivals. More>>


Science Investment Plan: Universities Welcome Statement

Universities New Zealand has welcomed the National Statement of Science Investment released by the Government today... this is a critical document as it sets out the Government’s ten-year strategic direction that will guide future investment in New Zealand’s science system. More>>


Scouring: Cavalier Merger Would Extract 'Monopoly Rents' - Godfrey Hirst

A merger of Cavalier Wool Holdings and New Zealand Wool Services International's two wool scouring operations would create a monopoly, says carpet maker Godfrey Hirst. The Commerce Commission on Friday released its second draft determination on the merger, maintaining its view that the public benefits would outweigh the loss of competition. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news