Management Matters

ManagementWorks Programmes 2014

The latest Management Matters! newsletter from ManagementWorks outlines a range of subsidised, tailored programmes which are supported by professional business mentors:

  • Building Financial Capabilities in SMEs
  • Business Growth
  • Business Leadership
  • Lean Business
  • Management Team Development
  • Postgraduate IMI Diploma in Management
  • Postgraduate IMI Diploma in Strategy and Innovation

futureSME business modelLEAP deliver the Management Team Development Programme to help business owners and managers create a shared vision of success for the company, and embed disciplines across the team.

To learn more about these dynamic programmes, their providers and how they can benefit your company, click the following link.

 

For LEAP Enquiries
Tel: 091 755736
Email: info@leapleadership.ie

 

 

International Best Practice to support Irish SME success

   New subsidised Business Management programme to transform Irish SMEs 

The heartbeat of the Irish economy relies on the success of the indigenous SME sector. While the focus in recent years has been on ensuring businesses remain viable, there is a need to shift focus on growth. A new practical and impactful business management programme being delivered by LEAP, a Galway-based training and coaching organisation, uses the best practices and tools from the most successful international companies and demonstrates how these can be applied to any business, regardless of size or sector.

The Business Leadership Programme, which is heavily subsidised by ManagementWorks, a Skillnets initiative, commences in Shannon on 18th February and is open for sign-ups. Spaces on the programme are limited so anyone interested in growing their business in 2014 is urged to register.

The programme utilises futureSME methodology, a transformational business strategy that has been developed over a four-year period through an EU Framework 7 Project. FutureSME focuses on the key management capabilities that are essential in driving a business forward and applies them to any organisation. The programme is fully accredited and exclusively delivered in Ireland by LEAP.

Mike Gaffney MD at LEAP
Mike Gaffney MD at LEAP

“Over the six-month period, we work with organisations through a combination of in-house mentoring with facilitated group workshops. The programme aims to transform the entire business, on every level. Using this innovative methodology we will work to build and implement a visual strategy and provide the support necessary for its development and completion. We also review the progress, ensuring its success.”

Speaking about its involvement in the programme, Brian Colleran of ManagementWorks said: “This is a fantastic business leadership programme that should be of huge interest to SMEs operating in very competitive markets. Given it is heavily subsidised and supported by the Government’s Action Plan for Jobs, we are expecting a lot of interest”.

Business owners and managers interested in the Business Leadership Programme in Shannon or futureSME, should contact Sonja Stevens at LEAP by calling 091-755736 or emailing Sonja@leapleadership.ie.  

For more information on ManagementWorks Programmes visit www.managementworks.ie

The Mentor’s Role and ROI for managing directors

Mike Gaffney managing director at LEAPYou may wonder what the mentor’s role is when investing in a leadership and management development programme for your company, such as the futureSME programme. Managing directors need tangible results that will boost performance across all areas of their business, from daily operations to profit margins and market share. LEAP’s Mike Gaffney explains the role of the mentor on this programme and how it affects overall business performance.

Mike, what’s the purpose of a mentor on the future SME programme?

Well futureSME provides many proven business practices, tools and disciplines that can be applied to your business. The role of the mentor is to help the individual identify how to actively apply those tools to his or her given situation. Mentors are steeped in the best practices of futureSME and how they can be applied. They work closely with the owner to ensure they are applied in the most relevant and practical way to suit the particular needs of the company.

How does that benefit the company?

From the outset of the programme the focus is on practical application and tangible results.  This is a programme that uses theory to drive changes and secure results.  The mentor has that focus clearly in mind and ensures this is happening at each step in the process.  The mentor works with the owner to complete the company diagnostic at the start of the programme and again at the end of the programme so there is a clear comparison – evidence of change, evidence of improvements.  So mentoring is a critical component of the overall programme.

Is the mentoring process the same for every company, or does it differ by industry and size?

There are some common threads to the futureSME solution, like a visual strategy, and the application of visual management tools. The essence of futureSME is to enable the company to develop its strategic, managerial, operational and adaptive capabilities. What is applied to the organisation often depends on what is most critical to their specific needs.

For some companies, getting the operational side of the business right is the most critical issue. For others it could be having a clear strategy or better managerial capabilities. So the mentoring process is not the same for everyone. There is the same outline regarding the disciplines and practices that are put in place, but how they are put in place, and which areas are prioritised, is very much company specific.

What kind of ROI can a client expect from the mentoring side of the programme?

Business is tough for any organisation so there has to be real tangible benefits, be it increased turnover or profitability, increased market share or new customers. There has to be tangible business performance deliverables. The best example I can give is ourselves; LEAP has applied the futureSME methodology and we doubled our turnover in 2013 compared to 2012. So it’s important for any company engaging in futureSME that they clearly state what business performances they need to see improved, and how that will be measured. We are very comfortable with measuring the implementation of futureSME in a company against tangible financial performance, and other core performances, that the company determine.

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In interview with Des Kirby
Have you used mentoring programmes in your company? Did you find them effective? We’d like to hear your thoughts about it. Leave a comment in the box below. Thanks.

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Contact Us For Further Information

Tel: 091 755736
Email: info@leapleadership.ie