Saturday, 16 July 2016

Scale up and win

The Confederation of British Industry (CBI)together with Lloyds Banking Group, the ScaleUp Institute & Aston Business School, has launched a new report, Lifting the Trophy, profiling scale-up insights into raising productivity within firms.
  • In 2013, 4% of firms contributed 17% to total UK productivity
  • Between 2012 – 2015, over 18,500 businesses rapidly scaled-up their turnover – 650 of these were mid-market firms
  • Within the scale-up community, highly productive firms are twice as common
  • 8 out of 10 of the UK’s most productive businesses are located outside London
For more details, see http://bit.ly/29MPYAE.

So, firms that grow quickly also tend to grow their productivity - a double-whammy.  

What are you waiting for?


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