Sharing in Growth and its beneficiaries have been highlighted as best practice by a new national business productivity initiative.
Launched this month, the ‘Be the Business’ movement is the brainchild of the Productivity Leadership Group (PLG) which is formed of business leaders from top companies such as Amazon, BAE Systems, BT and Rolls-Royce, drawn together to raise UK business productivity.
Sharing in Growth CEO Andy Page is a member of the group’s Manufacturing Business Leadership workstream alongside directors of GlaxoSmithKline, Jaguar Land Rover, Siemens, and Toyota UK.
According to Be The Business, Britain’s businesses are some 20% less productive than other companies in Europe and around the world.
Be The Business aims to inform, educate and collaborate with the businesses of Britain to improve operational processes and commercial excellence through benchmarking, collaboration, better leadership and talent management.
Said PLG chairman Sir Charlie Mayfield, Chair of the John Lewis Partnership: “We aim to support businesses in three principal ways. By inspiring leaders with actionable insight that helps businesses to set goals and measure progress. By providing modern tools that enable businesses to work out how good they are compared to others they choose. By encouraging sharing of best practice within communities of businesses across the UK as a catalyst to enable people to find out what’s worked best for others seeking the same improvement.”
SiG beneficiary JJ Churchill featured in the launch media pack while Produmax and Amphenol Invotec are best practice case studies on the movement’s website.
Bethebusiness.com will allow businesses across the UK to connect and collaborate. The online resource has two core elements: a unique benchmarking and measurement tool, and a collaboration hub which features the case studies as well as contributions from Dragons’ Den’s Deborah Meaden, F1’s David Coulthard, and hot sauce entrepreneur Levi Roots.
Be the Business’ benchmarking tool will allow business leaders to create a personal dashboard and confidentially analyse their own organisation for digital maturity, talent management, leadership and future planning – the movement’s four key drivers of productivity. This application will allow continuous measurement, benchmarking against other companies by region, sector or size and enable leaders to see their weaknesses and opportunities.
Sir Charlie continued: “We’re not going to be telling people how to run their businesses. Instead we want to breathe oxygen into thousands of business-led initiatives and communities across the country. We’re going to celebrate and encourage.
“We are changing the pitch and the tone of the language that most often accompanies productivity. This has to move from being the preserve of economists to entrepreneurs. That’s why this is a movement not a programme. It’s a long-term mission for everyone who wants to be the business. It’s open, inclusive and all about aspiration.”
The UK government has provided £13m seed funding over three years, during which time Be the Business hopes to encourage over 50,000 businesses in the UK to take action to improve their level of productivity.