Top Business Academic to Reveal How Firms can Boost their Productivity
05 Sep 2018
Published in: Member News
One of the UK's most renowned business academics is encouraging firms to attend an upcoming talk revealing how effective leadership can transform workplace productivity, and why this is vital for business longevity and growth.
Mark Hart, Professor of Small Business and Entrepreneurship at Aston University and Deputy Director of the national Enterprise Research Centre (ERC), will explain how by adopting â€˜high performance workplace practices', businesses can become more productive and develop a better engaged workforce.
The UK has experienced a slump in productivity growth since the financial crisis, placing the country near the bottom of the G7 league table. Professor Hart says a key route to countering this is the development of leadership and management skills, enabling SME leaders to adopt management best-practices and drive increases in turnover, productivity and growth.
"We have been monitoring growth in UK SMEs for 12 years, and it is evident that only a few businesses can truly be considered as "high-growth". What sets those firms apart is that they utilise a variety of High Performance Workplace Practices - from a coaching style of leadership and making staff know they are valued, to using digital technology to take the burden out of everyday tasks, and making the most of the innovations that every team member can generate. These practices draw out the very best performance from every member of the team, and ultimately improve the business's competitive edge. The more SME leaders that we can nurture and help to adopt these practices to drive business productivity, the better the UK economy will fare in the future."
The event coincides with the launch of the Productivity through People programme in the Midlands. Billed as a â€˜blueprint for growth', the programme aims to support and invest in business leaders who will drive the future through the latest management practices, thinking and research. By providing a framework for new leadership styles, it will help bridge the gap between leaders and staff, empowering the front-line workforce to improve efficiency and competitiveness by directly solving business and customer problems.
The programme is co-produced by trade body alliance Be the Business, which includes world-class industry leaders BAE Systems, Rolls-Royce and Siemens along with leading UK business schools at Aston, Bath, Lancaster and Strathclyde Universities. The programme has been directly supported in the Midlands by Rolls-Royce plc, EY, and the Greater Birmingham and Solihull LEP.
The event will take place on Thursday 6th September, 6pm-8pm at Conference Aston. A question and answer session and an opportunity for networking will follow the presentation.
To register for the event, visit the Eventbrite page.
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