Growth Advantage Programme
Our incredibly successful Growth Advantage Programme was launched in 2015 and fully utilises Strathclyde’s distinctive approach towards executive education and development. As a place of useful learning, we draw on our research to focus on real actions in an applied setting, we use toolkits that can be applied immediately in the workplace combined with the power of peer-to-peer learning among our participants. This proven format has been successful in many different environments and is the basis for our impactful engagement in industry, society, and policy.
David Hillier, Executive Dean, Strathclyde Business School.
Aimed at managing directors / chief executives of established businesses with real growth ambitions, the Growth Advantage Programme is led by peer learning expert John Anderson and delivered by Scotland's top entrepreneurship faculty at the Hunter Centre for Entrepreneurship, Strategy and Innovation at Strathclyde Business School. It is unique in Scotland and offers a fresh alternative to more established growth programmes only available in England and overseas.
Over 100 companies have taken part in the Growth Advantage Programme in seven cohorts to date and have had an average of c£2.5 million in annual revenues and 25 employees at the start of the programme. They have come from all over Scotland, from a wide range of sectors and include companies started from scratch, acquired and multi-generation family businesses - all with ambitions to grow.
One of the really superb things has been the interaction and experience of others on the programme - learning and listening to them, sharing ideas, strategies and problem-solving. They helped remind me what my ambitions looked like previously and realise that I’d come to expect far less from being so close to the coalface but now I feel I’ve returned to my previous outlook.
The substantial impact of the programme on each cohort - average annualised growth in employment and sales across the cohort exceeding the OECD high growth threshold of 20% - has been credited by participants to various factors. These included having greater clarity of the business, sharpening their value proposition, extracting more value from current operations, creating synergy from their portfolio of products and services, focusing on core values, measuring activities, having a greater focus on more valuable customers and changes in structures and people.
The benefits of the programme have been realised not simply in terms of business performance but also by the impact on the individuals who cited having greater confidence, more energy, more growth orientation and growing networks as a result of taking part.
The overall impact of the Growth Advantage Programme was recognised in 2016 by the award of a Gold Small Business Charter mark, making Strathclyde Business School one of only five UK business schools to hold the UK's top accreditation and the only one in Scotland. In November 2020, the Growth Advantage Programme received full endorsement from the ScaleUp Institute, once more a first for Scotland. Having both of these key accreditations, in addition to the traditional business school “triple accreditation”, is extremely rare and provides strong validation of the impact of our work with ambitious owners and leaders.
The 6-month programme is structured around 6 intensive sessions comprising a one-day Orientation session followed by 4 two-day workshops and a final day of reflection and celebration:
The design of the Growth Advantage Programme allows participants to shape their own learning over time supported by diagnostic tools and take away tool kits for use back in their organisations with their own people. This encourages participants to take ownership of their own development and coach their management team. It also ensures the direct relevance of the programme to the needs of each business and its leadership team.
Cohort 8 Dates:
The Growth Advantage Programme is led by peer learning expert John Anderson, former Chief Executive of the Entrepreneurial Exchange and delivered by Scotland's top entrepreneurship faculty at the Hunter Centre for Entrepreneurship, Strategy and Innovation at Strathclyde Business School.
Throughout the programme, participants have the opportunity to learn directly from inspirational entrepreneurs as guest speakers as well as panels of experts during workshop Throughout the programme, participants have the opportunity to learn directly from inspirational entrepreneurs as guest speakers as well as panels of experts during workshop sessions. These have included Strathclyders Sir Tom Hunter, Rabinder Buttar of Clintech and Graeme Malcolm of M Squared Lasers; successful oil industry entrepreneur Bob Keiller; Becky Lumsden, founder of Pure Spa; Lucinda Bruce-Gardyne founder of Genius Foods, Heather Matthews of Little’s Chauffeur Drive and award winning serial entrepreneurs Simon Howie and Iain MacRitchie.
Accessing talent to support growth is a key feature of the Growth Advantage Programme, with opportunities to secure project support from the Hunter Centre for Entrepreneurship, Strategy and Innovation undergraduates, postgraduates and MBA students; product design resource from the Engineering Faculty; the use of the University Careers Service.
Participants are also able to access practical innovation support from the University of Strathclyde, including Knowledge Transfer Partnerships and other forms of innovation services.
Growth Advantage Programme participants benefit from being part of the Strathclyde Family and gain privileged access to a range of University events.
The learning philosophy behind the Growth Advantage Programme is firmly built on research findings on entrepreneurial learning styles. There are four fundamental characteristics of entrepreneurial learning that the Hunter Centre for Entrepreneurship, Strategy and Innovation draws upon to maximise relevance and impact for participants:
Entrepreneurs and business owners learn best from other business leaders. For this reason, we support peer-peer learning, action sets and involve successful entrepreneurs in delivery.
Entrepreneurs and business owners learn best by doing, through action learning. For this reason the Growth Advantage Programme is focused on tool kits and practical take-aways such as the Business Model Canvas and Value Proposition Canvas to support the cascading of learning and growth ambitions when participants return to their ventures following each weekend session.
Successful rapid-growth leaders develop a broad portfolio of frames for thinking about the world around them, the pathways ahead, and for making informed yet creative decisions. For this reason, as well as providing participants with experience in using practical tool kits, we include diverse examples from a variety of business sectors and encourage participants to collect the data needed to validate and drive their intuition and hunch for entrepreneurial growth.
Entrepreneurial leaders learn best when they can immediately apply new skills, frames and knowledge to their own firms. At each workshop, participants are introduced to practical tool kits they can immediately apply on returning to their businesses on Monday morning.
By involving successful entrepreneurs throughout the programme as panel members, speakers, case studies the Growth Advantage Programme is providing highly-focused SME CEOs with unique opportunities to extend their networks, learn from experienced entrepreneurs and engage in successful peer-to-peer learning which would be out-with their grasp without this programme.
Each cohort has strongly bonded and this is borne out in a determination to use peers in the future and also to give back to future Growth Advantage Programme cohorts in participant recruitment and selection, in programme development and delivery and in mentoring roles.
The Growth Advantage Programme has received significant investment from the strategic partners and as a result programme fees are subsidised from the usual cost of £10,000 to £5,000 per participant.
Growth Advantage Programme 2024
For more information about the Growth Advantage Programme, please contact the Hunter Centre for Entrepreneurship, Strategy and Innovation:
"The Growth Advantage Programme is nothing short of brilliant"
Sherry Coutu, Founding Chair, ScaleUp Institute
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Strathclyde Business School
University of Strathclyde
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