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PRIVACY
Opinion

The mixed impact of the Help to Grow programme to boost SME management skills

Evaluation suggests that only around 250 Welsh businesses have participated in Help to Grow since its inception

Help to Grow has made a positive to both individual participants and the businesses they manage but the numbers of firms expected to participate had been revised down.(Image: Getty Images)

As someone who has been an advocate for improving management skills within small and medium-sized enterprises (SMEs) since I began my academic career over thirty years ago, I have been disappointed that there has been little effort by the higher education sector in utilising its expertise within business schools to make a real difference to the growth prospects of founder-led firms.

Fortunately, that partly changed with the introduction of the Help to Grow programme by the º£½ÇÊÓÆµ Government in 2021, which was set up with the aim of equipping leaders of SMEs with the skills and knowledge necessary to enhance productivity and drive growth.

Help to Grow programme seems to be making a positive contribution to both individual participants and the businesses they manage., alongside mentoring, peer learning, and access to an alumni network, with the º£½ÇÊÓÆµ Government covering 90% of the costs of participation.

A recent evaluation of the programme shows that since its launch, nearly 8,000 SME leaders have completed it, with 91% saying they would recommend the programme to other business leaders.

With the content covering a wide range of management and leadership practices, it is not surprising the varying needs of different sized- businesses have been addressed.

For example, founders of micro-businesses with fewer than ten employees found modules on customer engagement especially valuable, while those leading larger SMEs gravitated towards topics related to growth strategies and sustainability.

Another one of the standout elements has been mentoring which participants widely appreciated used to build on the topics covered in the programme curriculum as well as seeking advice, guidance and support on ad hoc issues they or their businesses were facing.

The programme’s impact is evident in the enhanced confidence and leadership capabilities reported by those taking part as well as a deeper understanding of core management practices, with participants reporting significant improvements in their ability to lead employees, develop strategies, and identify key drivers of business success.