A group of 23 major companies including BAE Systems, GSK, Rolls-Royce and Siemens have joined a campaign to help their suppliers and other SMEs to boost their competitiveness.
The Business Leadership for a Better Decade campaign, launched by productivity-led movement Be the Business, aims to build partnerships with the UK’s biggest companies to turbocharge competitiveness in every region and every sector of the economy.
So far 23 companies have joined the call, each making different commitments, from supporting mentoring, management and leadership programmes for SMEs to developing tools to boost the adoption of technology.
BAE Systems is extending its support through the Productivity Through People programme, committing to help develop the next generation of business leaders in the supply chain by encouraging senior executives to become mentors.
GSK has seconded executives directly to Be the Business to help scale-up the Mentoring for Growth programme and help SMEs all around the country to access strategic guidance from experienced business leaders.
Rolls-Royce is also supporting the mentoring programme, as well as agreeing to provide outstanding IP on manufacturing productivity to the SME community.
Meanwhile, McKinsey & Company has committed to scale-up its provision of mentors to help SMEs become more technologically-enabled.
Sir Charlie Mayfield, Chairman for Be the Business and John Lewis Partnership, said:
“Productivity matters. No growth for over ten years means people are poorer and the UK is weaker, competitively, than we should be. We want to change that and we know it can be done. We’re stepping up, as businesses, to support a movement across the UK. With this support we will work with businesses, with sectors and in places right across the country to build a better decade.”
The latest manufacturing news
Innovators showcase graphene-enhanced products
A two-day event at the University of Manchester in December showcased the practical applications of 2D ‘wonder material’ graphene on products ranging from running shoes to printed electronics.
Green light for Lancashire advanced manufacturing facility
A new £20 million state-of-the-art manufacturing research facility has been given the go ahead in Lancashire to enhance the region’s manufacturing base and work with local supply chains.
Made Smarter leadership programme readies for next intake
The second cohort of the Made Smarter Leadership Programme, designed for business leaders looking to adopt new digital technologies, will start at the end of January 2020.
Key points from the new government manifesto
With Prime Minister Boris Johnson securing a comfortable majority in the General Election and Brexit very likely to go ahead on 31 January, policymakers will turn to new priorities in 2020.
Made Smarter - 12 months on
Manufacturing SMEs in Greater Manchester invest almost £1M to adopt new technologies supported by £300k of funding in the first year of Made Smarter.