Gathering and analysing real time, local business needs to measure programme impact, and to inform future policy and strategy
More in-depth than anything on the market, our benchmarking and diagnostic tools generate rich data, providing intelligence about individual, sector or collective strengths and areas for development of the local business base. This results in programme leads and funders being able to assess a wide variety of insights which provide:
- Real time tracking of programme/project activity
- Real trends in business needs
- Detailed analysis of how the needs of their business community change over time
Aggregated data from multiple businesses provide insights into areas of greatest need and opportunity; objectively informing future policy and strategies to help enterprises raise their game.
The granularity of data collection enables customised reporting using localised data, for example, segmentation of businesses:
- within a specific council region
- within a specific postcode
- within a specific parliamentary constituency
- At all local sub-economies
GPC Skills Ltd and YTKO Ltd have joined forces to create the ultimate business engagement and diagnostic tool, the Growth Maturity Index.
Combining over 60 years’ experience in directly supporting entrepreneurs, new and established businesses, high growth/scale up companies and corporate clients, we have worked with over 40,000 businesses in all sectors across the UK.
“Going through the GMI process was an invaluable exercise. It was easy to use and gave us an instant report and great resources that helped give us a clear focus to move the business forward. I was impressed with its accuracy in identifying our challenges which directly helped us map out our people strategy.”
Edmund Hockley (Head of People, Crooton Ltd)
As well as our direct experience of growing our own businesses, this has given us deep knowledge across the different facets of business, and the challenges and barriers at key tipping stages in the business growth journey. We know what works to create sustainable, thriving businesses and how to unlock and accelerate growth.
For commissioners of SME business support projects, using the Growth Maturity Index (GMI) pre and subsequent to the support intervention will reveal its effectiveness in delivering impact, change, outcomes and financial return. The GMI delivers tangible, demonstrable benefits for each business and for your local economy. Click here to read our recent case studies.
“The Growth Maturity Index has given us a powerful tool to measure the health of our businesses, and the impact of our business support initiatives. It provides clear, quantifiable data on the progress businesses are making, and helps us understand the real and detailed needs of growth businesses in our Borough. The GMI ensures that we are delivering high-value support that is driving real, long-term growth in the local economy.”
Keith Trotter, Economic Development Lead, Haringey Council
The diagnostic returns a detailed 12 page report to clients, tailored to their individual business, outlining their stage of maturity, and with recommendations for their growth. The GMI does the work advisors would otherwise have to do, freeing them up to provide the more in-depth support and coaching their business clients require. Clients can take the diagnostic before and after a support intervention, enabling Commissioners to qualify the impact on their business maturity.