Over the past year I have begun working with five SMEs so it’s becoming a bit of a trend! This can either be for a short single project, ongoing coaching for senior employees or 2/3 days per month to work on larger projects such as establishing a people strategy. Here’s why I enjoy it so much.
1. The people
I find people who work for SMEs are generally engaged and willing to learn. The cultures are relatively process light and facilitate fast decision making. This means that the individuals are a pleasure to work with and change is relatively simple and quick to implement. I often become an extended part of the team, working closely with professionals within the organisation and enabling them to achieve more which is extremely rewarding for all involved!
2. Value to the business
My objective viewpoint and professional expertise are both things that the organisation wouldn’t otherwise have access to. Employing me on a day rate basis enables me to provide added value to the organisation which helps them to achieve their business strategy. Given the facts at the end of this article (Key facts about SMEs) this helps me to really feel I’m contributing to the economy as a whole.
3. The work
As there is often little or no existing support for people aspects of the business (Human Resources, Organisation Development or Business Psychology) I am able to be flexible, prioritise and complete any tasks required. This enables me to carry out a huge variety of tasks (see list below for more details).
4. The legacy
My ethos includes working with the business in a sustainable way. This often means I train existing employees or help the business to recruit new employees to keep the high standards going. In some individual cases this includes new career routes they hadn’t previously considered. I personally very much enjoy the opportunity to create this type of legacy in numerous companies.
How I help SMEs
• Provide executive coaching for owners and senior directors
• Introduce/standardise people processes such as job descriptions and performance appraisals
• Create and implement a people strategy including IIP applications
• Advise on recruitment and talent management strategies
• Support the people element of acquisitions and mergers
• Provide affordable leadership development programmes
• Enable them to achieve business strategy through their employees – giving them the edge over their competition
The European Commission define SMEs as follows:
• Micro-entities – up to 10 employees
• Small companies – up to 50 employees
• Medium-sized enterprises – up to 250 employees
Key facts about SMEs
• More than 99% of all European businesses are SMEs
• They provide 2 out of every 3 private sector jobs
• They are primarily responsible for wealth and economic growth across Europe
• They drive innovation and competition in many economic sectors
• 9 out of 10 SMEs are micro enterprises with less than 10 employees
Do you work for an SME who could benefit from some support with your people strategy? If so call my direct line for a free consultation to explore how we could work together.