Senior Staff Holding Small Businesses Back
Small businesses leaders and senior level staff lack leadership, strategy, innovation, finance and people management skills, according to a new study from Creative Skillset and Ashridge Business School. The ‘Creativity and Constraint’ report says that a lack of skills to drive growth is particularly prevalent in smaller firms due to less training and structured learning, and a lack of understanding of the strategic goals of business. The report, made up of a combination of online and in-person interviews and a literature review, also looked at the best way micro businesses can increase leadership and management strategy – mentoring topped the list. The report’s co-author, Dr Amy Armstrong, provided a comment with the report: “The huge success of the creative industries in the United Kingdo... »
