11 October 2016
I recently blogged about longevity and what it takes to make a business stand the test of time and the more that I think about the it, the more I am certain that it comes down to one thing: people.
Great people make great businesses.
I often quote Jim Collins’ Good to Great, where he writes that the key is finding the ‘who’ before the ‘what’. Getting the right people on the bus and into the right seats is the most essential part of being a business leader. It really is that simple.
People make the difference.
But that’s not all. Teams need to be engaged, happy and always growing; not just well paid for the work that they do.
In nature, everything is either growing or dying, and people need to continue learning to keep growing. That’s why we invest millions into training and development. Our team passes hundreds of exams every year – from top industry qualifications to shorthand exams for our comms team, and management training for the future leaders of the business.
When people are growing and are passionate, they thrive. And it is these people who are key to your succession plan. Who will be there to lead the business after you? Who will continue the culture that you have developed?
Seeing people develop truly is one of the greatest parts of being an entrepreneur. Growing the business and splitting off key areas has enabled us to grow the team extraordinarily. We have been able to keep growing, keep focussed and manage a fast-growing business, while developing and promoting the team from within. A true entrepreneur will always find these opportunities for their team; to give them freedom and empowerment to grow.
Just like the training team has here at UKFast. Aaron started as our first teacher and now has a whole department, engaging with 57,000 children across Greater Manchester, developing the great tech minds of the future.
Which brings me to the second aspect of training and developing people: the next generation of superstars. Our training team spend just as much time working with schools and universities to bring real-world opportunities to young people in education. Ultimately, your business won’t last 100 years if there aren’t the people or the skills to meet demand.
What do you think?