Cranfield School of Management: Business Growth Programme
Cranfield’s Business Growth Programme (BGP) is a well-established leadership development programme for ambitious owner-managed businesses with the potential for growth. Since its inception in 1988, more than 2,300 participants have been through the programme.
Typical participant businesses have been operating for at least three years, with turnover between £1 and £10m. The nine-month programme is delivered in modules over four weekends. Between modules, participants develop their strategy of change for the business and make immediate improvements and after the final module they present their new strategic plan to a panel of BGP team members and independent advisors. Three months later, participants reconvene to review progress against the plan.
Participants are allocated a business counsellor who is dedicated to working with them and who will visit their business; counsellors are often entrepreneurs, who have developed, grown and sold their own businesses. During the programme participants also benefit from peer group input, challenge and support.
After the programme, alumni may also join regionally-run BGP Clubs for a network of support and mentoring. Alumni also support the programme by sharing their personal experience with current participants, providing funding and scholarships as well as mentoring and support networks.
For the past three years, the BGP Barometer has measured programme outcomes. This demonstrates BGP businesses grow their sales, revenue, profits and job opportunities faster than their peers. BGP businesses are also optimistic about future growth opportunities in imports, exports, jobs, profit and sales. On average BGP companies grow their profits year-on-year by 40%.
For more detail on the impact of this programme see the PDF attached.
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