BUSINESS COACHING HELPS SCIPAC’S TOP TEAM WIN BIG
We take for granted that a good coach can transform a sports team but consider it less so for business. However Scipac Ltd have used business coaches with their top executive and management team with dramatic results, a 30% growth in revenue and a 35% increase in profit for the financial year ending March 2009.
Scipac have been trading for nearly 25 years. Started by Dr Clive Dawes and the late Tony Raeside they have developed a range of innovative products that are used in the Health Diagnostic sector. Recent growth meant that the business was in a transition phase of attempting to change the company mindset from a small to medium size activity. For Stephane Argivier, the Managing Director of Scipac, the pace of change had to be much quicker in order to keep up with the market place.
He said: “Because of the changes in the strategy we needed to get relevant experience into our management team as fast as possible. We saw business coaching as a way of accelerating the implementation of our business plan and to cope with the demands of the business growth going forward.”
Dr Wayne Wright of WSQ Solutions, whose team coached and supported Scipac is upbeat about businesses that use business coaching to drive growth. He said: “All the companies and owners who worked with us in 2008 grew their businesses by up to 60%. The secret of our success is our ability to give teams the skills and keys of growing a successful business as well as providing the accountability and support to ensure that they focus on the right things.”
Stephane was aware of the initial reluctance of some of his team to coaching but has no doubts about the benefit to the business. He said “Our 360 degree assessment survey of the management by our staff, following the business coaching process, has shown a great improvement. Feedback also shows our staffs feel more valued, motivated and clear about their targets and roles to achieve the ambitious strategy we have set.”
For Scipac although the skills development of their top team has created a strong cohesive group, the proof of the business coaching process is shown in the business results. With pride Stephane adds. “Our results in the last 12 months of record profits and revenue have shown the quality of my team’s ability to take these new found skills and grow the business to higher heights, as well as acquiring the knowledge and confidence to cope with the current economic turmoil. Through coaching, Wayne and his team have helped to move our company to the business premier league very quickly.”
About SCIPAC Ltd.
SCIPAC Ltd is a producer and world-wide distributor of high quality intermediate reagents for the Health Diagnostics industry. Headquartered in Sittingbourne, Kent, SCIPAC Ltd is a private company generating more than 90% of its revenue through export. The company underwent significant expansion over the past 24 years, doubling its staff to 50 in the past 3 years and still hiring. The companies strategy is to achieve low risk, fast pace, organic growth by adapting its product offer and diversifying its client base to the pharmaceutical industry as well as academic research.
For more information contact Steve Raeside, Resources Director on +44 (0)1795 423077
To find out how your business can benefit from our business consultancy advice, please click here to receive a FREE 1 hour business consultancy session at your offices
BUSINESS COACHING HELPS SCIPAC’S TOP TEAM WIN BIG
We take for granted that a good coach can transform a sports team but consider it less so for business. However Scipac Ltd have used business coaches with their top executive and management team with dramatic results, a 30% growth in revenue and a 35% increase in profit for the financial year ending March 2009.
Scipac have been trading for nearly 25 years. Started by Dr Clive Dawes and the late Tony Raeside they have developed a range of innovative products that are used in the Health Diagnostic sector. Recent growth meant that the business was in a transition phase of attempting to change the company mindset from a small to medium size activity. For Stephane Argivier, the Managing Director of Scipac, the pace of change had to be much quicker in order to keep up with the market place.
He said: “Because of the changes in the strategy we needed to get relevant experience into our management team as fast as possible. We saw business coaching as a way of accelerating the implementation of our business plan and to cope with the demands of the business growth going forward.”
Dr Wayne Wright of WSQ Solutions, whose team coached and supported Scipac is upbeat about businesses that use business coaching to drive growth. He said: “All the companies and owners who worked with us in 2008 grew their businesses by up to 60%. The secret of our success is our ability to give teams the skills and keys of growing a successful business as well as providing the accountability and support to ensure that they focus on the right things.”
Stephane was aware of the initial reluctance of some of his team to coaching but has no doubts about the benefit to the business. He said “Our 360 degree assessment survey of the management by our staff, following the business coaching process, has shown a great improvement. Feedback also shows our staffs feel more valued, motivated and clear about their targets and roles to achieve the ambitious strategy we have set.”
For Scipac although the skills development of their top team has created a strong cohesive group, the proof of the business coaching process is shown in the business results. With pride Stephane adds. “Our results in the last 12 months of record profits and revenue have shown the quality of my team’s ability to take these new found skills and grow the business to higher heights, as well as acquiring the knowledge and confidence to cope with the current economic turmoil. Through coaching, Wayne and his team have helped to move our company to the business premier league very quickly.”
About SCIPAC Ltd.
SCIPAC Ltd is a producer and world-wide distributor of high quality intermediate reagents for the Health Diagnostics industry. Headquartered in Sittingbourne, Kent, SCIPAC Ltd is a private company generating more than 90% of its revenue through export. The company underwent significant expansion over the past 24 years, doubling its staff to 50 in the past 3 years and still hiring. The companies strategy is to achieve low risk, fast pace, organic growth by adapting its product offer and diversifying its client base to the pharmaceutical industry as well as academic research.
For more information contact Steve Raeside, Resources Director on +44 (0)1795 423077
To find out how your business can benefit from our business consultancy advice, please click here to receive a FREE 1 hour business consultancy session at your offices