SiG’s 100 business coaches, backed by a bank of experts, help companies tackle their individually diagnosed barriers to growth and, for many, double their turnover. Participants in the SiG programme have secured more than £4 billion in contracts over the past five years by improving their leadership, culture and operational capability.
An independent, not-for-profit programme, SiG is supported by the Regional Growth Fund and by more than £150 million in private investment. Over 60 companies, with some 10,000 employees, have benefitted from SiG across the UK. Now, as some of its earliest participants ‘graduate’ from the programme, newly funded places have become available to companies who need SiG’s expertise to show them how, typically, to address a 20% cost gap and a 50% productivity improvement.
To qualify for the programme, companies need to be aerospace suppliers, have genuine ambition to grow and be able to release their teams for on-site coaching, training and mentoring.
Says SiG CEO Andy Page: “We’ve now supported over 60 beneficiaries to secure more than £4 billion in contracts two years ahead of schedule. This is equivalent to over 7,000 jobs, so we’re well on target to safeguard 10,000 UK jobs by 2020.
“Our programme is effective because it has unique scope and scale, commensurate with the challenge of helping programme participants to win a larger share of the global aerospace market,” he continues. “We provide funded, bespoke, independent training, coaching and mentoring to improve the management and operational capability of companies so that they win business that can then be invested further in their skills and infrastructure to secure even more contracts.”
A total of 12 current SiG participants will be exhibiting at DSEI, the world’s largest biennial defence and security show, which will be held at London’s Excel on 10-13 September.