Diversity and inclusivity are the key to growing a successful business in an increasingly “glocal” world, according to one of Birmingham’s leading entrepreneurs. Joel Blake OBE, multi-award winning entrepreneur and executive for growing business for Greater Birmingham and Solihull Local Enterprise Partnership, was speaking at a “Talent to Scale” breakfast hosted by financial and professional services firm Smith & Williamson.
The breakfast event, held at The Ivy in Temple Row for local business leaders, provided insights around how businesses can attract, retain and reward the right talent to accelerate business growth.
“In the modern world of business, the high growth leaders of tomorrow will be those who are bold, innovative and willing to take calculated risks,” he told the audience.
“But without the right people with a wide and diverse mix of thoughts, skills, experience and views who feel they are part of, and can add to an inclusive culture, this will be increasingly challenging as the world becomes more ‘glocal’.
“This means having a global mindset and reach, but at the same time accommodating the cultures, ideals and needs of your local audiences.”
The breakfast event was chaired by John Morris, scale-up lead at Smith & Williamson, who shared his insight into how attracting, motivating and harnessing talent is the key ingredient of business success.
Meanwhile Ray Abercromby, Business Tax Services Partner highlighted various ways of engaging and incentivising staff.
Ray said: “Helping businesses to scale-up and grow is at the heart of our agenda and Birmingham and the wider region are among the best places in the UK to grow a business.
“As such, we are proud to be a corporate founder of the ScaleUp Institute, a private sector, not-for-profit company focused on making the UK the best place in the world to scale up a business.
“Nonetheless, guiding a business through those crucial early years can be a lonely and challenging experience, particularly in regard to finding and keeping the right people. The insights and experiences shared at this event among guests were really inspiring and invaluable. As part of our programme we plan to look at other key factors that impact on business growth and success.
The next event in this senior leadership series will shine a light on the financing options available to growing businesses. The seminar will look at the type of finances businesses raise and top tips on how to get your finance modelling right to stand out from the crowd. To register your interest email BirminghamEvents@smithandwilliamson.com.
Notes to editors
Smith & Williamson is an independently owned professional and financial services group with over 1,700 people. The group is a leading provider of investment management, financial advisory and accountancy services to private clients, professional practices and mid-to-large corporates. The group has twelve offices; these are in London, Belfast, Birmingham, Bristol, Cheltenham, Dublin (City and Sandyford), Glasgow, Guildford, Jersey, Salisbury and Southampton.
By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of publication.
Smith & Williamson LLP is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. A member of Nexia International.
The word partner is used to refer to a member of Smith & Williamson LLP.