GROWTHmapper® Recovery
Stoke-on-Trent & Staffordshire Growth Hub has invested in a cutting-edge online business diagnostic tool, GROWTHmapper® Recovery, in order to support small-to-medium businesses across Stoke-on-Trent & Staffordshire with recovery from the Covid-19 pandemic.
What is GROWTHmapper® Recovery?
The purpose-built diagnostic and planning tool was created by Oxford Innovation, supported by the Enterprise Research Centre. GROWTHmapper® Recovery is designed to minimise the risk of business failure by identifying the particular key priorities for each business, highlighting any necessary tactical approaches to creating stability.
How does it work?
Each member of the management team within the business undertakes the GROWTHmapper® recovery online questionnaire. Taking just 15 minutes to complete, it examines 6 key areas: cash-flow, finance, market, demand capability, human resources and personal resilience.
The GROWTHmapper® Recovery report contains a series of charts that highlight relative strengths and weaknesses. This, together with a fully-funded 1-2-1 Diagnostic with an Accredited Business Advisor from Stoke-on-Trent and Staffordshire Growth Hub, allows a leadership team to check for consistency in their understanding of the challenges to agree priorities for action. The Business Advisor uses the report to facilitate a discussion that focuses attention on key actions and recovery planning, all adjusted to reflect the relative levels of crisis or resilience in each area of operations.
GROWTHmapper® Recovery uses a unique intervention matrix, which provides specific options for each business dependent upon their relative position on the pathway to recovery. These are created through analysis of each operational area in the context of the impact of Covid19 on the business.
For more information please contact Richard Brace on 01782 202222 or email richard.brace@staffordshirechambers.co.uk